City of Poulsbo Performance/Maintenance Blanket Bond
This bond is required for contractors or developers working on projects in Poulsbo, Washington. It serves two purposes: first, it guarantees that the work will be completed according to city specifications (performance), and second, it ensures any required maintenance will be done after the project is finished (mainte…
Overview
What it is.
This bond is required for contractors or developers working on projects in Poulsbo, Washington. It serves two purposes: first, it guarantees that the work will be completed according to city specifications (performance), and second, it ensures any required maintenance will be done after the project is finished (mainte…
Who usually needs it
Contractors and construction firms bidding on or undertaking public works projects within the City of Poulsbo, Washington, specifically for projects involving public infrastructure such as roads, bridges, public buildings, or work in the public right-of-way (ROW). The bond guarantees both project completion (performance) and post-completion maintenance for …
Pricing & timing
What to expect.
Generic pricing
Maintenance bonds guarantee that a contractor will repair defects in workmanship or materials for a specified period after project completion. Typical Pricing:. • Small contracts: Commonly around 1–5% of the contract value. • Larger contracts: Rates generally scale lower as contract size increases. • Maintenance period: Typically covers 1–2 years after project completion. • Underwriting: Contract underwriting typically required. Maintenance bonds may be included wit…
Typical timeframe
Contract underwriting — 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.
StateWABond amountVaries by license type or projectObligeeCity of Poulsbo, WashingtonBond classMaintenance BondCategoryOtherBondCity of Poulsbo Performance/Maintenance Blanket BondPlain descriptionThis bond is required for contractors or developers working on projects in Poulsbo, Washington. It serves two purposes: first, it guarantees that the work will be completed according to city specifications (performance)…Who needs this bondContractors and construction firms bidding on or undertaking public works projects within the City of Poulsbo, Washington, specifically for projects involving public infrastructure such as roads, bridges, public buildin…