A $10K Performance and Maintenance Bond is required by the City of Lawrence, Kansas for contractors or developers working on city projects. This $10,000 bond guarantees that you'll complete your work according to the agreed-upon plans and maintain it for a specified period afterward. If you don't finish the project pr…
Overview
What it is.
A $10K Performance and Maintenance Bond is required by the City of Lawrence, Kansas for contractors or developers working on city projects. This $10,000 bond guarantees that you'll complete your work according to the agreed-upon plans and maintain it for a specified period afterward. If you don't finish the project pr…
Who usually needs it
No specific profession, business type, or license holder is explicitly identified as requiring a Kansas $10,000 Performance and Maintenance Bond. This bond type may vary by city or locality in Kansas (such as City of Shawnee or City of Emporia), but no statewide requirement for this specific bond amount is confirmed in available sources.
Pricing & timing
What to expect.
Generic pricing
Performance bonds guarantee that a contractor will complete a project according to the contract terms. Typical Pricing:. • Small contracts: Commonly around 1–5% of the contract value (one-time upfront premium). • Larger contracts: Rates generally scale lower as contract size increases. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. • Full underwriting required: Credit, financials, experience, and bon…
Typical timeframe
Full underwriting required — typically 3–5 business days
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateKSBond amount$10,000ObligeeCity of Lawrence, KansasBond classPerformance BondCategoryOtherBond$10K Performance and Maintenance BondPlain descriptionA $10K Performance and Maintenance Bond is required by the City of Lawrence, Kansas for contractors or developers working on city projects. This $10,000 bond guarantees that you'll complete your work according to the ag…Who needs this bondNo specific profession, business type, or license holder is explicitly identified as requiring a Kansas $10,000 Performance and Maintenance Bond. This bond type may vary by city or locality in Kansas (such as City of Sh…
