Contact Pro Surety Bond as soon as possible for up to date information on surety bonds. 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. 800-314-7003 has only the best rates and the best customer service on surety bonds. It's all a part of what we think our clients deserve. Call the Alvin Surety Bond Pros at 800-314-7003!
If You Want The Best On Alvin Surety Bonds, Call Us
Call 800-314-7003! What is a surety bond? A surety bond is like an insurance policy that you buy for someone else. Someone, say the state regulatory body that issues business licenses for your industry, has established regulations for that industry, and naturally they penalize rule breakers. But if that happens, just to be sure all accounts are settled, they have the business license applicant purchase a surety bond to protect the government itself from business owner default. If the government does make a claim, the surety will loan the business owner the money to pay the indemnity. Pro Surety Bond has over 25 years of combined industry experience Call 800-314-7003!
Bidding Opportunities in Alvin
If you are bidding on public projects for the City of Alvin 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.
Alvin is a city in Brazoria County and it is the 109th most populous city in the state of Texas. Alvin started out as a land grant to the Houston Tap and Brazoria Railroad, when bull ranches were established in the area. The town was originally named “Morgan” by residents who named it after an employee of the Santa Fe Railroad, Alvin Morgan; but it was discovered that there was already a city called Morgan, so they made the switch. Today Alvin is known as the hometown of Baseball Hall of Famer Nolan Ryan, as well as the Nolan Ryan Museum, the Nolan Ryan Foundation and Exhibit Center on the campus of Alvin Community College.
Alvin’s access to transportation links makes it an ideal location for any company relocating, particularly those in manufacturing and distribution. There are two state highways nearby, and there are also Port Arthur and Port Houston, BNSF and Union Railroad and finally Houston Hobby Airport. Alvin is also attractive because of its flexible and motivated workforce, and it is a community that encourages job training at institutions like Alvin Community College and the surrounding Gulf Coast Consortium of Community Colleges. Call the Alvin Surety Bond Pros Today at 800-314-7003!
Are there any alternatives to surety bonds for those in the construction business? There are, but the tradeoffs will be hard to deal with. You can put up real or personal property in which case you will need a contract that clearly describes what obligation is being secured, and the obligation is secured by a deed of trust on the property. The problem with this is that finding a property with enough equity that is not encumbered by other claims. In addition, there is an elaborate process for confirming ownership of a property to secure an obligation, and it includes title searches among other things.
Contact Your Alvin Surety Bond Representative at Pro Surety Bond
Another problem with using real property to secure an obligation is that real property is not generally liquid, as assets go, and even a property with adequate equity must be foreclosed one, which means that filing papers, talking to attorneys and twiddling your thumbs while the case wends its way through the courts. You could always use personal property as security, but many of the same problems exist: proper documentation of the obligation and the problem of liquidity, which is less of a problem compared to real property but still a large problem. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Alvin, TX
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.