What is a ADOT Bid Bond?
An Arizona Department of Transportation (ADOT) bid bond is a type of surety bond required for contractors bidding on public construction projects in Arizona. This bond ensures that the bidding contractor is financially capable and committed to entering into the contract at the bid price if awarded the project. It protects ADOT by providing a financial guarantee that the contractor will fulfill their bid obligations, and if the contractor fails to honor their bid, the bond compensates ADOT for the cost difference between the defaulting contractor’s bid and the next lowest bid.
How to get a ADOT Bid Bond in 3 easy steps with Southwest Bond Services
Request a Quote
Fill out our online form or give us a call to request a free quote. Our team will promptly assess your requirements and provide you with a competitive quote tailored to your specific circumstances, ensuring clarity and transparency throughout the process.
Provide Required Information
Provide the necessary information requested by our team. Whether it's details about your project, business, or personal information, rest assured that your data will be handled securely and confidentially to facilitate a smooth experience.
Pay & Sign
Complete the process by making your payment for the bond premium and signing the required documents. Our team will guide you through the each step of the process to ensure accuracy and compliance with all legal and contractual requirements.
