The exclusions are as follows:
- Projects where the time for completion is greater than 12 months from bond issuance;
- Projects where the maintenance/ warranty period exceeds 12 months;
- Projects that include demolition, boat or yacht construction, information technology contracts (software or hardware), dredging, drilling, hazardous materials/environmental, swimming pools, fuel tanks, tennis courts, timber;
- Projects that are performed on, in, or under water;
- Projects where the bid spread exceeds 15% percent;
- Projects that include delay damages of greater than $1,000 per day;
- Projects where the scope of the work involves an indefinite quantity;
- Principals who have previous or current (asserted and unasserted) claims with HCCS or another surety.
- Completion bonds (including Subdivision and Grading);
- Projects requiring dual or financial institutions named as obligee; and Principals with open bonds through another surety.