Win Projects Confidently with Performance Bonds in Winston-Salem, North Carolina

From our perspective, subcontractors and project managers across Winston-Salem, North Carolina want to keep jobs on schedule, get paid fairly, and meet client expectations without legal confusion. But when a public construction job enters the picture, one document can make or break your success—the Performance Bond.

Whether you’re overseeing a large school renovation or managing HVAC installation for a new city facility, understanding how bonding works in Winston-Salem protects your team and your pay. When done right, it’s a seamless part of your workflow. When ignored, it could delay payments, expose you to risk, or force you into costly legal steps.

Don’t Let Performance Bond Confusion Derail Your Project in Winston-Salem, North Carolina

We’ve noticed that confusion around Performance Bonds is especially common among project managers and subcontractors who don’t typically handle contract execution. Misconceptions about who is protected, what the bond covers, and how it’s enforced often lead to financial surprises.

Common Myth: “Only the general contractor needs to care about the bond.”
Winston-Salem Reality: Payment bonds protect subcontractors and suppliers—your paycheck depends on it.

Common Myth: “Bonds only matter if the job isn’t finished.”
Winston-Salem Reality: Performance Bonds also guarantee timely payment and proper work—not just completion.

Common Myth: “If I’m not listed on the bond, I’m not covered.”
Winston-Salem Reality: Many payment bonds cover all laborers, even if unnamed, depending on state bonding rules.

Clarifying the bond terms before work begins gives subcontractors in Winston-Salem critical leverage if things go wrong.

Get Expert Support on Performance Bonds in Winston-Salem, North Carolina From Swiftbonds

Based on our experience, Swiftbonds provides more than just bond documents—we offer insight that saves time, money, and legal disputes for professionals working on Winston-Salem jobs. Whether you’re managing concrete crews, HVAC subs, or finish trades, knowing how bonds work is essential.

Subcontractors and project managers trust Swiftbonds because we:

• Confirm bond status before you begin work

• Explain payment protections in easy terms

• Assist with filing claims if payment is delayed

• Provide access to licensed surety companies recognized by North Carolina law

Instead of chasing answers mid-project, you’ll already be prepared.

Follow These Bonding Steps to Protect Your Work in Winston-Salem, North Carolina

What we’ve discovered is that subcontractors and field supervisors benefit most from clear, actionable steps. Here’s how to verify and use bond protections on public jobs in Winston-Salem:

Step 1: Ask for the Bond Up Front

Request the Performance and Payment Bond during preconstruction or before signing your subcontract. Confirm the contract number, surety name, and bond value.

Step 2: Verify Bond Coverage

Ensure the bond meets North Carolina legal standards. It must cover 100% of the contract value, be issued by a licensed North Carolina surety, and include payment bond protection for subcontractors. You can verify licensing through the North Carolina Department of Insurance at https://www.ncdoi.gov.

Step 3: Keep Detailed Documentation

Protect yourself in case of non-payment by keeping daily logs, signed change orders, invoices, payment applications, and all jobsite correspondence.

Step 4: Know When To File A Claim

If payment is withheld or the GC defaults, submit a written claim to the surety. Swiftbonds can assist with understanding the process and preparing your documentation.

Take Action Early—Don’t Wait for Issues to Arise in Winston-Salem, North Carolina

We’ve found that subcontractors in Winston-Salem who wait until there’s a payment delay learning about bonding often face steeper losses. On large public projects—like Winston-Salem city infrastructure upgrades or school additions—timelines are strict and pay chains can get long.

When the general contractor defaults or delays payments, you may be the one left chasing money, unless you’ve prepared in advance. Filing a payment bond claim is a legal process, and missing key documentation or deadlines can jeopardize your claim.

Act early. Confirm coverage. Protect your labor and your materials.

See our Performance Bonds in Durham North Carolina page

Discover The Advantages of Partnering with Swiftbonds in Winston-Salem, North Carolina

We’ve learned that Winston-Salem construction professionals succeed more often when they work with a bond partner who speaks their language. Swiftbonds doesn’t just support prime contractors—we help every level of the jobsite team understand how the bond impacts them.

With Swiftbonds, you gain:

• Access to bonds backed by A-rated sureties

• Support in reading and understanding bond language

• Fast help if a claim becomes necessary

• A team that understands North Carolina law and Winston-Salem rules

Your project won’t wait—and neither should your protections.

