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Bon Air, VA Surety Bonds

There's no reason to call anyone else after speaking with Pro Surety Bond for your next surety bond. 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 your phone and call 800-314-7003 To speak to a dedicated representative. Because remember: knowledge is power. Call the Bon Air Surety Bond Pros at 800-314-7003!

Bon Air Surety Bonds Are Convenient And Simple

Call 800-314-7003! What is a surety bond? A surety bond financially motivates a party to do business honestly or perform a duty. If you own a fuel blending facility you must collect tax for your product and make your drop according the schedule. The government further wants a guarantee from you, and will usually accept a surety bond in place of a security deposit. If they do, the surety promises the government that it will put up the money to pay the undeposited tax receipts, which amounts to a short-term loan to the defaulting company. Since it’s a loan, the surety has to be reimbursed for its efforts. Pro Surety Bond has over 25 years of combined industry experience. Call even if your are uncertain about applying for a surety bond with your bad credit hanging over you. Call 800-314-7003!

Bidding Opportunities in Bon Air

If you are bidding on public projects for the City of Bon Air 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 Bon Air

9901 Lori Road Chesterfield, VA 23832

Phone: 804-748-1000

Map to Finance Department

The City Of Bon Air, Virginia

Bon Air is a census-designated place in Chesterfield county and it is the 70th most populous in the Commonwealth of Virginia. Bon Air started out as Brown’s Summit, but later acquired the current name, which means Good Air in French, in recognition of the quality that made the site a popular resort getaway for wealthy Richmond residents looking to escape the dirty streets and air of that city. It’s relatively high elevation helped accentuate this, and made the summer temperatures at least a bit more endurable.

How do insurance companies and surety bond companies handle claims and losses differently? When it comes to claims, surety companies pre qualify a business to determine its risk worthiness, and if that threshold is considered safe, a surety bond will be issued on the assumption that there will be no claims. With insurance, you buy coverage to protect you from random damages, and the premiums are calculated with the assumption that eventually there will be claims.  Call the Bon Air Surety Bond Pros Today at 800-314-7003!

What types of commercial surety bonds are there? There are quite a few, tailored to meet literally hundreds of conditions. There are tax bonds, which guarantee the collection of sales and other taxes; there are business service bonds which protect the clients of a business that sends its own employees to work on the premises of another company against theft on the part of those employees; there are license and permit bonds, which guarantee that a business will obey the regulations of its industry.

Pro Surety Bond Buying In Bon Air

What are the advantages surety bonds have over letters of credit? With letters of credit, you must put up collateral to cover any potential claims, and this in itself can eat into your working capital. With surety bonds, the surety will investigate whether you are financially sound and therefore unlikely to default on a commitment. If it judges you reliable it will issue you the bond unsecured. That means the surety bond doesn’t show up on your ledgers, and that’s a significant benefit. Sometimes a surety will require collateral for a bond, but that is for bad credit cases. In some cases you can use a letter of credit as collateral, with the advantage being that the surety will at least investigate your claim before paying. Give us a call at 800-314-7003

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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.