Contractors performing corrective work on coating system defects for Michigan Department of Transportation (MDOT) projects must maintain a maintenance bond in force for a 2-year warranty period to guarantee their work.
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.
StateMIBond amountVaries by license type or projectObligeeCharter Township of Harrison, MichiganBond classMaintenance BondCategoryOtherBondMaintenance and Performance BondPlain descriptionWater and Sewer Contractor - Compliance OnlyWho needs this bondContractors performing corrective work on coating system defects for Michigan Department of Transportation (MDOT) projects must maintain a maintenance bond in force for a 2-year warranty period to guarantee their work.
