Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. Headquartered in Natick, MA, our expert agents are ready to assist with all of your Massachusetts surety bond needs.
Continue reading below to learn more about common Massachusetts bonding requirements, or use our online form to request a quote now.
Typical Massachusetts bonds include (click on any for more info):
Surety Bond | Obligee | Bond Amount | |
---|---|---|---|
Alcohol Bonds | Various State Entities | Varies | Apply Now |
Appeal Bonds | Various Courts | Varies | Apply Now |
Attachment Bonds | Various Courts | Varies | Apply Now |
Auto Dealer Bonds" data-order="Auto Dealer Bonds" >Auto Dealer Bonds | Division of Motor Vehicles - Dealer Licensing Bureau | Typically $25,000 - $50,000 | Apply Now |
Bid Bonds | Project Owner or GC requiring bonds | Varies | Apply Now |
Construction Bonds | Project Owner or GC requiring bonds | Varies | Apply Now |
Contractor License Bonds | Various State/Municipal Entities | Varies | Apply Now |
Court Bonds | Various Courts | Varies | Apply Now |
Cryptocurrency Bonds | Various State Entities | Varies | Apply Now |
DMEPOS Bonds | Centers for Medicare and Medicaid Services (CMS) | $50,000 | Apply Now |
Encroachment Bonds | Various State Highway Department | Varies | Apply Now |
ERISA Bonds | Fund Beneficiaries | Often ~ $1,000,000 but may vary | Apply Now |
Express Script Bonds | required on a federal level)" data-order="Express Scripts (required on a federal level)" >Express Scripts (required on a federal level) | $500,000 | Apply Now |
Fidelity Bonds | Employer | Varies | Apply Now |
Freight Broker Bonds (BMC-84 Bonds) | Federal Motor Carrier Safety Administration (FMCSA) | $75,000 | Apply Now |
Health Club Bonds | The State in which the Health Club operates | $50,000 | Apply Now |
Janitorial/Cleaning Service Bonds | Varies | Varies | Apply Now |
License & Permit Bonds | Varies | Varies | Apply Now |
Lost Instrument Bonds | Typically runs to the Transfer Agent | Varies | Apply Now |
Lottery Bonds | Various Lottery Commissions | Varies | Apply Now |
Maintenance Bonds | Project Owner or Municipality | Varies | Apply Now |
Marijuana Bonds | Various State Entities | Varies | Apply Now |
Mechanic's Lien Bonds | Typically the Local/State Registry of Deeds | Varies | Apply Now |
Money Transmitter Bonds | Various State Entities | Varies by State | Apply Now |
Mortgage Broker Bonds | Bank Commissioner, Banking Dept. | $50,000 | Apply Now |
Notary Public Bonds | Various Secretary of States | $500 - $25,000 | Apply Now |
Paid Family Medical Leave (PFML) Bonds | Various State Entities | Varies | Apply Now |
Performance & Payment Bonds | Project Owner or GC requiring bonds | Varies | Apply Now |
Probate & Fiduciary Bonds | Various Courts | Varies | Apply Now |
Real Estate Broker Bonds" data-order="Real Estate Broker Bonds" >Real Estate Broker Bonds | Real Estate Brokers" data-order="MA Board of Real Estate Brokers" >MA Board of Real Estate Brokers | $5,000 | Apply Now |
Reclamation Bonds | Various Government Entities | Varies | Apply Now |
Solar Decommissioning Bonds | Typically Town/City/State | Varies | Apply Now |
Subdivision/Site Improvement Bonds | Various Municipal Entities | Varies | Apply Now |
Supply Bonds | Project Owner or GC requiring bonds | Varies | Apply Now |
Title Bonds | State's DMV | Varies | Apply Now |
Tobacco Bonds | Various State Entities | Varies | Apply Now |
Utility Bonds | Utility Company | Varies | Apply Now |
Don’t see the bond you need listed? Get in touch and let our experts help!
The three main categories of surety bonds required in Massachusetts are contractor and construction bonds, license and permit bonds, and court bonds. There are other types of bonds, but these are the ones that are most commonly needed.
Contractors are generally required to obtain a contractor license bond as part of the process of becoming licensed by the Massachusetts State Board of Building Regulations and Standards. Contractors are also typically required to purchase other types of construction surety bonds in order to bid, win, or work on public works projects.
Required bonds for your project may include bid bonds, performance and payment bonds, supply bonds, and others. In Massachusetts, these bond requirements are established by various municipalities rather than at the state level. The bonds guarantee that the contractor will comply with all applicable rules, regulations, and standards and will fulfill all of their contractual obligations.
At Surety Bond Professionals, construction surety is our specialty. Our knowledgeable agents are on standby to help with all of your bonding needs.