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Riverview, MI Surety Bonds

Call Pro Surety Bond to discover how convenient it can be to purchase a 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. Get your cell phone and call us at 800-314-7003 . There's no reason not to call. Call the Riverview Surety Bond Pros at 800-314-7003 !

The Company With Savvy For Riverview Surety Bonds

Call 800-314-7003! What is a surety bond? A surety bond is a three-way agreement between a party that's asking for coverage, the party that's providing the coverage, and the party that furnishes the covered. The party that asked for the coverage is called the obligee, the party paying for it is called the principal, and the party furnishing the coverage is the guarantor or the surety company. Surety bond exist to guarantee that some work by the principal will be accomplished on time and up to scratch, or the obligee can seek damages by making a claim against a surety bond. For example, if you collect sales tax for the government, the government wants a surety bond to guarantee that you will make your deposits on time. Pro Surety Bond has over 25 years of joint industry experience. Call today even if you think you can't get a surety bond because of your poor credit.Call 800-314-7003!

Bidding Opportunities in Riverview

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

14100 Civic Park Drive, Riverview, MI 48193

Phone:(734) 479-2460
Map to Finance Department

The Community of Riverview, Michigan

Riverview is a city in Wayne County and it is the 160th most populous community in the state of Michigan. Riverview is a clean and attractive city. It is a very small community, and depending upon the type of person you are that could be good or bad. But there are plenty of people different people here. It has an active police force, and most residents will tell you they feel safe. It truly is a great place to raise a family, with great schools that are focused on academics but also feature a lot of extracurricular activities and sports. Some people who live in other communities even send their kids here to go the school. It has a lot of nice parks and recreational areas as well as a few restaurants. Riverview is it part of the Downriver community located along the Detroit River, and as such, is a suburb of Detroit.

Does every single business in the world require a surety bond? More or less. Whether you're a grain dealer, a liquid petroleum gas dealer, a milk dealer, a mobile home dealer, a motor vehicle dealer, a potato dealer, a uniform vehicle dealer, a wholesale dealer of liquor, or a wholesale potato dealer, you're going to need a surety bond to show to the government that you are willing to adhere to the regulations of each of your respective Industries. It's kind of like a carrot and stick approach. If you know that you are going to forfeit money if you break the regulations, you're more likely to do business honestly.  Call the Riverview Surety Bond Pros Today at 800-314-7003

Is every surety bond required by law? Again, more or less, but not in every case. Some businesses might elect to purchase surety bonds for various reasons. For instance, there are bonds which protect a business's customers. Let's say the first business sends its own employees to work on the premises of another company. A typical example might be a carpet cleaner. In some cases, the first business might buy a surety bond to protect the other business from theft by its employees. This kind of bond is called a fidelity bond, or an honesty bond.

Pro Surety Bond For All Riverview Surety Bond Requirements

How do underwriters determine the financial strength of a construction company in order to issue a surety bond? All-in-all they look for signs whether a contractor is going to fail on a project. The underwriter will look at the history of claims against the contractor, they will look at the history of their profits to see if their profits shrink over time, they will examine the financial statements of the key personnel as well as the company, and they will look at the amount of working capital and credit rating of the business, among a number of other things. This will give the underwriter a snapshot view of how reliable the construction company going to behave in the future. 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.