Bonds & Surety

Surety bonds provide financial backing to contractors for work performed. They are three-party agreements between a surety (bonding company), a contractor (your business) and a project owner (customer/obligee). The agreement binds the contractor to comply with the terms and conditions of the contract or project. If the contractor defaults on their duties, the surety takes responsibility to ensure that the project is completed.

CapriCMW Risk Advisors have the surety expertise needed to establish the bonding facility required for your business to be competitive.

Contract Bonds

CapriCMW's dedicated, specialized bond and surety experts are well-entrenched in BC’s construction industry. We have a thorough understanding of your business; we’ll guide you through the complexity of surety and bonding. We have strong industry partnerships through the NRCA, VRCA, SICA and BCCA. We stay on top of industry trends and act as your construction industry resource.

Key Contract Bonds:

  • Bid Bonds and Consents of Surety (Agreement to Bond)
  • Performance Bonds
  • Labour & Materials Payment Bonds
  • Maintenance Bonds
Have you explored your surety options lately?

Have a CapriCMW surety expert review your program

Miscellaneous Commercial Bonds

With issuing authority and on-site Power of Attorney, CapriCMW’s Bond and Surety Advisors can issue your commercial bond instantly. We’ve made it easy and efficient for you to get the bond you need:

  • Licence and Permit Bonds
  • Canada Customs Bonds
  • Excise Bonds
  • Lost Document Bonds
  • Court Bonds
  • Administration Bonds
  • Guardianship Bonds
  • Committee Bonds

Recent Blog Posts

Business Insurance / Construction, Occupational Health & Safety
BC's Requirements for Fall Protection Plans

Is your construction business compliant?

Dec 14th, 2017 | By: Ted Murray
Business Insurance / Occupational Health & Safety
Employer's Legal Obligations for Employees Working Alone

Know the risks to both the employee and the employer

Dec 11th, 2017 | By: Sean Graham
Business Insurance / Occupational Health & Safety
Employee Safety: Working Alone - Are You Compliant with Provincial and Federal Legislation?

Were you aware that occupational health and safety (OH&S) laws exist at both the provincial and federal level?

Dec 11th, 2017 | By: Rob ten Vaanholt & Lance Kellough

What our clients are saying about us

CapriCMW has provided me with quality service, regular market place quotations, and reputable insurance companies they represent. I highly recommend CapriCMW to any business wishing to see what else is out there, with professional advice and guidance in the best interest of the customer.

Daryl Hrynkiw, Central City Brewers & Distillers

CapriCMW has the expertise to recommend the best coverage at the most efficient cost, and they look out for my best interest. Their dedication to customer service is evident and I'd be the first to recommend CapriCMW.

George James, Black Hills Estate Winery

Talk to an Advisor

Your CapriCMW Risk Advisor has highly specialized knowledge of your industry and is empowered to act quickly and independently to ensure direct, personal service.

Can’t find what you are looking for? Ask us!