Home > Surety Bonds By City > Newport News, VA

Newport News, VA Surety Bonds

Fear no more, Pro Surety Bond is here to find you among the best bond premiums. 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. There's no reason you should not pick up the phone and call 800-314-7003 in order to get a fast and free quote. Quotes are free and no obligation. Call the Newport News Surety Bond Pros at 800-314-7003!

The City Of Newport News, Virginia

Call 800-314-7003! What is a surety bond? A surety bond is a financially backed pledge that a condition will be fulfilled or that one will be avoided. An example: if you own a telemarketing firm, you must obey the regulations of that industry by adhering to the no call list among other things. The government that gives out business licenses will usually require a surety bond as kind of incentive to get to you to continue so, and if a claim needs to be made for violation of regulations, the surety company pays the claim if valid. The surety agrees to make the government happy that its agreement with you is fulfilled, though it is not primary liability. The surety is only liable in a secondary sense, because the defaulting company still has to pay the surety back. Pro Surety Bond has over 25 years of combined industry experience. Call even if don’t think it’s worth the effort to apply for a surety bond given a poor credit record. Call 800-314-7003!

Bidding Opportunities in Newport News

If you are bidding on public projects for the City of Newport News 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 Newport News

2400 Washington Ave. Newport News, VA 23607

Phone: 757-933-2311

Map to Finance Department

Where Great Things Are Happening

Newport News is an independent city and it is the 5th most populous city in the Commonwealth of Virginia. The somewhat unusual name comes from the area around the mouth of the James River, and it was called in its early days Newportes Newes, though it’s not known for certain where the name comes from. One local legend says it comes from one Captain Christopher Newport who had just set sail on a ship with survivors of the famine experienced by the Jamestown colonists. As they were leaving another fleet was arriving with supplies and thus the ship was turned around with the city names after Newport and his “good news.”Newport News is a vital part of the Hampton Roads metropolitan area.

Newport News offers financial incentives to make it more competitive with other cities that offer similar things, and to convince investors to set up shop here. One program is called the Newport News Micro-Loan Program, and it offers opportunities for qualifying enterprises to help them get established orf expand them. Loans range from $2000 to $25000 with a maximum term of five years at a fixed interest rate; there is also the Newport News Capital Fund which offers opportunities form $5000 to $250000 for larger businesses that cannot get the credit they need. These loans are for businesses that can create jobs.  Call the Newport News Surety Bond Pros Today at 800-314-7003!

There are few places where you can live, work, and play so prosperously than Newport News. The wonderful quality of life stems from the city convenient commercial location, educational opportunities, recreational possibilities and cultural offerings. Being so close to the Hampton Roads pot of gold doesn’t hurt either. Here you can enjoy everything the big city has to offer, including a performing arts center, and the largest municipal park east of the Mississippi River.

If You Have A Newport News Surety Bond Need, Call Pro Surety Bond

Sureties are in the business of fulfilling obligations when the bond purchaser cannot do so. They are insurance companies in the sense that they provide risk management for a fee, and they are usually regulated by the state insurance commissioner, but there are some differences. The most important is the general indemnity agreement, which absolves the surety of primary liability for the claim. This means that they surety is obligated to loan you the money to cover a claim, but it is not obligated to absorb the cost of the claim permanently. Give us a call at 800-314-7003

Related Links:

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.