Home > Surety Bonds By City > Annandale, VA

Annandale, VA Surety Bonds

There is no better place to buy your College Station surety bond than Pro Surety Bonds. We specialize in all types of Contract and Construction Bonds including Payment and Performance Bonds, Subdivision and Off Site Bonds, Bid Bonds, License and Permit Bonds, Court Bonds, Fidelity Bonds and all types of Miscellaneous Surety Bonds. Find The Trust You Need By Purchasing A Annandale Surety Bond They are here to offer the best customer experience in the industry. Call the Annandale Surety Bond Pros at 800-314-7003!

A Annandale Surety Bond Is A Free Quote Away

Call 800-314-7003! What is a surety bond? A surety bond is a way of enforcing an agreement in which some performance or similar commitment is made. For instance, mortgage brokers agree to handle their clients’ funds responsibly, and the government has the right to enforce these agreements with fines. But to hedge their bets, they require a surety bond as a condition to being licensed, which means that the government has a guaranteed way of collecting. The surety is the party they collect from if necessary, because the surety is the party that agreed to make sure the defaulting company’s agreement with the government is met. That is where the surety’s liability ends though, as every bond purchaser must sign an agreement to reimburse the surety for its efforts. Pro Surety Bond has over 25 years of combined industry experience. Call even if you are hesitant about applying for a surety bond if you have a credit rating that’s not particularly good. Call 800-314-7003!

Bidding Opportunities in Annandale

If you are bidding on public projects for the City of Annandale you may be required to post a Bid Bond. The Bid Bond guarantees you will be able to provide the Performance Bonds required in the event you are the low bidder. In essence the Bid Bond pre-qualifies you for the work you are bidding on. Not all jobs require bonding but if they do we can assist you with Bid Bonds, and subsequent Performance and Payment Bonds as required by the state. Please call the Contract Bond Team at Pro Surety Bond for more information.

Click Here for Bidding Opportunities for the City of Annandale

12000 Government Center Pkwy, Fairfax, VA 22035

Phone: (703) 324-7329

Map to Finance Department

The City Of Annandale, Virginia

Annandale is a census-designated place in Fairfax County and it is the 23rd most populous in the Commonwealth of Virginia. The history of Annandale stretches back to the pre-Revolutionary War period when over 24000 acres of land was purchased by one Col. William H. Fitzhugh and was named Ravensworth. It was pure wilderness in those days but Fitzhugh turned it into a highly profitable tobacco plantation. Over the course of the next couple of centuries Fitzhugh’s descendants sold off the plantation bit by bit until 1830 when it no longer existed. Annandale gets its name from the Scottish city.

Annandale has a number of high profile companies which have put their headquarters here. Among them is DynCorp the private military contractor; ENSCO, Inc, provider of engineering services and advanced technologies for national security; Noblis the non-profit scientific facility; and the Computer Sciences Corporation the information technology firm. ExxonMobil has a large presence in Annadale with its downstream Operations business headquarters, its basestocks marketing and ExxonMobil Aviation. Annandale is also known for its large Korean presence and the nearly 1000 businesses that operate here.  Call the Annandale Surety Bond Pros Today at 800-314-7003!

I am in the construction industry, how is bond eligibility determined? In the most general terms, a company is judged bondable according to how solvent it is. The more solvent a company is in relation to the amount of coverage it needs, the better a risk it is to be issued a bond. When you apply for a surety bond, you will be asked for what could seem like a substantial amount of financial records including not only corporate records but personal financial statements from the owners of the company.

Annandale Surety Bonds Now And Forever

This substantial amount of financial paperwork is needed from contract bond applicants in order for the surety to be able to come to a judgement about the financial stability and solvency of the company. When it comes to construction bonds the stakes are high, because claims in that industry are in the millions, and while claims are rare, when you get one you need to be able to collect, and that means having determined beforehand that the bond applicant has the solvency necessary to reimburse the surety for the claim. Give us a call at 800-314-7003

Related Links:

There are literally thousands of different Surety Bonds to guarantee the performance of businesses and individuals. The following list of are the bonds we most commonly see.