Developer Surety Bonds

Developers

Alpha Surety has experience working with all sizes of developers from the small builder to large corporate developers. Smaller projects may need a bond for only a sewer tie-in or landscaping. Larger projects can require multi-million dollar bonds for grading, public street construction, stoplights or even a pumping station. There are also Tax Bonds to cover the developer’s taxes and a variety of bonds for the benefit of the Homeowners Association.

Regardless of your need, a partnership with the right broker is critical. Some surety companies demand lender set-aside letters on every project while others can offer more flexibility depending on the project and the ownership. Rates also vary widely for this class of bonds. For larger developers, bonding capacity can also become an issue if you have projects that continue for multiple years.

For a free initial consultation, contact Jason Jenkins at 510-435-8425 or jlj@alphasurety.com . Please click here to view and print the initial questionnaire.