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Oxford Township, MI Surety Bonds

Oxford Township Surety Bond

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 !

You'll Never Find Better And Faster Service On Your Oxford Township Surety Bond

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!

Bidding Opportunities in Oxford Township

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.

Click Here for Bidding Opportunities for the City of Oxford Township

300 Dunlap Rd, Oxford, MI 48371

Phone:(248) 628-9787
Map to Finance Department

The Community of Oxford Township, Michigan

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.

Related Links:

Oxford Township Municipal Page
300 Dunlap Rd, Oxford, MI 48371;
Phone: (248) 628-9787

Oxford Township Chamber of Commerce

22 W Burdick St, Oxford, MI 48371

Phone: (248) 628-0410

The Surety Bonds We See Most Commonly in Oxford Township, MI

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 Cost Bond Oxford Township Emissions Station Bond
Oxford Township Bid Bond Oxford Township Credit Repair Bonds
Oxford Township Executor Bond Oxford Township Home Health Care Bond
Oxford Township Lost Title Bond Oxford Township Auctioneer Bond
Oxford Township Honesty Bond Oxford Township Warranty Bond
Oxford Township Mortgage Lender Bond Oxford Township Talent Agency Bond
Oxford Township Replevin Bond Oxford Township Business Service Bond
Oxford Township Collection Agency Bond Oxford Township Employee Theft Bond
Oxford Township Supply Bond Oxford Township Lost Instrument Bond
Oxford Township Process Server Bond Oxford Township Off Site Improvement Bond
Oxford Township Appeal Bond Oxford Township Title Agency Bond
Oxford Township Wage and Welfare Bond Oxford Township Auto Dealer Bond
Oxford Township Public Official Bond Oxford Township Contractor’s License Bond
Oxford Township Freight Broker Bond - BMC-84 Oxford Township Lottery Bond
Oxford Township ERISA Bond Oxford Township Janitorial Service Bond
Oxford Township Non Resident Cost Bond Oxford Township Performance Bond
Oxford Township Release of Lien Bond Oxford Township Health Club Bond
Oxford Township Appraisal Company Bond Oxford Township Pharmacy Wholesaler Bond
Oxford Township Injunction Bond Oxford Township Telemarketer Bond
Oxford Township Guardianship Bond Oxford Township Medicaid Provider Bond
Oxford Township DMEPOS (Medicare) Bond Oxford Township Payment Bond
Oxford Township Used Car Dealer Bond Oxford Township Utility Bond
Oxford Township Insurance Broker Bond Oxford Township Lost Deed Bond
Oxford Township Mortgage Broker Bond Oxford Township Labor Bond
Oxford Township Garage Bond Oxford Township Credit Services Organization Bond
Oxford Township Supersedeas Bond Oxford Township Race & Sports Book Bond
Oxford Township Pawnbroker Bond Oxford Township Travel Agency Bond
Oxford Township Sales Tax Bond Oxford Township Fidelity Bond
Oxford Township Subdivision Bond Oxford Township Third Party Administrator Bond
Oxford Township Material Bond Oxford Township Promoter Bond
Oxford Township Notary Bond Oxford Township Sheriffs Indemnity Bond
Oxford Township DMV Driving School Bond
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