Information On Bond Types

At Alter Surety Group, our expertise covers a wide variety of surety bond types. Select a bond type from the gallery below to learn more about the most common types of surety bonds we service, including: Bid Bonds, Completion Bonds, Fidelity Bonds, Financially Responsible Officer (FRO) Bonds, Judicial and Court Bonds, Labor and Materials Payment Bonds, License and Permit Bonds, Lien Transfer Bonds, Maintenance Bonds, Performance Bonds, Subdivision Bonds, and Supply Bonds.

For additional information on how Alter Surety Group can help you with any of these bonds, please do not hesitate to contact us.

Bid Bonds

Bid Bonds

What is a Bid Bond? A Bid Bond guarantees the owner that the principal will honor its bid and will

Completion Bonds

Completion Bonds

What is a Completion Bond? A Completion Bond is a surety bond posted by a contractor or developer to guarantee

Fidelity Bonds

Fidelity Bonds

What is a Fidelity Bond? A Fidelity Bond – known as a dishonesty bond or business services bond – protects

Financially Responsible Officer (FRO) Bond

Financially Responsible Officer (FRO) Bonds

Florida Financially Responsible Officer Bond – (also FRO Bond) is necessary by the Florida Construction Industry Licensing Board (CILB) when

Judicial and Court Bonds

Judicial and Court Bonds

In a civil proceeding, bonds are often required by the court, as they protect those involved in the proceedings and

Labor and Material Payments Bonds

Labor and Materials Payment Bonds

What is a Payment Bond? A Payment Bond guarantees the owner that subcontractors and suppliers will be paid the monies

License and Permit Bonds

License and Permit Bonds

License and permit bonds, also known more simply as “license bonds” or “permit bonds”, are a certain type of commercial

Lien Transfer Bonds

Lien Transfer Bonds

What is a Lien Transfer Bond? A Lien Transfer Bond discharges a lien from the property and replaces it with

Maintenance Bonds

Maintenance Bonds

What is a Maintenance Bond? A type of surety bond purchased by a contractor that protects the owner of a

Performance Bond

Performance Bonds

What is a Performance Bond? A Performance Bond guarantees the owner that the principal will complete the contract according to

Subdivision Bonds

Subdivision Bonds

What is a Subdivision Bond? A Subdivision Bond is an obligation in favor of a municipality, county or state government

Supply Bonds

Supply Bonds

What is a Supply Bond? Supply bonds are commercial contract bonds involving the delivery of goods. They guarantee faithful performance