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Contract bond

Georgia Supply Bond

Georgia law requires payment and performance bonds on state construction contracts over $100,000, but not on supply contracts. Under the Georgia Procurement Manual, a state entity may require bonds on non-construction contracts, and the solicitation states the bond and amount.

Bond at a glance
Georgia Supply BondContract bond
Set by the contract
RuleGeorgia Procurement Manual § 4.5.8 (Requirements for Bonds or Letters of Credit)
Construction contractsPayment and performance bonds required by law over $100,000
Supply and other contractsBonds only if the solicitation requires them
Default bid bond5% of the supplier's response, unless the solicitation says otherwise
Default performance and payment bond100% of the contract price, unless the solicitation says otherwise
Required byThe state entity or buyer, through the solicitation
How it works

Three steps to your bond.

  1. 01Apply onceTell us about your business and what the bond is for. One application covers most contractor bonds.
  2. 02The surety reviews itPropeller Bonds, our surety partner, reviews your application and sets the terms. We show you the terms before you commit.
  3. 03Sign and fileSign the bond and file it with whoever requires it: the project owner, agency or court. We help with the filing.
About this bond

What a supply bond is

A supply bond guarantees a supplier will deliver materials or equipment as the contract says. Public agencies and project owners use them on large supply contracts.

In Georgia

Georgia law requires payment and performance bonds on state construction contracts over $100,000, but not on supply contracts. Under the Georgia Procurement Manual, a state entity may require bonds on non-construction contracts, and the solicitation states the bond and amount.

  • Bid bonds are generally required for construction contracts but only occasionally for non-construction contracts.

You need this bond if you're

  • A material supplier on a public contract
  • An equipment vendor or manufacturer
  • A distributor supplying a large private project

What the surety looks at

Your business, credit and the supply contract. Large contracts can need financial statements.

FAQs

Common questions.

Does Georgia law require supply bonds?

Usually the contract or the buying agency sets it, not a statewide law. The bid or contract documents state the amount.

What does it cost?

You pay a premium, not the bond amount. The surety sets the premium after it reviews your application, usually as a percentage of the bond amount. We show you the terms before you commit.

How do I get one through BLDAssure?

Apply once with us. We collect the details the surety needs, Propeller Bonds (our surety partner) reviews the application and issues the bond, and we help you file it with whoever requires it.

Related bonds

Other Georgia bonds.

See all 82 Georgia bonds with prices →

Contract bond

Georgia Bid Bond

A bid bond is a guarantee you submit with your bid.

Contract bond

Georgia Performance & Payment Bond

Performance and payment bonds usually come as a pair once you win a job.

Contract bond

Georgia Maintenance Bond

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.

Sources

  1. Georgia DOAS: Georgia Procurement Manual

General information, not legal advice. Rules change; confirm the current requirement with the agency or owner that asks for the bond. Facts checked Oct 23, 2026.

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