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State of Maryland - Hauling Performance Bond (Maryland State Highway Administration)

This bond is required for contractors who haul materials or debris on Maryland state highways as part of construction projects overseen by the Maryland State Highway Administration. It guarantees that the hauling contractor will complete their work according to the contract terms and follow all state regulations. If t…

Bond amountVaries by license type or project
State or jurisdictionMaryland
ObligeeState of Maryland

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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Overview

What it is.

This bond is required for contractors who haul materials or debris on Maryland state highways as part of construction projects overseen by the Maryland State Highway Administration. It guarantees that the hauling contractor will complete their work according to the contract terms and follow all state regulations. If t…

Who usually needs it

Individuals or trucking companies holding a hauling permit from the Maryland State Highway Administration for oversize or overweight loads/equipment on state highways need this bond. The bond ensures permit holders comply with all permit terms and conditions, including compensation for any road damages caused by the oversize/overweight hauling due to neglig…

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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