Square Tube

On unbonded remodel projects, it is not uncommon for high dollar vendors to ask for the protection of a bond. When this request is presented to surety underwriters, they quickly recognize that the purchase order that is the subject of the bond guarantee, not the remodel contract. This presents a very different situation from the normal one on remodel contracts.

Now let's go back to the vendor situation. We are assuming there is no P&P bond on the project. When the vendor demands the protection of a payment bond, it will be a guarantee of the purchase order not the remodel contract. It is purely a guarantee that the principal will pay the vendor. It is not a promise that incoming contract funds will be used appropriately to pay bills. Big difference!

The point is that in the vendor example, it is considered a financial guarantee - a promise that the principal will pay money when appropriate. The reason these obligations are harder for the surety may be obvious. If the customer is unable to pay the vendor because they're out of money, then only the surety remains to pay the bill. Solving the bond need of the vendor by issuing a financial guarantee bond on the purchase order is the hard way to solve this problem.

Steel Square Tube 1.5 X 1.5 X 48 Long X 18 Wall 0.125
Steel Square Tube 1.5 X 1.5 X 48 Long X 18 Wall 0.125
14.40
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2x 2x .250 Wall Steel Square Tube 12 Piece
2x 2x .250 Wall Steel Square Tube 12 Piece
8.00
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Steel Square Tube 2 X 2 X 48 Long X 14 Wall 0.250
Steel Square Tube 2 X 2 X 48 Long X 14 Wall 0.250
33.88
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6063 Aluminum Tube 1 Square 18 Walls 36 Long Hollow
6063 Aluminum Tube 1 Square 18 Walls 36 Long Hollow
25.99
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Steel Square Tube 1 X 1 X 48 Long X 18 Wall 0.125
Steel Square Tube 1 X 1 X 48 Long X 18 Wall 0.125
11.00
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6 X 6 X 38 Wall A500 Square Tube 12 Piece
6 X 6 X 38 Wall A500 Square Tube 12 Piece
36.49
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6063 Aluminum Tube 1 Square 18 Walls 12 Long Hollow
6063 Aluminum Tube 1 Square 18 Walls 12 Long Hollow
9.49
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Steel Square Tube 1 X 1 X 48 Long X 14ga Wall 0.08
Steel Square Tube 1 X 1 X 48 Long X 14ga Wall 0.08
7.75
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Steel Square Tube 2 X 2 X 36 Long X 14 Wall 0.250
Steel Square Tube 2 X 2 X 36 Long X 14 Wall 0.250
26.16
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Steel Square Tube 1 X 1 X 12 Long X 11 Gauge Wall Heavy Duty Weldable
Steel Square Tube 1 X 1 X 12 Long X 11 Gauge Wall Heavy Duty Weldable
11.99
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3 X 3 X 12-long X .120 Wall Steel Square Tube--3 Square Steel Tube
3 X 3 X 12-long X .120 Wall Steel Square Tube--3 Square Steel Tube
23.93
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2x 2x 14 Wall Aluminum Square Tube 12 Long 6061 T6 With Radius
2x 2x 14 Wall Aluminum Square Tube 12 Long 6061 T6 With Radius
17.99
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Steel Square Tube 2 X 2 X 18 Long X 14 Wall 0.250
Steel Square Tube 2 X 2 X 18 Long X 14 Wall 0.250
14.00
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Aluminum Square Tube 78 In X 72 In Long 116 Alloy 6063 Wall Tubing Stock New
Aluminum Square Tube 78 In X 72 In Long 116 Alloy 6063 Wall Tubing Stock New
22.29
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34 Square Aluminum Tube 18 Wall 36-38 Lengths
34 Square Aluminum Tube 18 Wall 36-38 Lengths
2.00
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3 X 3 X .250 X 10 Length Square Aluminum Tube 6063-t52
3 X 3 X .250 X 10 Length Square Aluminum Tube 6063-t52
19.89
