Contract Surety Bonds

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If your surety needs are complex, Foster Park has the expertise and relationships with all of the major surety companies in Canada to secure the support your company requires. Our surety professionals understand that a strong surety program can be the competitive edge a contractor needs in order to achieve their financial goals.

We pride ourselves on our relationships with the various surety companies while having a good understanding of their respective appetites. We believe in matching contractors with a suitable surety company in order to develop a strong surety program to support our client’s strategies.

Foster Park offers the following surety products:

  • Bid Bonds, Consents of Surety & Pre-qualification Letters
  • Performance & Labour & Material Payment Bonds
  • Lien Bonds and Release of Hold Back Bonds
  • Developer Bonds
  • Other Specialty Surety Bonds

E-Bonding

As you may be aware, certain Owners have moved to electronic bidding utilizing online tendering. Foster Park has established its place as a leading broker in the e-bonding process. Foster Park is registered with both the major e-bidding platforms to ensure that our clients are able to choose the platform that best works for them and their business.

To learn more about the e-bonding process and how you can prepare yourself for this inevitable industry shift, please contact surety@fosterpark.ca. One of our knowledgeable surety brokers will respond within the next business day.