Scheers Specializing in Bonds Since 1963
Home Builders and Developers
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General and Trade Contractors
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Environmental Companies
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Manufacturing Companies
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General and Trade Contractors  

 

As one of the nation’s largest providers of bonds, Scheer’s has developed and maintained strong relationships with most of the major sureties in the industry. Our goal is simple: to provide the contractor with competitive rates, high capacity and unbeatable service. Whether you’re a small, growing contractor or an established contractor, we can develop the right bond program for you.



Bid Bonds
A bid bond is provided as the basic instrument of prequalification. The
bid bond guarantees the contractor will enter into a contract and furnish
whatever additional bonds are required if the contractor’s bid is accepted.

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Contract Performance and Payment Bonds
Whether you are small and growing or an established contractor, Scheer’s can develop the right bond program for you. Scheer’s resources are
available and fully committed to assist you in reaching your financial goals.

Contact Scheer’s for a free proposal.

Bond Underwriting Information Required:
1. Completed Contractor Questionnaire
2. Three most recent year-ending financial statements
3. Current interim financial statement (if available)
4. Current Status of Outstanding Contracts schedule
5. Bank letter of reference
6. Personal Financial Statement of Owner(s)
7. Current aging of accounts receivable
8. Resumes of "key" personnel

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License and Permit Bond Booklet
The License and Permit Bond Booklet from Scheer's is a unique, convenient and cost effective bond product developed exclusively for contractors. This booklet of five bonds can be completed by the contractor when a bond is needed. These bonds meet the municipalities requirements for license and permit bonds.

The License and Permit Bond Booklet is available only from Scheer’s Incorporated.

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Miscellaneous Bonds
Miscellaneous bonds encompass a vast number of guarantee instruments including appeal, probate, mitigation and self-insured workers’
compensation bonds.

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601 Oakmont Lane, Suite 400 • Westmont, IL 60559 • Phone 630.468.5600 • Toll Free 888.236.9514 • Fax 630.468.5697