Bond cost index
Construction Bond Cost
Construction bonds cover bid, performance, payment, maintenance, and supply guarantees for builders working on public and private jobs.
How much does a construction bond cost?
Bid bonds usually 5 to 10 percent of bid amount, performance and payment bonds at 100 percent of contract value. Maintenance bonds typically 1 to 2 year tail. Premium for a construction runs about 1% to 15% of the bond amount per year, set by underwriting based on credit and financials.
Data as of 2026-06-17. Methodology v1.
Bid bonds usually 5 to 10 percent of bid amount, performance and payment bonds at 100 percent of contract value. Maintenance bonds typically 1 to 2 year tail.
The bond amount for this bond is set by the obligee on a case-by-case basis rather than by a statewide statute, so there is no per-state table. These are estimated ranges, not quotes. Final premium is set by underwriting and depends on the bond amount, your credit and financials, the bond class, and the obligee. A firm number takes a short application.