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3 X 3 X .250 X 2 Length Square Aluminum Tube 6063-t52
3 X 3 X .250 X 2 Length Square Aluminum Tube 6063-t52
12.00
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2 X 12-long X 18 Wall 6063 T52 Aluminum Square Tube--2.0 X .125 Wall
2 X 12-long X 18 Wall 6063 T52 Aluminum Square Tube--2.0 X .125 Wall
12.75
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Steel Square Tube 1.5 X 1.5 X 12 Long X 18 Wall 0.125
Steel Square Tube 1.5 X 1.5 X 12 Long X 18 Wall 0.125
4.01
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1x 1 X 18.125 Wall 6061 T6 Aluminum Square Tube 72 Piece
1x 1 X 18.125 Wall 6061 T6 Aluminum Square Tube 72 Piece
14.75
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Steel Square Tube 2 X 2 X 48 Long X 18 Wall 0.125
Steel Square Tube 2 X 2 X 48 Long X 18 Wall 0.125
18.80
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1 Aluminum Square Tube 6063 T5 .065 Wall X 36
1 Aluminum Square Tube 6063 T5 .065 Wall X 36
5.00
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Steel Mechanical Square Tube 1-14 X 1-14 X 0.083 X 12 Feet 3 Pieces 48
Steel Mechanical Square Tube 1-14 X 1-14 X 0.083 X 12 Feet 3 Pieces 48
47.66
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1 X 1 X 18 Steel Square Tube 1pc 12 Inches Long .120 Wall
1 X 1 X 18 Steel Square Tube 1pc 12 Inches Long .120 Wall
13.99
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Steel Square Tube 3 X 3 X 12 Long X 316 Wall 0.188
Steel Square Tube 3 X 3 X 12 Long X 316 Wall 0.188
11.82
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Steel Square Tube 2.5 X 2.5 X 6 Long X 14 Wall 0.250
Steel Square Tube 2.5 X 2.5 X 6 Long X 14 Wall 0.250
5.25
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2 Aluminum Square Tube 6063 T5 .250 Wall X 48
2 Aluminum Square Tube 6063 T5 .250 Wall X 48
34.00
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6 X 6 X 14 Wall A500 Steel Square Tube 12 Piece
6 X 6 X 14 Wall A500 Steel Square Tube 12 Piece
25.85
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Steel Square Tube 3 X 3 X 12 Long X 14 Wall 0.250
Steel Square Tube 3 X 3 X 12 Long X 14 Wall 0.250
14.75
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Steel Square Tube 4 X 4 14ga Wall 0.075 24 Long Weld Welding Fabrication
Steel Square Tube 4 X 4 14ga Wall 0.075 24 Long Weld Welding Fabrication
9.10
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2in X 2in X 18in Wall 11 Gauge Steel Square Tube 48in Piece
2in X 2in X 18in Wall 11 Gauge Steel Square Tube 48in Piece
16.92
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Steel Mechanical Square Tube 1 X 1 X 0.083 X 12 Feet 3 Pcs 48 Long
Steel Mechanical Square Tube 1 X 1 X 0.083 X 12 Feet 3 Pcs 48 Long
41.74
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Steel Telescoping Square Tube 1-12 X 12-long X .105w-- Telescoping Tube
Steel Telescoping Square Tube 1-12 X 12-long X .105w-- Telescoping Tube
16.99
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4 Aluminum Square Tube 6061 T6 .250 Wall X 18
4 Aluminum Square Tube 6061 T6 .250 Wall X 18
30.00
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Steel Square Tube 4 X 4 14ga Wall 0.075 84 Long Weld Welding Fabrication
Steel Square Tube 4 X 4 14ga Wall 0.075 84 Long Weld Welding Fabrication
31.85
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2 Perforated Square Steel Tubing - 8 Length
2 Perforated Square Steel Tubing - 8 Length
25.00
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4 Aluminum Square Tube 6061 T6 .250 Wall X 12
4 Aluminum Square Tube 6061 T6 .250 Wall X 12
20.00
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Steel Mechanical Square Tube 1 X 1 X 0.083 14 Ga. X 36 Inches
Steel Mechanical Square Tube 1 X 1 X 0.083 14 Ga. X 36 Inches
21.43
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Steel Square Tube 2x 2 X 12 .125 Wall
