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Portage, WI Surety Bonds

Pro Surety Bond is dedicated only to surety bond sales at the best rates for you. 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 To speak to the bona fide professional representatives on surety bonds. Because remember: knowledge is power. Call the Portage Surety Bond Pros at 800-314-7003 !

Portage Surety Bond Quotes On The Same Business Day

Call 800-314-7003! What is a surety bond? Think of a surety bond as a way of financially backing up an obligation which needs a guarantee. If you are a construction subcontractor on a large project, there's an almost 100% chance you're going to be required to get a surety bond before you can undertake the project. The bond acts as a guarantee to the project manager, who needs the guarantee that your part of the project will be performed on time and up to code. If for some reason you cannot do that, the project manager can file a claim against you bond, and if the surety company judges it to be valid, it has already promised the project manager that it, the surety, will pay the claim. This paid claim amounts to a short-term loan which has to be paid back to the surety. Pro Surety Bond has over 25 years of joint industry experience. Call 800-314-7003!

Bidding Opportunities in Portage

If you are bidding on public projects for the City of Portage 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.

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115 West Pleasant Portage, WI 53901

Phone:(608) 742-2176
Map to Finance Department

The Community of Portage, Wisconsin

Portage is a city in and the county seat of Columbia County, and it is these something most populous community in the state of Wisconsin. Portage got its name from the Fox - Wisconsin Waterway, literally a portage between the Fox and Wisconsin rivers. It was precisely this portage that European traders and settlers took advantage of when exploring the region. The advantageous place consisted of a 1 1/2 mile strip of marshland floodplain between the rivers and it served as a fur trade throughfare between Green Bay and Prairie du Chien. Portage is part of the Madison Metropolitan statistical area, and its slogan is Where the North Begins.

Portage, Wisconsin works in partnership with Columbia County Economic Development Corporation, and they have developed a number of business assistance initiatives that they help will demonstrate to the public that the city and the county are serious about promoting a business positive attitude. Some of the resources they offer or the office of corporate relations, administered by the University of Wisconsin - Madison. The program is geared toward research and expertise, professional development, employee recruitment, entrepreneurial assistance, and technology transfer.  Call the Portage Surety Bond Pros Today at 800-314-7003

Portage and Columbia County also offer a number of financing options to help businesses get off the ground, expand or relocate. There is the CCEDC revolving Loan Fund which was designed to encourage the creation of permanent employment, retention and expansion of current businesses, and attraction of private capital to Columbia County and Portage in particular. The fund is to be used mostly for acquisition of land and buildings, site preparation, demolition and removal of old structures on the side, and payment of Assessments for sewer, water and Public Utilities.

Only The Fastest Turnaround On Your Portage Surety Bond.

What is a general Indemnity agreement? The GIA is a legal document that gives a bond issuing surety numerous legal powers to pursue debts incurred from paying a claim for the principal, i.e., the party that bought the bond. Put another way it obliges the principal to protect the surety from any losses occurred as a result of having to pay a claim. The GIA is a standard document in the surety bond industry, at least as it pertains to the construction industry. It's roughly the mirror version of the agreement that the surety makes with the obligee: If a valid claim is made, the surety has to pay the obligee no matter what, and in turn the principal has to pay the surety for the claim, no matter what. 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.