Keep Contractor Surety Bonds Renewed Before Every Expiry
Contractors need current surety bonds to bid and work, and a lapsed bond kills eligibility. Track every client's bond expiry and drive renewals through the underwriting pipeline early.
- 1
Register the Bonds
Log each bond's amount, obligee and expiry.
- 2
Start Renewals Early
Add a
Schedule Triggerbeginning the renewal 60 days out. - 3
Collect Underwriting Docs
Request updated financials the underwriter will need.
- 4
Confirm the New Bond
Track issuance and update the expiry cycle.
- 5
Activate and Test
Activate the workflow with a test bond. Confirm the pipeline starts early.
Frequently asked questions
Why 60 days?
Underwriting takes time, especially if financials changed — early starts prevent bid-day lapses.
What's the client impact?
A lapsed bond means lost bids and stalled projects — proactive renewal is a real retention driver.
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