BFL CANADA is your best resource when you need a surety bond in Canada to provide you with the bonds that allows you to get that contract that you want, better known as bonding insurance. At BFL CANADA, we have the answer to the question: “How to get bonded in Canada?”
Our years of expertise and strong relationships with bonding insurance companies and insurance bonds make it possible to access a vast array of contract obligations. If you have a unique contract that needs to be guaranteed, talk to us about how we can help with insurance bonds that will suit your unique situation.
Discover your coverage solutions
Whether you are an independent contractor, managing a large firm that subcontracts work, or a multinational manufacturer/supplier, BFL CANADA can provide you with a surety bond in Canada solution that meets your needs.
To find the right product, our team of highly experienced professionals have partnered with all major Canadian surety companies. These partnerships also enable us to provide insurance bonds in the United States and internationally.
BFL CANADA is also an active member of the Surety Association of Canada.
Provides financial assurance that the bid has been submitted in good faith and that the contractor intends to enter into the contract at the price bid and provide the required performance and labour and material payments bonds.
CONSENT OF SURETY/AGREEMENT TO BOND
Surety company’s sealed letter confirming they will issue the required final bonds in the event the principal is awarded the project
Allows you to obtain a pre-qualification letter confirming that the company qualifies as a potential bidder for a particular project or a particular owner.
This letter is not a proof of bond, but rather a pre-bond document issued by the surety to guarantee to the client that performance and payment bonds for labour and materials will be issued in the event a contract is signed.
LETTER OF INTENT
Guarantees to the client that performance and payment bonds for labour and materials will be issued upon the signature of the contract.
Protects the owner from financial loss should the contractor fail to perform their obligations in accordance with the terms and conditions of the contract.
LABOUR AND MATERIAL PAYMENT BOND
Guarantees that the contractor pays their subcontractors and suppliers for work they have done and material they have supplied (reduces the potential for liens against the property).
MAINTENANCE AND WARRANTY BONDS
These bonds can be required in order to protect the contractor or project manager once the structure or project is completed. Maintenance bonds are a form of guaranty that covers maintenance against potential default and faults for a specific time period.
LICENSE AND PERMIT BONDS
Some municipal, provincial and federal entities request licenses and permit bonds for specific industry/business operations depending on the risk for the public.
It is difficult to list all our products because we design many custom products.
Please refer to your region license and permits bonds.
Representatives available across Canada
The BFL CANADA advantage in a competitive market
BFL CANADA has achieved extraordinary growth because of our consistent ability to perform and deliver due to our expertise, professionalism and dedication, as well as our entrepreneurial culture. This culture and work ethic have driven our growth and attracted organizations with which we have established meaningful and mutually beneficial partnerships.
WHY DOING BUSINESS WITH BFL CANADA IS IN YOUR BEST INTEREST?
We are insurance and bond brokers, we don’t work for a bonding company. We work for you, we are part of your team!
- We negotiate on your behalf to get the highest bonding limits, and best rates and terms.
- We deal with all major bonding companies that specialize in your industry.
- We work with our clients to develop tailor-made solutions adapted to their reality.
- We have offices across Canada to meet your local needs and partners in over 140 countries for your global ambitions.
- We are solution seekers for companies of all sizes and every industry.
At BFL CANADA, we help our clients get peace of mind and achieve their goals. As your bond brokers, we canvas the surety market to find your best bonding solution.