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Bid Bond

Public Works Department Bond

Parking Lot Contractor - Compliance Only

Overview

What it is.

Parking Lot Contractor - Compliance Only

Who usually needs it

Contractors (including general contractors and subcontractors) entering into contracts exceeding $100,000 for public improvements, public building construction, or repairs in Kansas with public officials for state or local government public works projects. The bond guarantees payment of all debts for labor, materials, equipment, or supplies used in the proj…

Pricing & timing

What to expect.

Generic pricing

Bid bonds guarantee that a contractor will honor their bid and enter into the contract if awarded. Typical Pricing:. • Small contracts: Commonly around 1–5% of the bid amount. • Larger contracts: Rates generally scale lower as contract size increases. • Bid bonds: Often provided at no additional cost when paired with performance and payment bonds. • Full underwriting required: Credit, financials, experience, and bonding history reviewed. Bid bonds are typically requ…

Typical timeframe

Contract underwriting required — typically 3–5 business days

Application

What to do next.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. Keep your effective date and renewal date on file with us.
Start the application.

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Details

Bond details.

StateKS
Bond amount$5,000
ObligeeCity of Wichita
Bond classBid Bond
CategoryOther
BondPublic Works Department Bond
Plain descriptionParking Lot Contractor - Compliance Only
Who needs this bondContractors (including general contractors and subcontractors) entering into contracts exceeding $100,000 for public improvements, public building construction, or repairs in Kansas with public officials for state or lo…
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Next step

Ready to move forward?

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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