Steel Square Tube 2x 2 X 12 .125 Wall
16.25
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Steel Mechanical Square Tube 1 X 1 X 0.12 11 Ga. X 48 Inches
Steel Mechanical Square Tube 1 X 1 X 0.12 11 Ga. X 48 Inches
30.05
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Steel Mechanical Square Tube 1 X 1 X 0.120 X 12 Feet 3 Pcs 48 Long
Steel Mechanical Square Tube 1 X 1 X 0.120 X 12 Feet 3 Pcs 48 Long
50.16
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Steel Square Tube 1.5 X 1.5 X 18 Wall 0.125 - Choose Length
Steel Square Tube 1.5 X 1.5 X 18 Wall 0.125 - Choose Length
5.00
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2 12 X 2 12 .250 Wall Stainless Square Tube 12 Length
2 12 X 2 12 .250 Wall Stainless Square Tube 12 Length
22.00
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Steel Mechanical Square Tube 1 X 1 X 0.083 X 18 Feet 3 Pcs 72 Long
Steel Mechanical Square Tube 1 X 1 X 0.083 X 18 Feet 3 Pcs 72 Long
54.60
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2in X 2in X 316in Wall Steel Square Tube 48in Piece
2in X 2in X 316in Wall Steel Square Tube 48in Piece
23.83
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Steel Square Tube 2 X 2 X 12-long X .125 Wall--2 Steel Square Tube X .125
Steel Square Tube 2 X 2 X 12-long X .125 Wall--2 Steel Square Tube X .125
16.50
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Steel Structural Square Tube 2 X 2 X 0.250 14 X 48 Inches
Steel Structural Square Tube 2 X 2 X 0.250 14 X 48 Inches
52.46
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Square Mailing Tubes White Corrugated Poster Document Storage Shipping Tube Box
Square Mailing Tubes White Corrugated Poster Document Storage Shipping Tube Box
26.95
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Pvc Square Tube Grey Type I 1.00 Square X 18 Wall X 48
Pvc Square Tube Grey Type I 1.00 Square X 18 Wall X 48
32.39
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Steel Telescoping Square Tube 2-14 X 12-long X .105w-- Telescoping Tube
Steel Telescoping Square Tube 2-14 X 12-long X .105w-- Telescoping Tube
21.95
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1-12in X 1-12in X 18in Wall 11 Gauge Steel Square Tube 48in Piece
1-12in X 1-12in X 18in Wall 11 Gauge Steel Square Tube 48in Piece
12.52
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Steel Square Tube 2 X 2 X 18 Wall 0.125 - Choose Length
Steel Square Tube 2 X 2 X 18 Wall 0.125 - Choose Length
18.80
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1-14x 1-14x 18 Wall X 12 Long Aluminum Square Tube 6063 T52 New 1.25 Od
1-14x 1-14x 18 Wall X 12 Long Aluminum Square Tube 6063 T52 New 1.25 Od
8.99
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2 Square 10-14 Ga 2x2 Plastic Tubing Plugs For 1.74 To 1.83 Id End Caps
2 Square 10-14 Ga 2x2 Plastic Tubing Plugs For 1.74 To 1.83 Id End Caps
23.85
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2 Square Tube End Plug Tubing Cap Plug Blanking Insert Plug Black
2 Square Tube End Plug Tubing Cap Plug Blanking Insert Plug Black
16.50
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Steel Square Tube 2 X 2 X 36 Long X .08 Wall 14ga
Steel Square Tube 2 X 2 X 36 Long X .08 Wall 14ga
10.65
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Steel Square Tube 1 X 1 X 72 Long X 14ga Wall 0.08
Steel Square Tube 1 X 1 X 72 Long X 14ga Wall 0.08
11.00
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Steel Square Tube 2 X 2 X 16long X 316 Wall
Steel Square Tube 2 X 2 X 16long X 316 Wall
22.50
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3 Aluminum Square Tube 6063 T5 .125 Wall X 12
3 Aluminum Square Tube 6063 T5 .125 Wall X 12
10.00
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4 X 4 X 36 Steel Square Tube 11ga Tubing Wall Steel Brace Support Weld Primed
4 X 4 X 36 Steel Square Tube 11ga Tubing Wall Steel Brace Support Weld Primed
49.95
