Platinum Bonds shield logo

Platinum Bonds Insurance Agency

Research before you apply.
ChatLoginPay Now

Maintenance Bond

A Maintenance Bond is a financial guarantee required by the City of Aspen, Colorado for contractors or developers who complete construction projects. This bond protects the city by ensuring that if something goes wrong with the completed work during a specific warranty period (like faulty materials or poor workmanship…

Bond amountVaries by license type or project
State or jurisdictionColorado
ObligeeCity of Aspen, Colorado

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.

Google icon5.0 ★★★★★Google review profileBBB iconBBB A+ AccreditedView the agency profile
2323 yearsHelping clients and agents
Overview

What it is.

A Maintenance Bond is a financial guarantee required by the City of Aspen, Colorado for contractors or developers who complete construction projects. This bond protects the city by ensuring that if something goes wrong with the completed work during a specific warranty period (like faulty materials or poor workmanship…

Who usually needs it

Contractors (including general contractors, subcontractors, or builders) who complete construction projects on public or private works in Colorado need this bond to guarantee they will repair defects in materials or workmanship during the warranty period of 12-60 months post-completion. The bond is required by project owners or contract specifications, not …

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 with performance bonds or issued separately. Rates depend on contract size, project type, and contractor qualifications.

Your quote determines the actual premium.

Typical timeframe

Contract underwriting — 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.

Platinum Bonds

Experience behind every bond.

Helpful guidance, a real agency team, and a clear path from research to application.

Google icon5.0★★★★★Google reviews

“Finally a company that understands what customer service is supposed to be.”

★★★★★

“My bond application was processed and received very quickly.”

★★★★★

“I highly recommend you do business with these folks.”

★★★★★
BBB A+ Accredited Business seal for Platinum Bonds Insurance Agency

BBB A+ Accredited

Open the Platinum Bonds Insurance Agency BBB profile.

23 years

Offering service to clients and agents alike.

Next step

Ready to move forward?

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

Start the appTalk with Ava