What a maintenance bond is
A maintenance bond, also called a warranty bond, guarantees your finished work is free of defects in materials and workmanship for a set period, often one or two years. Sometimes it's built into the performance bond; sometimes the owner wants it separately.
In Connecticut
Connecticut's Little Miller Act (Conn. Gen. Stat. § 49-41) requires a payment bond on public works contracts over $100,000, with a performance bond at the awarding officer's option. No statewide maintenance or warranty bond requirement was found; when used, the project owner or town sets it in the contract or approval.
You need this bond if you're
- A contractor finishing public works with a warranty period
- A site contractor handing improvements over to a city or county
- Paving, concrete, roofing and landscaping contractors
- A developer whose subdivision bond is being released
What the surety looks at
Your business, credit and the finished project. Often handled together with the performance bond.