Start Winning More Projects in Raleigh, North Carolina—Understand Performance Bonds Today

From our perspective, contractors in Raleigh, North Carolina are working hard to win projects and deliver exceptional results. Yet, there’s one requirement that often stands in the way: performance bonds in construction contracts. These bonds aren’t just paperwork—they’re a critical tool for winning public jobs, protecting project owners, and demonstrating your credibility as a builder.

Whether you’re bidding on a City of Raleigh infrastructure upgrade or handling a commercial buildout near North Hills, a performance bond is likely required. Understanding how to secure one quickly and correctly can be the difference between winning the job—or losing it.

Avoid Common Pitfalls in Raleigh, North Carolina—Why Performance Bonds Confuse Even Experienced Builders

We’ve noticed that even experienced professionals in Raleigh, North Carolina stumble when it comes to performance bonds. Much of the confusion comes from misinterpreting what these bonds actually are and when they’re needed.

Raleigh, North Carolina – What a Performance Bond Really Means

A performance bond is not traditional insurance. It’s a three-party agreement between:

In essence, performance bonds in construction contracts guarantee that the contractor will fulfill all terms of the agreement. If you fail to perform, the surety steps in to cover the cost of completion.

Raleigh, North Carolina – Common Contractor Misconceptions

Many Raleigh-area contractors mistakenly believe:

• Bonds can be submitted after a job is awarded (they cannot)

• All bonding companies are the same (they aren’t)

• The paperwork is quick and optional (it’s not)

Waiting until the last minute often leads to disqualification from public bids or delays in private contract negotiations.

Get Ahead in Raleigh, North Carolina—Partner with A Guide Who Gets Performance Bonds Right

Based on our experience, contractors in Raleigh, North Carolina thrive when they have a bond partner that understands both the law and local project timelines. Swiftbonds is that guide.

Swiftbonds helps contractors secure performance bonds in construction contracts with confidence. Whether your project is under Wake County jurisdiction, state-funded, or municipally managed, our experts streamline the entire bonding process.

Why Raleigh, North Carolina Contractors Choose Swiftbonds

We walk you through each step, making sure you’re compliant, timely, and ready to bid with confidence.

Follow These Steps in Raleigh, North Carolina To Secure Your Performance Bond Quickly

What we’ve discovered is that contractors in Raleigh, North Carolina who follow a clear process avoid last-minute issues and stay competitive.

Step 1 – Raleigh, North Carolina: Confirm Contract Requirements

Always review the RFP or contract documents for:

• Bond type and amount (typically 100% of contract value)

• Surety carrier qualifications (must often be A-rated)

• Digital or physical submission preferences

Step 2 – Raleigh, North Carolina: Contact Swiftbonds Early

Don’t wait until the bid deadline. Contact Swiftbonds early so we can:

• Pre-review your financials

• Prepare forms specific to your project

• Reserve bonding capacity

Step 3 – Raleigh, North Carolina: Submit Required Documentation

Prepare the following:

• Business financial statements (2–3 years)

• Personal financials for all owners

• Contract or project specs

• Completed bond application

Step 4 – Raleigh, North Carolina: Underwriting and Approval

We’ll evaluate:

• Credit and financial strength

• Project size and complexity

• Past bonding experience

If approved, Swiftbonds issues the performance bond tailored to the requirements of your specific project.

Step 5 – Raleigh, North Carolina: Receive and File Your Bond

Once approved, we deliver the bond electronically or via physical copy based on your obligee’s preference—whether that’s the City of Raleigh, a private developer, or a state agency.

Don’t Miss Out in Raleigh, North Carolina—Delays Can Cost You the Job

We’ve found that delays in bonding lead to missed opportunities, particularly in Raleigh, North Carolina, where public agencies and private owners expect complete compliance by strict deadlines.

In our observation, acting early is the key to smoother approvals and winning more contracts in Raleigh’s fast-moving construction environment.

