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A Subdivision Bond is also referred to as a Developer Bond, Site Improvement Bond, Land Improvement Bond, Completion Bond, Plat Bond, or Performance Bond. Subdivision Bonds are surety bonds that guarantee a state, city, or county that the principal will complete all public improvements required.


Subdivision bonds protect the obligee requiring the bond by transferring the risk of a developer’s failure to complete the improvements required. The surety company provides the municipality a guarantee (the surety bond) that they will receive payment for financial damages due to a violation of the subdivision agreement up to a limit specified in the bond.



A Subdivision Bond bond's cost will vary from less than 1% to over 5% of the full contract amount. The cost is very much dependent on the level of assurance the principal can provide. Factors that are considered include credit, financial statements, bond amount, and more. Every state has its own requirements. Please fill out our contact form to start the process and work with a surety bond specialist. 


​ Underwriting requirements by bond dollar amount

Subdivision bonds up to $250,000

  • Subdivision Application

  • Copy of obligees's bond form

  • Copy of the partnership or LLC agreement

  • Positive corporate/personal credit review for all owners

Subdivision bonds $250,001 - $500,00

All of the above, plus

  • Evidence of financing for the improvements

  • Copy of engineers estimate of cost for improvements

  • Corporate financials of special purpose entity

  • Financial statements of owners

  • Tax return of owners

Subdivision bonds over $500,000

All of the above, plus

  • Bank set aside letter, or evidence owner(s) has/have funds to support site improvement cost in excess of 2.5x engineer's estimate costs.

  • Copy of appraisal/ recent valuation of the property being developed

  • Copy of the construction contract with the contractor completing the improvements /copy of any performance and payment bonds.

Here are some key reasons why developers and contractors should work with us as their subdivision bonding agent:


Expertise in Obtaining Subdivision Bonds Our team of experts has years of experience in obtaining subdivision bonds from various government entities. We know the ins and outs of the process and can guide developers and contractors through the application process, helping them avoid costly mistakes and delays. Our relationships with surety companies enable us to secure the best possible terms and conditions for our clients.


As a bonding agent, we provide a layer of protection for developers and contractors as well. We ensure that the bond amount is reasonable and that the terms and conditions of the bond are fair and equitable.


Efficient and Streamlined Process Our team understands that time is money in the development industry. We work quickly and efficiently to get developers and contractors the bonds they need, so they can move forward with their projects.


Personalized Service and Support At our company, we pride ourselves on providing personalized service and support to every client. We take the time to understand the unique needs and challenges of each project and provide customized solutions. Our team is always available to answer questions and provide guidance throughout the entire bonding process.


In summary, our access to over 80 surety markets is a significant advantage for developers and contractors looking for a reliable and experienced subdivision bonding agent. Our ability to leverage these relationships can help ensure that your bonding journey is a success. Contact us today to learn more about how we can help you meet your subdivision bond needs.

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