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Manchester, VA Surety Bonds

It’s only one call to Pro Surety Bond and you’ll have a surety bond in no time. 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. When you call 800-314-7003 you’ll be on your way to the best deal on surety bonds. Be sure you’re informed before you make a choice. Call the Manchester Surety Bond Pros at 800-314-7003!

Manchester Surety Bonds Provide Security You Need

Call 800-314-7003! What is a surety bond? A surety bond financially binds someone to fulfill a contractual obligation. If you collect sales tax through your retail business, you must guarantee the department of revenue that you will make your drops on time. So the government can collect unpaid deposits, it has instituted the surety bond, which acts like a security deposit, except the surety is the party that provides the deposit. The surety will take on this responsibility because it still requires you to pay any valid claims back to the surety. Pro Surety Bond has over 25 years of combined industry experience. Call even if you believe there will be too much difficulty applying for a surety bond given your poor credit. Call 800-314-7003!

Bidding Opportunities in Manchester

If you are bidding on public projects for the City of Manchester 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 Manchester

9901 Lori Road Chesterfield, Virginia 23832

Phone: (804) 748-1617

Map to Finance Department

The City Of Manchester, Virginia

Manchester is a census-designated place in Chesterfield County and it is the 111th most populous in the Commonwealth of Virginia. The cost of living in Manchester is fairly reasonable, about 7% lower than the state and about average for the nation. The crime rate here is also fairly low, about 15% lower than the rest of the United States, making Manchester safer than almost 50% of the cities in the country. The weather here is pretty moderate, and the pollution index for Manchester is 98% better than the rest of the country.

Who benefits the most from a surety bond, the obligee or the principal? The obligee is the party that wants the coverage. The principal is the party that pays for it, while the surety is the one that furnishes it. Actually, both the obligee and the principal benefit from different aspects of the surety bonds. The obligee benefits in the respect that he can receive redress from damages that arise from default on the part of the principal. This means the obligee doesn’t have to take the principal to court. The principal benefits from the bond to the extent that the surety must investigate the claim and determine if it’s valid.  Call the Manchester Surety Bond Pros Today at 800-314-7003!

What is a public official bond? A public official bond covers the taxpayers if a government employee mishandles public moneys. For instance, if the public officials overseeing school district mismanage the budget and cause a fiscal crisis, the surety bond is in place to pick up the ball and make sure the budget is met, at least to the extent of the amount of coverage of the bond. Note that the public official does not cover dishonest officials; there’s a different bond for that.

Manchester Surety Bond Information Is Only One Phone Call Away

What is a lost securities bond? When a security like a stock or bond is lost, and it’s not electronically recorded, there needs to be a way of replacing the instrument. Transfer agents perform this task. But transfer agents don’t have the resources to verify the identity of everyone who asks for a replacement instrument, so they make you take out a surety bond to protect the transfer agent from those who would fraudulently ask for a replacement bond, only to have the real one surface later. 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.