Rocket Lawyer US

Switch to Rocket Lawyer UK

We are here to help

(877) 881-0947 or Sign up | Sign in
Rocket Lawyer

Make your Free
Bid Bond

Make Document

How it works

Build your
document
Save, print
& share
Sign it &
Make it legal
Sample Bid Bond Form Template
Bid Bond Basics

When you submit a bid on a contracting job, consider adding a Bid Bond to assure the project owner that you'll honor your bid. A bond can help you protect your rights and obligations, and since a Bid Bond acts like a guarantee, it can also make your bid look more attractive.

Use the Bid Bond document if:

  • You are ready to enter into bid bond and you want to define the terms and conditions of such Agreement.

A Bid Bond allows you to guarantees that a contractor or construction company will honor a bid, since the bid is bonded or backed by financial and insurance brokers. Bid Bonds let clients know that when they accept a bid, they'll get what was proposed. The bonds also help contractors assure the project owner that their bid is the best option. Your Bid Bond should include information like: the name of the contractor placing the bid; the party requesting the bid; a description of the construction project, and its location; the name of the surety company guaranteeing the bid; the amount that is guaranteed; the number of days in which the final contract must be signed if the bid is accepted; and who will sign the Bid Bond, and when. Contractors should be aware that a Bid Bond will typically cost you a small percentage of the full contract amount; however, having a bond may help you land the contract in the first place, and some clients require it.

Other names for this document: Bid Bond Guarantee


Sample Bid Bond

More than just a template, our step-by-step interview process makes it easy to create a Bid Bond.

Save, sign, print, and download your document when you are done.

Why choose Rocket Lawyer?
Specialists to help
We're here to answer your
questions.
Free Trial
Your document is free with your subscription.
Our quality guarantee
We guarantee our service is
safe and secure.

Get free legal advice

From our network lawyers.

Characters remaining: 600

Ready to create your Bid Bond?

Get Started