Bonds | Distinction Risk

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Explore Bond Offerings

Whether you're pursuing a new contract, satisfying a licensing requirement, protecting client funds, or meeting regulatory obligations, bonds play a critical role in demonstrating financial responsibility and business credibility.

At Distinction Risk Solutions, our team works with business owners, contractors, financial professionals, nonprofits, and property owners to identify bonding requirements, evaluate capacity, and structure solutions that support long-term growth.

From contract and license bonds to fiduciary and fidelity obligations, we help clients navigate complex requirements, strengthen stakeholder confidence, and position their organizations to pursue new opportunities with confidence.

Contract Bonds

Contract Bonds

Bid Bond

Guarantees the contractor will honor its bid and enter into the contract if selected, helping project owners avoid costly bid withdrawals.

Completion Bond

Guarantees a project will be completed if the original contractor cannot fulfill its contractual obligations.

Maintenance Bond

Guarantees the quality of completed work for a specified period following project completion and covers correction of defects.

Payment Bond

Guarantees subcontractors, suppliers, and laborers will be paid for work and materials provided to the bonded project

Performance Bond

Guarantees the contractor will complete the project according to contract terms, specifications, quality standards and schedule requirements, protecting the project owner from contractor default.

Subdivision Bond

Guarantees completion of required public improvements, such as roads, sidewalks, utilities, and drainage systems within developments.

Supply Bond

Guarantees a supplier will provide materials, products, or equipment according to contractual requirements and delivery schedules.

Warranty Bond

Extends assurance beyond project completion, guaranteeing correction of workmanship or material deficiencies during the warranty period.

License and Permit Bonds

License and Permit

Contractor License Bond

Required by many states and municipalities to guarantee compliance with contractor licensing laws and regulations.

Demolition Bond

Guarantees site cleanup, restoration, and compliance with demolition obligations.

Environmental Bond

Guarantees compliance with environmental regulations and may provide assurance for remediation or reclamation obligations.

Excavation Bond

Guarantees proper completion of excavation work and restoration of affected public or private property.

Permit Bond

Required to obtain certain permits and guarantees compliance with permit conditions and local regulations.

Right-of-Way Bond

Guarantees restoration of streets, sidewalks, and public property disturbed during construction or utility work.

Specialty Trade License Bonds

Guarantees compliance by electricians, plumbers, HVAC contractors, roofers, and other specialty trades with licensing requirements.

Street Opening Bond

Guarantees repair and restoration of streets, curbs, sidewalks, and rights-of-way disturbed during construction projects.

Utility Contractor Bond

Required for utility-related work and guarantees compliance with utility company and municipal requirements.

Financial Service Bonds

Financial Services

Broker-Dealer Bond

Required by some regulators and guarantees compliance with securities laws and financial obligations

ERISA Bond

Required for many employee benefit plans and protects the plan participants from losses if funds are lost due to fraud, theft, embezzlement, forgery, or other dishonest acts committed by individuals who handle plan property.

Fidelity Bond

As financial crime evolves, fidelity bonds help protect organizations and their clients from losses arising from employee dishonesty, cyber-enabled fraud, misappropriation of assets, and fraudulent transfer events

Financial Institution Bond

Provides specialized protection for banks, credit unions, investment firms, and financial institutions against employee dishonesty and fraud losses

Notary Bond

Required for notaries and guarantees compliance with notarial duties and statutory requirements.

Probate Fiduciary Bond

Guarantees proper administration of assets and fulfillment of court-appointed fiduciary responsibilities.

Trustee Bond

Required when acting as a trustee and guarantees faithful performance of fiduciary duties.

General Business Bonds

General Business Bonds

Business Service Bond

Provides assurance to clients that losses caused by employee theft or dishonest acts while performing services will be compensated

ERISA Bond

Required for many employee benefit plans and protects the plan participants from losses if funds are lost due to fraud, theft, embezzlement, forgery, or other dishonest acts committed by individuals who handle plan property.

Employee Dishonesty Bond

Provides reimbursement for direct financial loss caused by theft of money, securities, or property by employees.

Fidelity Bonds

Protects businesses from losses caused by employee theft, fraud, embezzlement, forgery, or other dishonest acts.

Public Officials Bond

Required for certain elected or appointed officials and guarantees faithful performance of official duties.

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