Construction Surety Bonds in Texas
Quantum Surety provides bid bonds, performance bonds, and payment bonds for Texas construction contractors on public and private projects. AI-assisted underwriting delivers same-day approvals for qualified contractors.
Types of Construction Bonds
- Bid Bonds — Required on most Texas public construction bids. Guarantees you will honor your bid price and sign the contract if selected. Typically issued at no cost when issued alongside a performance/payment bond.
- Performance Bonds — Required on Texas public contracts over $25,000 (Government Code § 2253) and federal contracts over $150,000 (Miller Act). Guarantees project completion per contract terms.
- Payment Bonds — Required alongside performance bonds on public projects. Protects subcontractors and material suppliers from non-payment.
Texas Construction Bond Requirements
Texas Government Code § 2253 requires both performance and payment bonds on public construction contracts valued over $25,000. Many cities and counties have additional requirements. Private owners may also require bonds on large projects.
Construction Bond Costs in Texas
Premiums typically range from 0.5%–3% of the bond amount per year. Strong contractors with established financials and good credit qualify for the lowest rates. First-time applicants or contractors with credit issues may pay higher premiums. Get an instant quote to see your rate.
How to Get a Construction Bond
- Request a quote — answer a few questions about your project and company
- Submit your financial statements and project details
- Receive AI-assisted underwriting review (24–48 hours for most bonds)
- Sign and receive your bond documents via email