The Warnock Agency was founded 20 years ago with on simple goal: delivery surety bonds more quickly and easily than any other surety agency. We specialize in helping contractors with all their bonding needs, bid contracts large and small, and help construction and service companies grow their business through bidding bonded projects.
A Bid Bond is issued in lieu of a required cash deposit. The cash deposit (usually 10% of the bid amount) is subject to full or partial forfeiture if the contractor is the low bidder and fails to either execute the contract or provide the required Final Bonds.
Nearly all Public Sector jobs and many private ones require a bid bond or cashiers check at the time of submission.
The Warnock Agency is not currently charging for bid bonds.