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Determining project bond rates

If you have read the tutorial and written the Quiz (see menu) and achieved a score in excess of 80% or are a member of the following associations you are entitled to discounted rates but all others should use the rate calculator at the bottom of this page

Instead of charging large annual fees we charge a modest annual fee of $700 or $1100/year if you qualify for and choose the facility with single job size limits exceeding $750,000.

In addition you would pay $150 for prequalification letters and $250 for tender bonds (bid bonds and/or agreements to bond).

If you are awarded a contract please use the calculator below to compute the costs of the required bonds so you can build that cost into your tender price.

Standard Rate Bond Premium Calculator
Note: Other than decimal points, do not enter any other non-numeric characters (commas, dollar signs, etc.) in the entry boxes. Doing so will cause a JavaScript error.
Contract Price including tax:
Performance Bond Percentage
Labour and Material Payment Bond Percentage
Did the spec include specific bond forms?
Number of Maintenance years
Annual Premium in Canadian Funds