Contract Surety

Types of Bonds:
Trisura provides Contract Surety bonds to construction companies and manufacturers which guarantee their contractual obligations. Our focus is small to mid-size Canadian surety risks that operate primarily in Canada.

Trisura's products include:

  • Performance Bonds - a contractual guarantee that a contractor will complete the scope of their contract in accordance with its terms and conditions.
  • Labour and Materials Payment Bond - a guarantee that the subcontractors and suppliers of a contractor will be paid in accordance with the terms and conditions of their respective contracts.
  • Bid Bond - a guarantee that a contractor submitting a bid will enter into the contract, if awarded, for the price bid.
  • Agreement to Bond - an agreement by the surety, provided at the time of bid, that the surety will furnish on behalf of a contractor, a Performance Bond and a Labour and Material Payment Bond as required.

Class of Business

Our focus will on the following class of business:

  • General Contractors
  • Road Contractors (paving, grading)
  • Sewer and Watermain Contractors
  • Subcontractors
  • Manufacturers
  • Developers

Trisura issues its first Contract Surety bond with Hargraft Schofield LP
to Gazzola Paving

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