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Contract bond

Minnesota Maintenance Bond

Minnesota's public works bond law, Minn. Stat. § 574.26, requires a performance bond and a payment bond of at least the contract price, but no maintenance bond. A maintenance or warranty bond is set by the contract or project owner.

Bond at a glance
Minnesota Maintenance BondContract bond
Set by the contract
Public works bondsMinn. Stat. § 574.26: performance and payment bonds only
Set byThe contract or project owner
Required byThe project owner
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 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 Minnesota

Minnesota's public works bond law, Minn. Stat. § 574.26, requires a performance bond and a payment bond of at least the contract price, but no maintenance bond. A maintenance or warranty bond is set by the contract or project owner.

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.

FAQs

Common questions.

Does Minnesota law require maintenance bonds?

Usually the contract or the local agency sets it, not a statewide law. The contract states the amount and how long it lasts.

How long does a maintenance bond last?

As long as the warranty period in the contract, commonly one or two years after the owner accepts the work.

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 Minnesota bonds.

See all 57 Minnesota bonds with prices →

Contract bond

Minnesota Performance & Payment Bond

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

Development bond

Minnesota Subdivision Bond

Cities and counties often require a developer to bond the public improvements in a new subdivision or site plan, like streets, sidewalks, storm drains, sewer and water lines, before they approve the final map or permits.

Contract bond

Minnesota Bid Bond

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

Sources

  1. Minn. Stat. § 574.26

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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