Maintenance Bond

A Maintenance Bond provides security to the project Owner (Obligee) that the Contractor (Principal) will maintain and repair the project according to the terms of the contract for a specific period of time after its completion.

Lien Bond / Release Of Lien Bond

A lien bond provides security to a court (obligee) that a contractor (principal) will honour claims made by its suppliers and sub-contractors for payments owing to them for work done on a project in the event the court determines that such claims are valid.