Call the Pro Surety Bond professionals for among the best rates on your next 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. Call 800-314-7003 immediately for assistance from our bond counselors. Our prices might surprise you. Call the Menomonee Falls Surety Bond Pros at 800-314-7003 !
Call 800-314-7003! What is a surety bond? Surety bonds are sort of like a form of insurance that one party requires another party to buy for the former. This is rather different from insurance which involves only two parties: the insurance company in the policyholder. With surety bonds, there are three parties: the obligee, the principal, and the guarantor also known as the surety. The obligee wants a guarantee from the principal that the latter will fulfill an obligation, and in order to guarantee that it will, it requires the principal to take out a surety bond from a surety company. If the principal defaults on the obligation, the obligee can make a claim against the bond, with the surety company paying the claim for the principal, as long as it's deemed invalid. This paid clam amounts to a short-term loan which has to be paid back to the Surety by the principle. Pro Surety Bond has over 25 years of joint industry experience. Call 800-314-7003!
If you are bidding on public projects for the City of Menomonee Falls 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.
W156 N8480 Pilgrim Road Menomonee Falls, WI 53051-3140
Phone:262-532-4200
Map to Finance Department
Menomonee Falls is a village in Waukesha County and it is the 68th most populous community in the state Wisconsin. Menomonee Falls is named after the Menomonee River, as you might have expected. The river flows through the village and the waterfall is just south of the town. Major Employers in town include Kohl's department store, which has its headquarters here and employs 6300 employees, Community Memorial Hospital with about 1300 employees and Harley-Davidson which has a 130000 square foot facility and employs 1000. The Village's slogan is More than a Village.
Why do I need both the surety bond in liability insurance? Let's say you are a plumber. One day one of your employees leaves some plumbing equipment by the truck, and someone falls over it and break their arm. You will have to pay for the medical bills, and your company might get sued, things which could put you out of business, if the damages are big enough. Most businesses like plumbers are required by law to have liability insurance, but even if it's not required it's a good idea to purchase it on your own. Call the Menomonee Falls Surety Bond Pros Today at 800-314-7003
Now let's say that you're a plumber, but you decide to drop the client you're working on and go to a job that's going to pay you a lot more. This is not something that happened as the result of an accident. And it tastes like this you have renege from a legal agreement, and you can be sued in court. However, you can't just someone without plumbing because you wanted to take another job. The government recognizes this, and that's why it requires certain businesses to take out a surety bond. The surety bond can be used to finish the job in important situations like these.
What does ‘licensed and bonded’ mean? You'll find these words in the advertisements of some trades and service providers, like plumbers. Some communities even require them to be put in ads. You already know that licensed simply means that you are authorized by the state to conduct business in a specific industry. It implies that you have gone through some kind of training or received a requisite amount of experience to demonstrate that you're capable of doing this job capably and honestly. The bonded part simply means that the service provider has a bond that can be used to make a claim against if the member of the public believes he has been to frauded by the contractor. Governments require both the cut down on hacks who with no experience who try to pass themselves off as professionals. Give us a call at 800-314-7003.
N91 W17271 Ste. 2, Appleton Avenue, Menomonee Falls, WI 53051
Phone: (262) 251-2430There 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.