If your business supplies textbooks or educational materials to public schools in North Carolina, you must provide a surety bond as required by North Carolina General Statutes §115C-95. Surety One, Inc. offers this bond quickly and at competitive rates to help you meet state compliance requirements and bid confidently on school contracts. The North Carolina Textbook Supply Surety Bond is a financial guarantee required of any company or individual entering into an agreement to furnish textbooks or educational materials to the North Carolina State Board of Education. The bond ensures that the supplier fulfills all contractual obligations, including timely delivery and compliance with state educational standards.
The amount and terms are determined by the North Carolina Department of Public Instruction and the State Board of Education.
You need a North Carolina Textbook Supply Bond if you:
This bond is typically required before the contract is executed and must be filed with the Department of Public Instruction.
The North Carolina Textbook Supply Surety Bond guarantees that the principal (the supplier) will:
If the supplier fails to meet these obligations, the state may file a claim against the bond to recover damages. When supply contracts serve a public good, they contribute to cost stability and fiscal efficiency, ultimately benefiting taxpayers. Although the impact is indirect, the public enjoys reduced financial strain (such as lower taxes) by insulating government entities from the volatility of materials pricing. Whether it’s food for public school cafeterias, janitorial products for state facilities, or the reams of paper consumed by local, state, and federal agencies, the efficient procurement of essential materials plays a vital role in minimizing the economic burden on the public.
Call us at (800) 373-2804, email Underwriting@SuretyOne.com or click here to chat with an underwriter. North Carolina surety leader, Surety One, Inc. is an experienced underwriter of supply bonds. We provide unmatched support of your surety bond need based on our knowledge about the industry and our focus on our personal relationship with suppliers. We facilitate expeditious review and response to your bond request.
Surety bond application review and quoting are free of charge. There is no obligation to purchase.