The Mahoney Group is a leading provider of contractor surety services, helping contractors secure the financial backing they need to win and complete contracts with confidence.
Our team of experienced professionals understand the unique needs of contractors and offer a wide range of surety bonds, including bid bonds, performance bonds, and payment bonds.
What are Surety Bonds for Contractors?
Surety bonds for contractors are a type of insurance that provide financial protection to project owners in the event that the contractor fails to meet their obligations under the contract. They are often required for government and private projects to ensure that contractors have the resources to complete the project on time and to the required standards.
Our Comprehensive Contractor Surety Services
We offer a comprehensive suite of surety services designed to support contractors and help them win more work. Our experienced professionals will work with you to understand your business and provide you with the right surety solution to meet your specific needs, including:
- Bid Bonds: Secure your next project with our bid bonds, providing a guarantee to project owners that you will enter into a contract if awarded the project.
- Performance Bonds: Protect your reputation and ensure project success with our performance bonds, providing financial protection to project owners in the event that you fail to perform your obligations under the contract.
- Payment Bonds: Guarantee payment to subcontractors, suppliers, and laborers with our payment bonds, ensuring that you fulfill your financial obligations on the project.
Why Choose The Mahoney Group for Your Contractor Surety Bond Needs?
We understand the importance of personalized service and a comprehensive approach to surety bonds for contractors. Our experienced professionals will work with you to provide the right surety solution for your business and offer ongoing support to help you manage your surety needs and grow your business. Some of the key benefits of working with The Mahoney Group include:
- Personalized service from experienced professionals who understand your business.
- A wide range of surety bond options to meet your specific needs.
- Fast and efficient bonding process to help you win more work.
- Ongoing support to help you manage your surety needs and grow your business.
Type of Bonds We Write:
Landfill Closure Bonds
Union Wage Bonds
Insurance Industry Suffers Dismal First Quarter
2-minute read The woeful insurance industry underwriting losses we saw in 2022 showed no sign of improving in the first quarter of 2023, a reflection of catastrophic weather …
Product Recall Insurance: A Lifeline for Companies Like Peloton
5-minute read In the wake of Peloton’s recent recall of 2.2 million exercise bikes due to safety concerns, the spotlight is once again on the critical role of …
Product Recall Insurance: A Lifeline for Companies Like Peloton Read More »
Navigating the Risks and Exposures of Artificial Intelligence: Essential Insurance Coverage for AI-Related Claims
6-minute read Artificial intelligence is transforming industries and streamlining processes at a dizzying pace. There’s a lot we don’t understand about AI, including the risks and exposures inherent …
Navigating the Risks and Exposures of Artificial Intelligence: Essential Insurance Coverage for AI-Related Claims Read More »
Employers Increasingly Prioritize Family Benefits
4-minute read Family benefits policies are gaining significant importance, according to a survey conducted by the Maven Clinic, an organization specializing in family planning that collaborates with businesses …
Employers Increasingly Prioritize Family Benefits Read More »
Surety Bond Glossary: Common Terms for Buyers Explained
3-minute read Surety bond terminology can be complex, and it’s important for buyers to understand the terms when purchasing a surety bond. Here is a glossary of common …
Surety Bond Glossary: Common Terms for Buyers Explained Read More »
Enhancing Bonding Capacity: 5 Essential Steps for Contractors
4-minute read For contractors, securing a surety bond is often an essential step in participating in public or private construction projects. The bonding capacity represents the maximum amount …
Enhancing Bonding Capacity: 5 Essential Steps for Contractors Read More »
6 Types of Insurance Policies Every Multifamily Property Needs
5-minute read It’s a scenario all landlords dread: A tenant slips and falls on a wet floor in the lobby of one of their apartment buildings, breaks an …
6 Types of Insurance Policies Every Multifamily Property Needs Read More »
Watching for Cyber Insurance Policy Exclusions
3-minute read In today’s interconnected world, cybercrimes have been rising rapidly, posing significant challenges to businesses, governments, and individuals alike. No wonder cyber insurance has become increasingly essential …
Top 6 Insurance Buying Mistakes: How to Avoid Costly Coverage Gaps
4-minute read If the historians are right, the earliest written insurance policy was issued about 4,000 years ago. Despite the centuries since, employers buying insurance today can still …
Top 6 Insurance Buying Mistakes: How to Avoid Costly Coverage Gaps Read More »
Why Contractors Need Professional Liability Insurance
4-minute read Once upon a time, the lines of demarcation between design professionals and general or specialty contractors were crystal-clear. No longer. Today, contractors are frequently involved in …
Why Contractors Need Professional Liability Insurance Read More »
Get in Touch With Our Team Today
Contact Matt Snowden for
"*" indicates required fields
The Mahoney Group Core Values
We serve our employees, clients and business partners with a servant's heart.
We deliver solutions that bring value and protection to the clients we serve.
We are accountable to each other, our clients and business partners. You can rely on us to always do the right thing.