Contract bonds

Markel Surety provides superior financial security and outstanding service to prime and subcontractors.

  • With capacity to $500 million, we are a market for preferred accounts with the tools and experience to provide structured solutions.
  • We draw on our underwriting experience and understanding of the construction market to serve stand-alone, co-surety, reverse flow accounts.

Underwriting appetite

Our primary underwriting appetite is focused on preferred, high-quality contractors. Drawing on our 20-year history, we are also uniquely equipped to assist specialty accounts, utilizing the SBA Surety Guarantee Program, Funds Disbursement Services (FDS), and collateralized programs for custom-designed solutions.

Resources

These applications are for the convenience of professional Surety agents and producers already appointed with Markel Surety and their clients. If you are not appointed with us, please complete our online Agent Profile.

Construction Projects Over $500,000

  • Last fiscal year-end statements on the company
  • Complete copy of last company tax return
  • Financial statement on owners/stockholders, concurrent with the company fiscal statement
  • Certificate of Insurance
  • Resume on key people
  • Contractor Bonding Questionnaire
  • Bank Reference Form
  • Status of Contracts
  • Personal financial statement form
  • Bid Bond Request Form or Performance and Payment Bond Request Form

Construction Projects $100,000 - $500,000

  • General ownership information
  • Bid Bond Request Form
  • Performance Payment Request Form
  • General Indemnity Agreement (GIA)
  • Banking Information and general questions
  • Work history/current work-in-progress
  • Personal financial statement on owners and stockholders
  • Current business financial statement

Construction Projects Under $99,999

  • General ownership information
  • Bid Bond Request Form
  • Performance Payment Request Form
  • General Indemnity Agreement (GIA)
  • Banking Information and general questions

Related services

Funds Disbursement Services (FDS)

Markel's dedicated FDS team manages the pay application and disbursement process of your project to ensure funds are used properly or enhance credit.

Subcontractor prequalification

Markel offers thorough and comprehensive subcontractor risk assessment to evaluate financial condition and capabilities to help clients make informed decisions.