A general services or purchasing office does not hand over a signed public contract until the performance bond is in its file — the bond that guarantees you will finish the work on the terms you bid. Premiums cost 2% of the bond amount, with a $100 minimum, and the penal sum is the figure your contract or bid documents name. The application includes a credit consent, but it authorizes a soft credit pull only — a soft inquiry that never affects your score.
















The contract is already sitting unsigned in a purchasing officer’s queue waiting on this one document. Here is the whole thing:
Your company details, years in business, the penal sum the contract names, and the effective date. That is the application — no bid tabs to upload, no broker call.
The premium is calculated from the amount you entered and the bond issues at checkout. The credit consent on the form authorizes a soft inquiry only, which never touches your score.
Your executed bond and power of attorney arrive by email, ready to go back to the office that issued the contract along with your signed copies and certificates of insurance. Wet-ink original mailed on request.
A performance bond is a three-party promise: you are the principal, the surety carrier stands behind you, and the obligee is the public body that awarded the contract — the general services, facilities, or purchasing office named on the award, not the State of Kansas in the abstract. If you walk off, default, or fail to complete on the contract terms, the obligee can call on the surety to finish the job or pay the cost of finishing it, up to the penal sum.
On a State of Kansas building project the sequence is written down. The Department of Administration’s Building Design and Construction Manual has Procurement and Contracts issue unsigned contracts to the contractor, the owner agency, and the Office of Facilities and Property Management (OFPM). Under §10.1.1 the contractor returns those signed contracts together with proof of workers’ compensation, general liability and automobile liability, builder’s risk, a performance bond (Specification Document G), a public works bond (Specification Document H) in an amount equal to the contract price, and the county bond receipt. Only once OFPM has copies of the signed contracts does it write the Notice to Proceed — so the bond is literally what starts contract time.
It is not insurance for you. If the surety pays a claim it looks to you for reimbursement, which is why underwriting cares about years in business and completed work. Keep the bond in force for the whole contract term — including any extension — and give us the new expiry when the contract is amended, so nothing lapses while the retainage is still open.
These are the actual issuing fields. The credit consent authorizes a soft inquiry only — it never affects your score.
Start the application →Enter the penal sum your award names, see the exact price, and email the executed bond back to the purchasing office today. Free until issued.