Understand Your Project Protections: Performance Bonds, Warranties, and Insurance in Winston-Salem, North Carolina

From our perspective, project managers and subcontractors working in Winston-Salem public construction often ask: what exactly protects me on the job? The answer involves more than just a single bond or policy.

In truth, performance bonds warranties and insurance are examples of project risk management tools that protect different aspects of a construction contract.

Here’s how they work together on Winston-Salem projects:

• Performance Bond: Guarantees the contractor will complete the project in accordance with contract terms

• Payment Bond: Ensures subcontractors and suppliers will be paid

• Warranty (Labor/Materials): Protects against defects after completion

• General Liability Insurance: Covers injuries and property damage on-site

Understanding the role of each tool is key when working on Winston-Salem’s public infrastructure or municipal contracts. The performance bond ensures project completion, the payment bond ensures compensation, warranties offer post-completion coverage, and insurance addresses liability risks during the job.

These protections are often required by law or contract and can be found in city bid packets or public contract solicitations. For official information, refer to the following sources:

• North Carolina General Assembly: https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_44A/GS_44A-26.html

• City of Winston-Salem Purchasing Division: https://www.cityofws.org/

• NC Department of Insurance: https://www.ncdoi.gov

Know The Law: Bond Requirements for Public Work in Winston-Salem, North Carolina

Understanding bonding rules is non-negotiable on public jobs in North Carolina. And if you’re working on a City of Winston-Salem project, you must be sure the bond complies with local law.

According to North Carolina General Statute § 44A-26:

• State agencies and the UNC System require performance and payment bonds for projects over $500,000.

• Municipalities, including Winston-Salem, require bonds for projects over $300,000.

• Any contractor or CM-at-Risk with a contract exceeding $50,000 must post both a performance and payment bond.

Each bond must equal 100% of the contract value and must be issued by a surety authorized to do business in North Carolina.

The City of Winston-Salem also enforces its own bonding rules under G.S. 143-129. This includes:

• Bid Bonds: Often required during bid submission

• Performance Bonds: Required upon contract award

• Insurance Proof: Contractors must submit documentation that meets the city’s General Insurance Requirements

For complete details on the city’s process, visit the Purchasing Office site at https://www.cityofws.org/

Frequently Asked Questions About Performance Bonds in Winston-Salem, North Carolina

Do subcontractors have the right to file a claim under the bond in Winston-Salem, NC?

We’ve often noticed that subcontractors think only the GC is protected. In fact, the payment bond is designed to protect you. If you’re unpaid on a public project, you may file a claim with the surety.

How do I know if the bond is legitimate for a Winston-Salem project?

We’ve often noticed confusion on this. You can ask the GC for a copy of the bond, then verify the surety through the NC Department of Insurance at https://www.ncdoi.gov.

If the GC defaults, will my subcontract automatically be paid?

We’ve often noticed false confidence here. You’ll need to file a claim under the payment bond to receive compensation. That’s why records and documentation matter.

Can I see the bond if I’m not listed on it?

We’ve often noticed this worry. Yes—on public jobs, you are entitled to see the bond. Don’t hesitate to request it before work begins.

What if the surety denies my claim in Winston-Salem?

We’ve often noticed this frustrates subs. If denied, you may have the right to appeal or pursue legal recovery. Swiftbonds can help you understand your options.

Let Swiftbonds Help You Stay Protected In Winston-Salem, North Carolina

We’ve come to appreciate that subcontractors and project managers in Winston-Salem face real pressure to perform—but that doesn’t mean you should do it unprotected. Performance and payment bonds are part of your safety net. When something goes wrong, the bond could be the only thing standing between you and lost revenue.

Swiftbonds helps you clarify where you stand, what the bond covers, and how to use it. From job kickoff to closeout, you deserve to be informed and supported.

Ready to secure your next project? Swiftbonds is here to help you move forward with confidence.

See our Performance Bonds in Fayetteville, North Carolina page

Testimonials from Winston-Salem, North Carolina Clients

Michael S. – Winston-Salem, NC
“Securing a performance bond for our municipal project in Winston-Salem was seamless with Swiftbonds. Their expertise ensured we met all local requirements promptly.”​

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