Poulsbo performance bonds.
From $100.
The City of Poulsbo requires a performance and maintenance bond to guarantee development and public-improvement work — that you build it to City standards and maintain it through the warranty period. The City sets the amount; pricing starts from $100, and the application includes a quick soft credit check that never affects your score.
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How much does a Poulsbo performance bond cost?
2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps to filed.
Performance and maintenance bonds run a quick soft credit check — here is the whole process, no broker phone tag:
Apply online
Your business details, the bond amount Poulsbo required, and the effective date. The only extra step is a one-time consent to a soft credit check.
Approved
Most are approved as soon as you apply. The credit check is a soft pull only — never a hard inquiry, and it never affects your score. If it needs a second look, one to two business days at most.
E-sign & file with the City of Poulsbo
Pay online and receive the executed bond ready to file with your project. Wet-ink originals mailed whenever the City insists.
What it is and who needs it.
What the performance & maintenance bond covers
When a developer or contractor builds public improvements — roads, utilities, drainage — for the City of Poulsbo, the City requires a performance bond that the work is completed to City standards and a maintenance bond that it holds up through the warranty period after acceptance.
It is a three-party arrangement: you (the principal), the surety carrier, and the City of Poulsbo (the obligee). If the improvements are not completed, or fail during the maintenance / warranty period, the City can recover its cost against the bond.
It is not insurance for you. If the surety pays the City, you repay the surety — which is why this bond runs one soft credit pull to inform approval. Pricing is 2% of the bond amount, $100 minimum, regardless of the check outcome. We issue the amount Poulsbo set.
You need this bond if you are
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 carrier issues this bond for a single two-year term; the term cannot be changed at checkout.
Renewal falls on the statutory date, October 8, in the year your term ends.
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
E-sign & file with the City of Poulsbo. Pay online and receive the executed bond ready to file with your project. Wet-ink originals mailed whenever the City insists.
What sets the price
The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other Washington bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Poulsbo performance bond, soon.
Pricing from $100, soft pull only. Enter the amount the City required.