Don't wait to call Pro Surety Bond for your free no obligation rate quote. 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. Call 800-314-7003 To speak to the bona fide professional representatives on surety bonds. Our prices might surprise you. Call the Franklin Farm Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? A surety bond induces a party to follow through on a commitment or duty. An example of the kind of commitment or duty we’re talking about would be the case of a car dealership, which needs to toe the line and do business in a straightforward manner lest it be hit with fines. The government wants you to avoid this, and they require a security from you to guarantee your commitment to honesty. This kind of security could set you back and hurt your operating capital, but sureties know that businesses with good credit and strong financials are a good risk because they usually do business honestly anyway. That’s why they’re willing to stand up for you and pay any valid claim, as long as you pay them back. Making each bond purchaser responsible for his own claims keeps the price low. Pro Surety Bond has over 25 years of combined industry experience. Call even if don’t think it will be possible for you to be bonded at low cost because of bad credit. Call 800-314-7003!
If you are bidding on public projects for the City of Franklin Farm 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.
12000 Government Center Parkway, Fairfax, VA 22035
Phone: (703) 324-3201
Franklin Farm refers to two places, one of which is a census-designated place and the other is a planned community within Oak Hill. This article is about the CDP, which is named after the planned community, the latter of which is older. Locals like to talk about all the great stuff there is in their town. It’s got some nice public parks, good libraries, coffee shops and good public schools. Don’t forget to mention that it has low crime, a stable housing market and a high income per capita. Franklin Farm is a suburb of Washington, D.C.
How can a surety bond open doors for my construction business? About half of all non-residential construction is sponsored by the government, either at the federal level or locally. By law any federal construction project over $250,000 must use only bonded contractors, so the benefits of being bonded should be apparent. It may take a few weeks to get the paperwork together for the underwriter, but once you get that bond issued, you will find a cornucopia of bid opportunities at your feet. Call the Franklin Farm Surety Bond Pros Today at 800-314-7003!
Are there any organizations that can help me learn more about contract bonds? The construction industry and surety industry in conjunction have resources that help contractors just like you get up to speed on the surety situation. An example of one of these organizations is the Surety and Fidelity Association of America, which has members who actively work in the surety industry and have developed a contractor development program to essentially educate contractors on the surety industry and how to increase their chances of being bonded.
Why should I bother getting bonded? When you are bonded, it tells everyone in the business that your company is soundly run and that its financial strength is considerable. This can’t help but enhance your ability to get more work, because in order to be pre-qualified for a bond, you need a certain amount of moxey. It shows that you have a certain amount of confidence in your abilities, and that confidence projects itself naturally and easily. Give us a call at 800-314-7003
108 W 3rd Ave, Franklin, VA 23851
Phone: (757) 562-4900There 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.