Guarantee That Your Suppliers Will Get Paid
Platinum’s Payment and Performance Surety Bond relieves you of the stress that comes with meeting your contractual obligations. Give yourself, your suppliers and your subcontracts the peace-of-mind that comes with knowing that all payments for labor and materials will be paid on time and all of your contracts honored. .
Having a Payment and Performance Surety Bond is a contract requirement. Contractors that are awarded a contract through the bid bond process for such projects as a state Department of Transportation (DOT) project or a Federal project (AIA) are typically required to obtain a payment and performance bond.
Platinum Payroll has surety bond programs in place for Payment and Performance Bonds regardless of contract sizes and classes of business.
