Discover How Performance Bonds Empower Contractors in Minot, North Dakota

From our perspective, contractors across Minot, North Dakota want to build strong reputations and grow their business. But securing projects—especially public ones—often means meeting strict requirements. One of the most common is the Performance Bond, which serves as a financial guarantee that a project will be completed to standard.in Minot, North Dakota, want to build strong reputations and grow their businesses

Whether you’re bidding for a City of Minot utility expansion or a school renovation, the need for bonding is likely. Understanding when are performance and payment bonds required is key to winning work and protecting your operations. When combined with bid bonds, performance bonds offer project owners assurance that both the bidding process and the project’s completion are backed by financial accountability.

Stop The Confusion: Minot, North Dakota Contractors Deserve Clarity On Bonds

We’ve noticed that contractors in Minot, North Dakota often feel overwhelmed by bonding requirements. Many don’t realize the critical difference between Performance Bonds and Payment Bonds—or worse, assume their business doesn’t qualify.

Here’s a quick breakdown to help remove uncertainty:

Understanding when performance and payment bonds are required in Minot, North Dakota is the first step toward compliance and confidence. In most public construction scenarios, both bid bonds performance bonds are essential to move from bidding to contract execution smoothly.

Trust Swiftbonds As Your Bonding Partner In Minot, North Dakota

Based on our experience, Swiftbonds has earned the trust of contractors in Minot, North Dakota by providing a faster, smarter way to secure Performance Bonds. We understand the local regulations, municipal expectations, and how to navigate even the most time-sensitive bond requests.

Whether you’re bidding on city sidewalk projects or large private developments in Minot, Swiftbonds offers support at every stage. Our team is well-versed in both bid bonds performance bonds, ensuring your submission and project completion meet every legal and contractual benchmark.

Follow These Steps to Secure a Bond in Minot, North Dakota Today

What we’ve discovered is that many bonding challenges stem from simply not knowing where to start. Here’s a proven process to secure a Performance Bond in Minot, North Dakota:

Review Local Requirements

• • Visit the City of Minot Public Works or check bid documentation

  • Confirm whether a Performance Bond or a Payment Bond is required

Collect Project and Business Details

• • Contract value

  • Company financials

  • Project scope and schedule

Apply Online With Swiftbonds

• • Fill out a short application

  • Upload supporting documents

Underwriting & Approval

• • Get fast results—many approvals in under 48 hours

  • Premiums based on credit, experience, and bond amount

Receive and Deliver Your Bond

• • Bond sent electronically or overnight

  • Submit with your bid or contract agreement

Contractors in Minot, North Dakota who act early avoid costly delays and bid rejections.

Don’t Wait: Minot, North Dakota Projects Move Fast—You Should Too

We’ve found that many contractors in Minot, North Dakota wait until the last minute to apply for a Performance Bond—only to find themselves scrambling. The 2025 Capital Improvement Plan includes nearly $30 million in city-funded construction. These projects often come with non-negotiable bonding deadlines.

If you’re asking, “When are performance and payment bonds required?”—the answer is often sooner than you think. Public projects often require submission of bid bonds performance bonds together to demonstrate full compliance with procurement terms.

See our Performance Bonds in Grand Forks, North Dakota page

Avoid These Costly Mistakes in Minot, North Dakota Construction Projects

In our observation, contractors in Minot, North Dakota who ignore bond requirements put more than their bids at risk:

• Late submissions that disqualify bids

• Lost deposits when contracts are revoked

• Missed revenue from public-sector work

• Damaged reputation among project owners

Being bonded tells clients you’re reliable, financially stable, and committed to delivering the work you promised.

Stay Compliant With North Dakota Laws In Minot, North Dakota

Contractors in Minot, North Dakota working on public projects must follow North Dakota Century Code § 48-01.2-10, which mandates:

• A Performance Bond for any public improvement exceeding $100,000

• A Payment Bond to protect suppliers and subcontractors

The City of Minot has established its own set of bonding requirements to ensure compliance and protect the city’s interests:​

• Excavation Contractor’s License: Contractors performing excavation within the public right-of-way must be licensed with the State of North Dakota and the City of Minot. An excavation license will only be approved to a contractor who has a minimum North Dakota State “Class D” license, is bonded, and has demonstrated to the Engineering Department the ability to perform work in a clean, proper, and timely manner. ​minotnd.gov

• Performance Bond: Contractors must provide the original copy of the company’s Performance Bond in the amount of $50,000. Performance bonds must state “in accordance with Section 100” of the city’s regulations. ​minotnd.gov

These rules apply to city, county, and state-funded contracts. Local ordinances from the City of Minot may expand on these requirements depending on project size and scope.

Visit the North Dakota Legislative Branch or City of Minot Engineering Department for up-to-date bonding requirements and bid guidelines.

Frequently Asked Questions About Bonds in Minot, North Dakota

What types of work require bonding in Minot, North Dakota?

We’ve often noticed that most public works—such as sewer upgrades, new school buildings, and city street reconstructions—require both Performance and Payment Bonds.

Can a contractor in Minot, North Dakota get bonded with poor credit?

We’ve often noticed that yes, Swiftbonds offers bonding options for contractors with credit challenges by working with specialty underwriters.

What’s the difference between Performance and Payment Bonds in Minot, North Dakota?

We’ve often noticed that Performance Bonds protect project completion, while Payment Bonds ensure all vendors and laborers are paid—both are typically required by law.

Do I need a Performance Bond for private projects in Minot, North Dakota?

We’ve often noticed that many private owners now request bonds, especially on large commercial or multifamily projects, as a safeguard against default.

How long does it take to get bonded in Minot, North Dakota?

We’ve often noticed that most approvals take 24 to 48 hours when you apply through Swiftbonds with all necessary documentation.

Let’s Help You Succeed with Bonds in Minot, North Dakota

We’ve come to appreciate that getting a Performance Bond in Minot, North Dakota doesn’t have to be complicated or intimidating. It’s a powerful tool that helps responsible contractors grow, qualify for bigger jobs, and build long-term trust.

Swiftbonds is ready to guide you through every step, with expert insights and bonds that meet every legal requirement. Take the next step with confidence—and let’s make your next project in Minot a success.

See our Performance Bonds in Columbus, Ohio page

Hear From Real Contractors in Minot, North Dakota Who Use Swiftbonds

We’ve learned that working with Swiftbonds changes the game for contractors in Minot, North Dakota. Don’t just take our word for it—here’s what local professionals have shared:

“I was nervous about the credit check, but Swiftbonds helped me get approved in one day. I’ve since landed three new city contracts.” – K. Larson, Excavation Contractor

“They understood Minot’s bidding process better than my own staff. I won the job and had my bond in hand in 36 hours.” – M. Owens, Builder

With personalized service, fast turnarounds, and bonds that meet local legal standards, Swiftbonds has your back.