See our Performance Bonds in Charlotte, North Carolina page

Discover What Success Looks Like in Raleigh, North Carolina—Work with Swiftbonds

We’ve learned that Raleigh, North Carolina contractors who work with Swiftbonds are more likely to meet deadlines, win bids, and avoid compliance setbacks.

Here’s what success looks like:

• You submit a complete bid package—bond included—on time

• Your client sees you’re credible, capable, and backed by a surety

• You reduce paperwork stress and stay focused on jobsite execution

With Swiftbonds handling your performance bonds in construction contracts, you free up your time and energy to focus on what matters most—building.

Know The Law in Raleigh, North Carolina—Compliance with State Bonding Rules

Contractors in Raleigh must follow North Carolina General Statute § 44A-26, commonly known as the North Carolina Little Miller Act. This law requires:

These rules apply to any project funded by the City of Raleigh, Wake County, or state-level agencies. For official information, refer to the North Carolina General Assembly and NC Department of Administration.

Swiftbonds ensures every bond we issue for Raleigh clients meets these statutory standards—so you stay compliant from day one.

Government Resources for Bonding Compliance in Raleigh, NC

• City of Raleigh – Infrastructure Surety
  https://raleighnc.gov/permits/services/infrastructure-surety

• City of Raleigh – Contractor Bond for Work in Public Streets
  https://cityofraleigh0drupal.blob.core.usgovcloudapi.net/drupal-prod/COR15/ContractorBond.pdf

• North Carolina General Statute § 44A-26
  https://www.ncleg.net/enactedlegislation/statutes/html/bysection/chapter_44a/gs_44a-26.html

Frequently Asked Questions About Performance Bonds In Raleigh, North Carolina

What types of projects in Raleigh, North Carolina require performance bonds?

We’ve often noticed that all public projects over $300,000—such as roads, schools, or government buildings—require performance bonds in construction contracts. Many private developers also request them for added assurance.

Can new Raleigh, North Carolina businesses qualify for performance bonds?

We’ve often noticed that even startups can qualify if the owners have solid personal credit or provide collateral. Swiftbonds specializes in helping new Raleigh contractors gain bond approval.

Do Raleigh, North Carolina agencies accept digital bonds?

We’ve often noticed that the City of Raleigh and other North Carolina entities now accept digitally signed bonds, provided they meet security and verification standards.

What if my bond gets rejected by the City of Raleigh?

We’ve often noticed that rejections typically result from missing forms or incorrect bond language. Swiftbonds reviews every submission to ensure your bond is compliant before you send it.

Are performance bonds in Raleigh the same as payment bonds?

We’ve often noticed confusion here. Performance bonds guarantee the job gets done. Payment bonds guarantee subcontractors and suppliers get paid. Both are often required in public Raleigh, North Carolina contracts.

Conclusion—The Raleigh, North Carolina Advantage Starts with Swiftbonds

We’ve come to appreciate that Raleigh, North Carolina contractors want to build—not get stuck in paperwork. Performance bonds in construction contracts shouldn’t be a barrier—they should be a tool that helps you secure more work, demonstrate reliability, and meet every project requirement with confidence.

Swiftbonds brings local knowledge, rapid approvals, and unmatched support to contractors across Raleigh. If you’re preparing a bid, submitting a proposal, or starting a new contract, don’t wait. Reach out today, and let’s get your performance bond issued—so you can focus on building Raleigh’s future.

See our Performance Bonds in Greensboro, North Carolina page

Testimonials from Raleigh, North Carolina Clients

David M. – Raleigh, NC
“Securing a performance bond for our municipal project in Raleigh was seamless with Swiftbonds. Their expertise ensured we met all local requirements promptly.”

Sarah L. – Raleigh, NC
“Navigating Raleigh’s bonding regulations seemed daunting, but Swiftbonds made the process straightforward and efficient. Highly recommend their services.”