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$10K Performance and Maintenance Bond

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…

Bond amount$10,000
State or jurisdictionKansas
ObligeeCity of Lawrence, Kansas

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

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2323 yearsHelping clients and agents
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 bonding history reviewed. Performance bonds are typically required for public construction projects and many private projects. Bond amounts are usually 100% of the contract value. Rates may be higher when risk factors a…

Your quote determines the actual premium.

Typical timeframe

Full underwriting required — typically 3–5 business days

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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