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One of the Top Bonding Companies on Island
Moylan’s Insurance Offers a Wide Range of Bonds
Bid Bonds
Guarantees a contractor who submits a bid for a project will enter the contract and provide the required performance and payment bonds if awarded the job.
Performance Bonds
Guarantees a contractor will complete a project according to the terms and conditions of the contract.
Payment Bonds
Guarantees the contractor will pay subcontractors, laborers, and suppliers involved in a construction project.
Notary Bonds
Guarantees payment of damages and meeting of obligations in the event that the notary public fails to do so.
Wage Labor Bonds
Guarantees payment for the labor and materials used in the work which contractor is obligated by contract to perform.
Repatriation Bond
Guarantees a person (usually a foreign worker) will be returned to their home country if necessary, and that the costs of returning them will be paid.
Maintenance Bond
Guarantees a contractor will repair or correct defects in workmanship, materials, or construction after a project has been completed for a specified period.
Download and Fill-up the Application Form Below
SBA Surety Bond Guarantee Program
The U.S. Small Business Administration’s (SBA) Surety Bond Guarantee program supports small and emerging contractors who may lack the experience or financial strength required to obtain bonds through standard commercial channels. By guaranteeing bid, performance, and payment bonds, the SBA enables contractors to secure bonding even if they do not meet traditional minimum standards.
First Net Insurance Company is pleased to partner with the SBA as a “Prior Approval” surety. Through this partnership, we provide bonds of up to $1.8 million for federal, public, or private contracts and subcontracts.
Surety Bond Assistance Program (SBAP)
The Guam Economic Development Authority (GEDA), in partnership with Moylan’s Insurance Underwriters, Inc., is excited to announce the launch of the State Small Business Credit Initiative (SSBCI) Surety Bond Assistance Program (SBAP). Under this program, First Net Insurance Company will serve as the designated surety, with Moylan’s Insurance Underwriters, Inc. acting as its General Agent for all bond issuances.
The Surety Companies We Represent
*A.M. Best’s Financial Strength Ratings is an independent opinion based on a comprehensive quantitative and qualitative evaluation of a company’s balance sheet strength, operating performance, and business profile.
- AM Best Rating: A (Excellent)*
- Rated A- (Unsurpassed) by Demotech
- US Treasury-listed Surety Company
- Partner/Participant, US Small Business Administration Surety Bond Guarantee Program.
- Partner, Guam Economic Development Authority (GEDA), State Small Business Credit Initiatives (SSBCI), Surety Bond Assistance Program (SBAP)
- AM Best Rating: A (Excellent)*
- Rated A (Stable) by Standard & Poor
Send Forms Through Email or Fax
1.) If you are going to send form through email:
- Save the file after filling up the form.
- Create new email and attach the saved file.
- Send it to our email. Refer to the contact page for the email address.
2.) If you are going to send form through fax:
- Save the file after filling up the form.
- Print out the form after filling it up.
- Send it to our fax. Refer to the contact page for the fax no.
You may also send us the form through mail or simply drop by to any of our branch, and ask for assistance from our staff.
Phone
+671-475-7299
Fax
+671-447-1837
Write email
bonding@moylans.net
Visit Us
Julale Shopping Center 424 West O’Brien Drive, Suite 102 Hagåtña, Guam 96910
