Contract Surety Bonds from RLI

To grow your contract bond business, it helps to have a partner you can trust.

At RLI Contract Surety, we provide customized solutions for contractors’ performance, payment and supply bonds. We work with experienced agents and brokers to provide surety bond solutions to small and medium sized contractors and offer streamlined programs for small and infrequent contract surety credit users.

Partnering with us means you’ll have access to tools and resources that enable you to grow your bond business, including direct access to forms and bond documents as well as online bond administration tools. Our partnership value includes access to highly experienced underwriters staffed in more than a dozen locations throughout the U.S. to provide regional expertise and personalized service.

Contract Bond Programs

RLI Surety offers access to graduated programs. You even retain the same underwriter as your customers grow.

STANDARD

Small- and medium-sized contractors with aggregate program needs in excess of $50 million.

• Flexible rating plans
• Supports small- and medium-sized contractors for their performance and payment bonds needs
• Available aggregate work programs and capacity of $50 million or higher for well-established accounts

NEXT STEP

For experienced contractors with bonded aggregate program needs of up to $1.5 million, Next Step builds on the First Step® small contract bond program. With Next Step, benefits include:

• One market, no gaps
• No CPA review statements required
• Streamlined process
• Ability to grow bonding limits with the same underwriter as the contractor grows

FIRST STEP®

For contractors with infrequent, small bond needs, First Step gives you or your contractors the ability to:

• Submit applications online for prequalification, bid or performance and payment bond requests up to $500,000
• Electronically sign documents, including General Indemnity Agreements
• Upload contract and bond documents for instant delivery
• Create an account to make future bond requests simple

Additional Program: SBA Capacity

We work with small, emerging contractors through the SBA Prior Approval Bond Guarantee Program. The single size limitation is $9 million and $14 million for a federal project and SBA-guaranteed surety bonds are often an ideal option for:

• Startups and firms in business for fewer than three years
• Small businesses with credit issues or internally-prepared financial statements
• Small businesses that have difficulty securing surety bonds through regular commercial channels
• Subcontractors with a desire to establish their bonding credit as a prime contractor
• Small businesses that want to increase their current bonding limits

Use My Contract Bond App on RLI's agent portal to access our electronic application for all our contract products, featuring:

• Electronic signature of documents, including General Indemnity Agreement
• Ability to upload contracts and bond documents for instant delivery
• Account creation to simplify future bond requests
• Option to create a custom link for your contractors to submit their own applications on the go
• Learn more about My Contract Bond App™