South Carolina Payment and Performance Bond

Payment and Performance Bond
Contractor Surety Bonds
Price: Depends on application
South Carolina Payment and Performance Bond
The process of applying for a South Carolina Payment and Performance Bond Surety Bond is a quick and straightforward process, typically taking only about five minutes from start to finish.


To purchase your South Carolina Payment and Performance Bond simply click on the "Buy Now" button. You will then be guided through a brief set of questions. After which you'll pay online and sign using DocuSign. Your new surety bond will be signed and sealed as a full-color PDF document for printing.

Securing a South Carolina Payment and Performance Bond surety bond is a commitment by principals to adhere to the stipulations of contractual and legal obligations.

Note: If the bond requires underwriting, it may take up to 24 hours.

Payment and Performance Bond

The State of South Carolina
Payment and Performance Bond

Surety Bond Details

State: South Carolina
Category: Payment and Performan...
Class: Contractor Surety Bonds
Obligee: ** South Carolina ** ...
Amount: Varies
Duration: Stated on Bond
Expiration: Stated on Bond

Cost: Depends on applic...

The State of South Carolina
Payment and Performance Bond
State:
South Carolina
Category:
Contractor Surety Bonds
Obligee:
** South Carolina ** Generic Obligee
Amount:
Varies
Duration:
Stated on Bond
Expiration:
Stated on Bond
 
SORPid: A-223

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South Carolina Payment and Performance Bond Details

A  South Carolina Payment and Performance Bond covers the payment of subcontractors, laborers, and materials suppliers associated with the project. Payment bonds protect those supplying labor or materials to a particular bonded project. A performance bond guarantees the performance of the terms of a contract. These bonds frequently incorporate payment bonds (labor and materials) and maintenance bonds. Bonding aims to protect the project owner from financial loss should the contractor fail to perform the contract by its terms and conditions. A payment and performance bond can be purchased together at the same time at a discounted premium.

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