Contact Pro Surety Bond the minute you know you need a 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. Why not just call 800-314-7003 and find out how great our rates are? We’re available now. Call the Kingstowne Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? Surety bonds impose financial responsibility on a party that has made a commitment to a certain course of action. If you own a construction company, you make a commitment to finish your leg of the project on time and up to code. If you can’t do that, the project owner needs a way to get the job done, and in most cases that means a surety bond. Surety companies can step in in a crisis and make sure the project is pulled together, and that usually means making a loan to the defaulting construction company to finish the project. And since it’s a loan, the surety does need to be reimbursed. Pro Surety Bond has over 25 years of combined industry experience. Call even if you are sure you can't get a bond at competitive rates with your poor credit. Call 800-314-7003!
If you are bidding on public projects for the City of Kingstowne 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.
127 Center St. S. Vienna, VA 22180
Phone: (703) 255-6359
Kingstowne is a census-designated place in Fairfax County and it is the 76th most populous in the Commonwealth of Virginia. Kingstowne is a planned community in the Washington, D.C. suburbs. It began construction in the 1980s and continues to grow. Living in Kingstowne has been likened to living in a neighborhood in a neighborhood. It’s essentially a large neighborhood with many constituent subdivisions. Housing is quite varied though, with single family homes, townhouses and condos. Many of its residents are related to the defense industry in one way or another.
What are some of the misconceptions that surround getting a performance bond for my construction company? Many construction company owners still believe that pre-qualifying for a surety bond is too much trouble. It’s true that there is a fair amount of paperwork to be put up with your application, but it’s just a one time thing. The same goes for the length of time it takes to get a bond. Many believe it takes a long time but really in most cases it only takes a few weeks. Call the Kingstowne Surety Bond Pros Today at 800-314-7003!
Why are surety bonds a “three-way” agreement? They are a three-way agreement because there are three partied involved: the party needing coverage (obligee), the party that must pay for the coverage (principal), and the party providing the coverage (the surety or the obligor). The key idea here is that each party has its own agreement, and they are related in specific limited ways. The obligee-principal agreement is simply the commitment that must be fulfilled. This is the basic work or commitment that the other two agreements are based on.
The surety-principal agreement details the surety’s responsibilities and limits of that responsibility. This agreement states that the surety will pay any claim as long as the surety determines that it is valid, and that the surety will not be liable for the claim, but only liable to making sure the claim is paid. This means that the principal must agree to allow the surety to seek out damages from the principal if it needs to pay a claim. The surety-obligee agreement states that the surety will pay any valid claim, and here’s the kicker: the surety must pay it regardless of any other considerations, like the principal defrauded the surety when applying for the bond. If the surety refused to pay a claim on these grounds, surety bonds would cease to be effective. Give us a call at 800-314-7003
7900 Westpark Dr A550, Tysons, VA 22102Phone: (703) 749-0400
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.
|Kingstowne Auctioneer Bond||Kingstowne Off Site Improvement Bond|
|Kingstowne Executor Bond||Kingstowne Supersedeas Bond|
|Kingstowne Supply Bond||Kingstowne Garage Bond|
|Kingstowne Non Resident Cost Bond||Kingstowne Third Party Administrator Bond|
|Kingstowne Notary Bond||Kingstowne ERISA Bond|
|Kingstowne Business Service Bond||Kingstowne DMEPOS (Medicare) Bond|
|Kingstowne Lost Title Bond||Kingstowne Insurance Broker Bond|
|Kingstowne Used Car Dealer Bond||Kingstowne Mortgage Broker Bond|
|Kingstowne Travel Agency Bond||Kingstowne Labor Bond|
|Kingstowne Warranty Bond||Kingstowne Sales Tax Bond|
|Kingstowne Health Club Bond||Kingstowne Home Health Care Bond|
|Kingstowne DMV Driving School Bond||Kingstowne Honesty Bond|
|Kingstowne Sheriffs Indemnity Bond||Kingstowne Employee Theft Bond|
|Kingstowne Fidelity Bond||Kingstowne Performance Bond|
|Kingstowne Pawnbroker Bond||Kingstowne Pharmacy Wholesaler Bond|
|Kingstowne Process Server Bond||Kingstowne Lost Instrument Bond|
|Kingstowne Bid Bond||Kingstowne Talent Agency Bond|
|Kingstowne Injunction Bond||Kingstowne Lost Deed Bond|
|Kingstowne Medicaid Provider Bond||Kingstowne Freight Broker Bond - BMC-84|
|Kingstowne Release of Lien Bond||Kingstowne Contractor’s License Bond|
|Kingstowne Wage and Welfare Bond||Kingstowne Appraisal Company Bond|
|Kingstowne Material Bond||Kingstowne Auto Dealer Bond|
|Kingstowne Collection Agency Bond||Kingstowne Cost Bond|
|Kingstowne Appeal Bond||Kingstowne Emissions Station Bond|
|Kingstowne Telemarketer Bond||Kingstowne Utility Bond|
|Kingstowne Credit Services Organization Bond||Kingstowne Guardianship Bond|
|Kingstowne Janitorial Service Bond||Kingstowne Race & Sports Book Bond|
|Kingstowne Credit Repair Bonds||Kingstowne Promoter Bond|
|Kingstowne Title Agency Bond||Kingstowne Mortgage Lender Bond|
|Kingstowne Subdivision Bond||Kingstowne Lottery Bond|
|Kingstowne Public Official Bond||Kingstowne Replevin Bond|
|Kingstowne Payment Bond|