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Montgomery, OH Surety Bonds

Let Pro Surety Bond find you the underwriting you need on your 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. It won't hurt to call us now at 800-314-7003 to find out how reasonably priced a surety bond can be. We think you'll be pleased with what we can do for you. Call the Montgomery Surety Bond Pros at 800-314-7003!

Montgomery Surety Bonds To Get Your Business Up And Running

Call 800-314-7003! What is a surety bond? A surety bond seals an agreement with a guarantee, and they usually deal with matters where default is an issue. For instance, if you sell lottery tickets at your place of business, you must guarantee that you will render the state’s receipts at an agreed upon time, or risk a fine. To guarantee the fines, the government makes you buy a surety bond. It’s like a security deposit, but the surety does the guaranteeing so you don’t have to put up lot of your own money. In the rare event that a valid claim is made, the surety will pay the claim and the defaulting business must reimburse the surety Pro Surety Bond has over 25 years of combined industry experience. Call even if you are concerned that you cannot get a reasonably priced bond with a poor credit history. Call 800-314-7003!

Bidding Opportunities in Montgomery

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

451 W. Third St., Dayton, OH 45422-1375

Phone: (937) 225-4699

Map to Finance Department

The City Of Montgomery, Ohio

Montgomery is a city in Hamilton County and it is the 174th most populous city in the State of Ohio. Montgomery started out as Montgomery Pike, a coach stop on what was at that time the Cincinnati—Zanesville Road. For many a year it remained a sleepy old town. In the 1960s Montgomery found itself the beneficiary of the post-World War II suburban boom, and the community, once largely agricultural, now became a bedroom community for the more affluent residents of the Cincinnati area.

Why should you do business in Montgomery, Ohio? For one it’s only about 10 miles away from Cincinnati. It’s easily accessed by interstate 71 and interstate 275, as well as Ronald Reagan Highway. The business environment in Montgomery is bustling, with over 500 commercial interests calling the city their home. The city attributes its success as a place to business to a business friendly climate with the city government, a prosperous customer base, a highly educated labor pool, and a public sector that understands business.  Call the Montgomery Surety Bond Pros Today at 800-314-7003!

What is a general indemnity agreement? General indemnity agreements protect the surety against financial loss in a bond transaction. Sureties put a lot of effort into determining a construction company’s financial strength, because it knows that if a claim is made against the bond, the surety has to pay up as long as it’s valid. But the surety has to be paid back by the bond purchaser, because the premiums for the surety bond don’t cover the claims. They only cover the cost of the check of financials and the surety’s profit of course. For this reason the surety has to get it right before it releases a bond to the applicant.

Some Of The Most Affordable Montgomery Surety Bond Prices

The general indemnity agreement is the part of the surety bond transaction that protects the surety from financial loss, and it was created to put the surety in the strongest position against other creditors the principal may have. At least as it pertains to the construction industry, the surety needs to secure claim to the assets of a defaulting company so that the surety does not incur a loss as a result of being responsible for the completion of a construction project. The GIA outlines the scope of the surety’s rights to complete this task. 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.