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 / Manufacturing, innovation, SME
Government of Canada Announces $100 Million Funding for Steel and Aluminum Manufacturers and Users

The federal government has announced the launch of the Regional Economic Growth through…

Mar 13th, 2019 | By: CapriCMW
Business Insurance
WorkSafeBC's 2019 Plans for Reducing Serious Injuries in Construction

On average, serious injuries occur far more often - three times more, in fact, according to…

Mar 5th, 2019 | By: CapriCMW
Business Insurance / Manufacturing, stock throughput, inventory, supply chain
A Different Way to Protect Your Inventory Through the Entire Supply Chain

For businesses with operations that involve the full chain of production, a single all-encompassing…

Feb 28th, 2019 | By: CapriCMW

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!