One simple 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. Call 800-314-7003 and speak with someone who can help you make a decision on your next surety bond. Don't wait any longer!Call the Oxford Township Surety Bond Pros at 800-314-7003 !
Call 800-314-7003! What is a surety bond? A surety bond financially binds one party to a commitment that it has made to another party. When you operate a non-accredited school you commit to your students that you will provide education for their tuition. Since so many of these schools operate with student loan funds the government requires a surety bond to guarantee that if the school goes out of business, the students and the government will be paid back for the tuitions received but not used. Surety bonds are the simplest way of going about this because once you have established that your school is financially stable, a surety company will, without collateral, take on the responsibility putting up money in your name to cover any claims. These paid claims amount to a loan which must be paid back to the surety. Call 800-314-7003!
If you are bidding on public projects for the City of Oxford Township 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.
300 Dunlap Rd, Oxford, MI 48371
Oxford Township is a Charter Township in Oakland County and it is the 94th most populous community in the State of Michigan. Oxford Township got started as a hunting ground for the Nepessing tribe of the Chippewa Indians, but by the early 1800’s numerous settlers were coming to the area primarily to hunt and trap. The township was not created until 1837, and then it was a split off from Oakland Township. Its earlier names were Demingsburgh, Demings Corners, and Oxford Corners.
In which industry are surety bonds used the most? There's no doubt about it, the construction business is the business that uses the largest amount at least in terms of dollar amount of coverage (as opposed to the number of bonds required). Thanks to the Miller Act, every federal government project over $250,000 in the United States requires a surety bond. Furthermore, every state has its own version of the Miller Act, informally called “Little Miller Acts”. When you factor in the fact that most private projects as well use surety bonds to protect the project owner against default by subcontracts, you can see how it can amount to a massive amount of coverage. Call the Oxford Township Surety Bond Pros Today at 800-314-7003
What can I do to avoid a claim against my surety bond? One important thing you can do is make sure that you don't underbid yourself, because unfinished projects will bring about a claim. The problem is that often the bidder doesn’t have enough time to determine the right bid, and ends underbidding, but being awarded the contract anyway. Courts are not unsympathetic to this and if you document everything, the court may be able to determine that your assumptions about the bid were not accurate, because of the actions of the project owner.
What does the collateral provision in a general Indemnity agreement do? When you buy a surety bond you agree to reimburse the Surety company for any valid claims paid by the Surety. To secure this commitment the surety has a right to demand collateral from the principal. It also requires the principle to deliver that collateral when a claim is made on the bond, to secure the Surety against the claim. If the principal fails to put up the collateral when requested, it is a breach of the general Indemnity agreement. Give us a call at 800-314-7003.
22 W Burdick St, Oxford, MI 48371Phone: (248) 628-0410
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.
|Oxford Township Public Official Bond||Oxford Township Executor Bond|
|Oxford Township Material Bond||Oxford Township Freight Broker Bond - BMC-84|
|Oxford Township Payment Bond||Oxford Township ERISA Bond|
|Oxford Township Medicaid Provider Bond||Oxford Township Cost Bond|
|Oxford Township Supersedeas Bond||Oxford Township Release of Lien Bond|
|Oxford Township Sales Tax Bond||Oxford Township Lost Instrument Bond|
|Oxford Township Mortgage Lender Bond||Oxford Township Third Party Administrator Bond|
|Oxford Township Bid Bond||Oxford Township Wage and Welfare Bond|
|Oxford Township Appraisal Company Bond||Oxford Township Injunction Bond|
|Oxford Township Contractor’s License Bond||Oxford Township Guardianship Bond|
|Oxford Township Warranty Bond||Oxford Township Promoter Bond|
|Oxford Township Talent Agency Bond||Oxford Township Janitorial Service Bond|
|Oxford Township Pharmacy Wholesaler Bond||Oxford Township Employee Theft Bond|
|Oxford Township DMEPOS (Medicare) Bond||Oxford Township Sheriffs Indemnity Bond|
|Oxford Township Notary Bond||Oxford Township Honesty Bond|
|Oxford Township Replevin Bond||Oxford Township Business Service Bond|
|Oxford Township Lost Deed Bond||Oxford Township Mortgage Broker Bond|
|Oxford Township DMV Driving School Bond||Oxford Township Garage Bond|
|Oxford Township Insurance Broker Bond||Oxford Township Collection Agency Bond|
|Oxford Township Travel Agency Bond||Oxford Township Used Car Dealer Bond|
|Oxford Township Labor Bond||Oxford Township Non Resident Cost Bond|
|Oxford Township Title Agency Bond||Oxford Township Emissions Station Bond|
|Oxford Township Race & Sports Book Bond||Oxford Township Utility Bond|
|Oxford Township Home Health Care Bond||Oxford Township Auctioneer Bond|
|Oxford Township Appeal Bond||Oxford Township Off Site Improvement Bond|
|Oxford Township Supply Bond||Oxford Township Credit Repair Bonds|
|Oxford Township Pawnbroker Bond||Oxford Township Auto Dealer Bond|
|Oxford Township Credit Services Organization Bond||Oxford Township Lottery Bond|
|Oxford Township Process Server Bond||Oxford Township Performance Bond|
|Oxford Township Subdivision Bond||Oxford Township Telemarketer Bond|
|Oxford Township Lost Title Bond||Oxford Township Fidelity Bond|
|Oxford Township Health Club Bond|