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2x 2 X 14 Wall 6061 T6 Aluminum Square Tube 12 Piece
2x 2 X 14 Wall 6061 T6 Aluminum Square Tube 12 Piece
17.75
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Steel Mechanical Square Tube 1-12 X 1-12 X 0.083 14 Ga. X 24 Inches
Steel Mechanical Square Tube 1-12 X 1-12 X 0.083 14 Ga. X 24 Inches
19.60
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Steel Square Tube 1 X 1 X 24 Long X 14ga Wall 0.08
Steel Square Tube 1 X 1 X 24 Long X 14ga Wall 0.08
4.00
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Steel Square Tube 1.5 X 1.5 X 18 Wall 0.125 - Choose Length
Steel Square Tube 1.5 X 1.5 X 18 Wall 0.125 - Choose Length
8.00
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1 Aluminum Square Tube 6063 T5 .065 Wall X 24
1 Aluminum Square Tube 6063 T5 .065 Wall X 24
3.25
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4 Aluminum Square Tube 6061 T6 .250 Wall X 6
4 Aluminum Square Tube 6061 T6 .250 Wall X 6
12.50
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Steel Square Tube 3 X 3 X 48 Long X 316 Wall 0.188
Steel Square Tube 3 X 3 X 48 Long X 316 Wall 0.188
39.80
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Steel Square Tube 2 X 2 X 48 Long X 316 Wall 0.188
Steel Square Tube 2 X 2 X 48 Long X 316 Wall 0.188
29.60
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6063-t52 Aluminum Square Tube 2 X 2 X 316 Wall X 24 Long
6063-t52 Aluminum Square Tube 2 X 2 X 316 Wall X 24 Long
29.84
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6063-t52 Aluminum Square Tube 2 X 2 X 316 Wall X 36 Long
6063-t52 Aluminum Square Tube 2 X 2 X 316 Wall X 36 Long
38.76
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6063-t52 Aluminum Square Tube 2 X 2 X 316 Wall X 18 Long
6063-t52 Aluminum Square Tube 2 X 2 X 316 Wall X 18 Long
26.38
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4 X 4 Steel Square Tube 316 Tubing Steel Brace Support Welding 316 Wall
4 X 4 Steel Square Tube 316 Tubing Steel Brace Support Welding 316 Wall
17.99
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6063-t52 Aluminum Square Tube 2 X 2 X 316 Wall X 48 Long
6063-t52 Aluminum Square Tube 2 X 2 X 316 Wall X 48 Long
47.67
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Stainless Steel Square Tube 2 X 2 X 36 Long X 18 Wall 0.125
Stainless Steel Square Tube 2 X 2 X 36 Long X 18 Wall 0.125
36.87
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Square Tubing - 2 X 1.5 X 38
Square Tubing - 2 X 1.5 X 38
160.00
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6063-t52 Aluminum Square Tube 2 X 2 X 316 Wall X 12 Long
6063-t52 Aluminum Square Tube 2 X 2 X 316 Wall X 12 Long
16.92
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1.5 X 1.5 Aluminum Square Tube 116 Wall 27.75 Length Sku 137756
1.5 X 1.5 Aluminum Square Tube 116 Wall 27.75 Length Sku 137756
12.99
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6063-t52 Aluminum Square Tube 2 X 2 X 316 Wall X 72 Long
6063-t52 Aluminum Square Tube 2 X 2 X 316 Wall X 72 Long
63.51
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Steel Square Tube 2 X 2 X 48 Long X .08 Wall 14ga
Steel Square Tube 2 X 2 X 48 Long X .08 Wall 14ga
14.20
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Steel Mechanical Square Tube 1-12 X 1-12 X 0.083 14 Ga. X 72 Inches
Steel Mechanical Square Tube 1-12 X 1-12 X 0.083 14 Ga. X 72 Inches
38.80
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1 X 0.125 Aluminum Square Tube 6061-t6-extruded 72.0
1 X 0.125 Aluminum Square Tube 6061-t6-extruded 72.0
22.64
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Steel Square Tube 1.5 X 1.5 X 24 Long X 18 Wall 0.125
Steel Square Tube 1.5 X 1.5 X 24 Long X 18 Wall 0.125
7.22
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1 X 0.065 Stainless Square Tube 304 Welded 12.0
1 X 0.065 Stainless Square Tube 304 Welded 12.0
6.44
