Excellent service and excellent premiums on you surety bond are the only things you'll get from Pro 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. Talk to the best the surety bond industry has to offer by calling 800-314-7003 . We like to give our clients the best. Call the Wyndham Surety Bond Pros at 800-314-7003!
Call 800-314-7003! What is a surety bond? Surety bonds are a way of financially protecting someone against default on a contractual agreement. If you own a construction business, particularly one that handles federal government contacts, you will always need a surety bond to cover the government in case you can’t finish a project. Sureties are good for this kind of guarantee because they have strong financial reputations, and are in a position to pre-qualify you as a way of establishing your dependability. If your performance comes up short, the surety can step in and save the day so to speak, by putting up the money needed to cover the claim. Pro Surety Bond has over 25 years of combined industry experience. Call even if you think it's too much trouble applying for a surety bond. Call 800-314-7003!
If you are bidding on public projects for the City of Wyndham 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.
4301 East Parham Road Henrico, VA 23228
Phone: (804) 501-4729
Wyndham is a census-designated place in Henrico County and it is the 116th most populous in the commonwealth of Virginia. If you’re looking for an inexpensive place to raise your family, you might want to pass up Wyndham. The cost of living here is about 40% higher than the national average and the cost of housing is a whopping 140% higher than the national average. As a consolation prize you get a super low crime rate and an excellent public school system.
Lack of communication and the role it plays in performance defaults. It’s important for the obligee to keep the surety apprised of the state of the project and let him know as soon as possible if things are not looking good. Early notification allows the surety to takes the steps necessary to limit the damage done by a defaulting contractor. Sometimes one of the stipulations of the bond is that a meeting may be required before a default is declared. These meetings are a good idea even if that stipulation does not exist. Call the Wyndham Surety Bond Pros Today at 800-314-7003!
If there are problems on the horizon that indicate default on a contract bond, the surety should be notified as soon as possible. In fact, if the obligee is in any way entertaining making a claim, he should get the surety involved. Surety claims specialists are in the business of cleaning up broken projects, and it makes their lives a lot easier when they have advanced warning of an impending default. In some cases, if they are notified early enough, they can avoid default entirely.
Are there loans for surety bonds? There is no established practice in the surety bond industry of loans for bonds. A bond producer, when working with a poor credit case, might allow that party to pay for their bond in installments, but that is rare and determined on a case by case basis. The Small Business Administration has a bond guarantee program, by which the SBA will promise qualified bond producers that the SBA will pay up to 90% of the coverage of the bond, should a claim be made. Give us a call at 800-314-7003
919 E Main St, Richmond, VA 23219
Phone: (804) 644-1607There 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.