Texas Bid Bonds — Same-Day Issuance
Quantum Surety issues bid bonds same-day for qualified Texas contractors. A bid bond guarantees that you will enter a contract at your bid price if you are the selected bidder. Required on most Texas public construction projects.
What is a Bid Bond?
A bid bond is a type of surety bond submitted with a construction bid. It guarantees the project owner that the bidding contractor will: (1) honor the bid price if selected, and (2) provide the required performance and payment bonds upon contract award. If the contractor fails to do either, the surety pays the difference up to the bond penalty.
Texas Bid Bond Requirements
Bid bonds are required on most Texas public construction projects. Texas Government Code § 2253 governs public contract bonds. Many cities, counties, and school districts require bid bonds as part of their solicitation process. Private owners may also require them on larger commercial projects.
Texas Bid Bond Cost
Most bid bonds are issued at no charge when issued alongside a performance and payment bond program. Standalone bid bonds typically cost $100–$250 depending on the bid amount and contractor qualifications. Get an exact quote in minutes.
How to Get a Texas Bid Bond
- Submit your project details and bid amount
- Provide basic company and financial information
- Receive AI-assisted approval — most same-day for qualified contractors
- Receive your bid bond via email in PDF format