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1 X 1 .120 Wall Stainless Square Tube 12 Length
1 X 1 .120 Wall Stainless Square Tube 12 Length
8.00
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Steel Square Tubing 1x 1x 14 Ga X 24 Ft Long Hot Rolled
Steel Square Tubing 1x 1x 14 Ga X 24 Ft Long Hot Rolled
21.00
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6063-t52 Aluminum Square Tube 2 X 2 X 316 Wall X 60 Long
6063-t52 Aluminum Square Tube 2 X 2 X 316 Wall X 60 Long
56.59
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Steel Square Tube 3 X 3 X 48 Long X 14 Wall 0.250
Steel Square Tube 3 X 3 X 48 Long X 14 Wall 0.250
51.52
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Steel Square Tubing 2 X 2 X .250 X 72
Steel Square Tubing 2 X 2 X .250 X 72
33.20
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Steel Square Tube 2 X 2 X 12 Long X .08 Wall 14ga
Steel Square Tube 2 X 2 X 12 Long X .08 Wall 14ga
4.50
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1 14 Aluminum Square Tube 6063 T5 .125 Wall X 30
1 14 Aluminum Square Tube 6063 T5 .125 Wall X 30
11.00
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5 X 5 X 14 Wall A500 Steel Square Tube 12 Piece
5 X 5 X 14 Wall A500 Steel Square Tube 12 Piece
22.75
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Steel Square Tube 2.5 X 2.5 X 36 Long X 14 Wall 0.250
Steel Square Tube 2.5 X 2.5 X 36 Long X 14 Wall 0.250
31.50
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4130 Steel Square Tube 58 Square X .035 Wall X 36 Length
4130 Steel Square Tube 58 Square X .035 Wall X 36 Length
59.86
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Steel Square Tubing - 2 X 2 X .062 X 72
Steel Square Tubing - 2 X 2 X .062 X 72
12.60
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Steel Square Tube 3 X 3 X 24 Long X 18 Wall 0.125
Steel Square Tube 3 X 3 X 24 Long X 18 Wall 0.125
20.62
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Steel Square Tube 2.5 X 2.5 X 18 Long X 14 Wall 0.250
Steel Square Tube 2.5 X 2.5 X 18 Long X 14 Wall 0.250
15.75
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Steel Mechanical Square Tube 1-12 X 1-12 X 0.12 11 Ga. X 72 Inches
Steel Mechanical Square Tube 1-12 X 1-12 X 0.12 11 Ga. X 72 Inches
45.21
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Steel Mechanical Square Tube 1 X 1 X 0.083 14 Ga. X 72 Inches
Steel Mechanical Square Tube 1 X 1 X 0.083 14 Ga. X 72 Inches
32.87
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Square Mailing Tubes White Corrugated Poster Document Storage Shipping Tube Box
Square Mailing Tubes White Corrugated Poster Document Storage Shipping Tube Box
24.95
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1 14 Aluminum Square Tube 6063 T5 .125 Wall X 48
1 14 Aluminum Square Tube 6063 T5 .125 Wall X 48
17.00
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If a 100 % performance and payment bond had been required on the contract, it would have guaranteed (among other things) the payment of all bills for labor and material, including the vendor in question. Even if the project owner did not stipulate a P&P bond, that does not mean one can not be used to solve this problem. The easy solution, the alternative we always suggest, is to order a traditional 100 % P&P bond then simply file a copy of the payment bond with the vendor in question. It does not name the vendor as obligee the way a financial guarantee bond would. However, it is issued literally for the protection of such vendors and solves the need perfectly, and with less underwriting stress and probably a lower premium.

Consider using this technique when the purchase order is a major portion of the overall contract. If it is not, it may not be economical to bond the entire job, just to cover the vendor. Maybe necessary to pursue the financial guarantee bond instead.

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