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City of Phoenix performance bonds.
From $100.

The City of Phoenix requires a performance bond on public works contracts and many permitted improvements — it guarantees the work gets finished to the City’s specifications. The amount equals the contract or work value; the premium runs 1% of the bond amount, $100 minimum, and your exact price appears at the application.

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Guarantees completion of a City of Phoenix contract or permitted improvement to specification
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Amount equals the contract / work value the City names — enter your “amount of work”
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1% of the bond amount, $100 minimum — your exact price appears at the application
1% of bond amount$100 minimumExactprice shown at the applicationA-ratedA.M. Best carriers
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
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McKinney Properties
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JLL (Jones Lang LaSalle)
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New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a City of Phoenix performance bond cost?

1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Apply to issued, fast.

Enter your contract amount, and we issue the City of Phoenix performance bond. Larger contracts get a quick underwriter review. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the contract / amount of work, and the effective date — that is the application.

SAME / NEXT DAY

Reviewed & issued

Smaller performance bonds issue quickly; larger contract amounts get a brief underwriter review, typically within 48 hours.

ON ISSUE

File with the City of Phoenix

Submit the executed performance bond with your City of Phoenix contract or permit. Wet-ink originals mailed whenever the City insists.

About this bond

What it is and who needs it.

What the performance bond guarantees

When you contract with the City of Phoenix for public work — or build a permitted improvement the City will accept — the City requires a performance bond. It is the classic three-party guarantee that the project gets built right.

The bond runs between you (the principal), the surety carrier, and the City of Phoenix (the obligee). It guarantees you complete the work according to the contract and City specifications. If you default, the City can call on the surety to finish the job or pay the cost of completion, up to the bond amount.

The bond amount equals the contract value or the amount of work the City names — so the premium scales with the job. It is not insurance for you: if the surety pays a claim, you repay the surety. Premiums start at $100 — your exact price appears at the application; larger contract amounts get a brief underwriter review.

City of Phoenix — public works contractingThe City of Phoenix requires a performance bond, naming the City of Phoenix as obligee, on public works contracts and many permitted improvements, guaranteeing completion of the work to the contract and City specifications. Arizona public works performance bonds are generally written at 100% of the contract amount (see A.R.S. Title 34 for public-works projects); the bond amount equals the contract value or amount of work the City names. Confirm the required amount with the City for your contract or permit.

You need this bond if you are

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A contractor awarded a City of Phoenix public works contract
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A developer or builder guaranteeing permitted improvements the City will accept
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A subcontractor the City or prime requires to bond your scope
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Bidding City work that conditions award on a performance bond
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with the City of Phoenix. Submit the executed performance bond with your City of Phoenix contract or permit. Wet-ink originals mailed whenever the City insists.

What sets the price

The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

No credit check up to $100,000. Above that, the carrier may run a soft pull, which never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One short form to apply.

Submit the application with the contract / amount of work — smaller bonds issue fast, larger contract amounts get a brief underwriter review.

Start the application →
FAQ

Common questions.

How much is the City of Phoenix performance bond?The premium runs 1% of the bond amount — the contract value or amount of work the City named — with a $100 minimum, so the premium scales with the job. Your exact price appears at the application.
Do I pay the contract amount?No. You pay the premium, which starts at $100. The bond amount is the surety's maximum liability to the City if you fail to complete the work — not a deposit, and nobody holds the contract value.
Is there a credit check?No credit check up to $100,000. Above that, the carrier may run a soft pull, which never affects your score. For the standard performance bond, and most applications approve instantly. Larger contract amounts may get a quick underwriter review.
What does the bond guarantee?That you complete the City of Phoenix contract or permitted work to specification. If you default, the City can call on the surety to finish or pay the cost of completion — and if the surety pays, you repay the surety.
Where do I file it?With the City of Phoenix, alongside your contract or permit. We issue the executed performance bond ready to submit.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

Phoenix performance bond, issued fast.

Premiums from $100 — your exact price appears at the application. Enter your contract amount and we issue the bond.

Your premiumfrom $100
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