What is a general contractor's bond?

A general contractor's bond is designed to ensure compliance with relevant regulations and laws pertaining to construction projects. This type of bond serves as a guarantee that the contractor will adhere to local building codes, safety standards, and other legal requirements throughout the duration of the construction work. By having this bond in place, clients and project owners can have peace of mind knowing that the contractor is obligated to fulfill their responsibilities in accordance with the laws governing the industry. This protection spans various project types—not just residential—and focuses on the contractor's adherence to regulations rather than the specifics of materials or protections limited to subcontractors.