Bay City, TX Surety Bonds

Only Pro Surety Bond can offer some of the best rates on surety bonds they can find with the best customer service. 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. So pick up the phone and call 800-314-7003 You’ll see how professional our agents are! It’s a good feeling knowing you’re in good hands. Call the Bay City Surety Bond Pros at 800-314-7003!

Have A Bay City Bond Requirement? Call Pro Surety Bond Now.

Call 800-314-7003! What is a surety bond? A surety bond is a way by which one party in an agreement can trust another party in an agreement, in cases where reputation just won’t carry the day. For instance, we’ve all made use of retail or service guarantees, but those guarantees are established through long term practice and industry expectations. If a businessman is applying for a business license however, he will need to promise that the business owner will abide by the laws and regulations of the industry. Regulators would like to trust the business, but too much is riding on the commitment, so to guarantee the commitment they make the business owner take out a surety bond, backed by the financial reputation of the surety. The surety in turn guarantees that it will loan the business money to cover any claim made on the bond. Pro Surety Bond has over 25 years of combined industry experience and we can always use a little more. Call is even if your credit has seen better days. We have a program for almost everyone. Call 800-314-7003!

Bidding Opportunities in Bay City

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

1901 Fifth St.

Bay City, TX 77414

Phone: (979) 245-7597

Map to Finance Department

Where Live Happens

Bay city is city in Matagorda County and it is the 139th most populous city in the state of Texas. If you were looking for a place to raise a family, you could do worse than choose Bay City, because it has just about anything a family desires, like quality education, lots of entertainment and ample outdoor activities. Sure it’s a small town with a small town environment, but the quality of services like education are top notch. Bay City serves about 4000 students with a fully rounded education that includes art activities and advanced courses.

Bay City exceeds in other ways as well. The local hospital, The Matagorda County Regional Medical Center, has joined in partnership with Baylor College of Medicine with a 58 bed, 11 acre facility that is the envy of our region of Texas. Other amenities include a lovely historic downtown with an official Texas Main Street designation that protects the city’s cultural heritage, and a long heritage it is. Bay City started out as Bay Prairie, but changed the name after the Bay City Mining Company moved in, or rather the man who owned that company moved in to engage in land speculation. Call the Bay City Surety Bond Pros Today at 800-314-7003!

Is collateral needed on a surety bond? In most cases, no, because a large number of bonds can be acquired with a simple credit check. Collateral is often not even accepted because it’s not always reliable. For instance, a financially distressed company might want to put up collateral, but if the distressed company files for bankruptcy, the surety won’t necessarily keep its rights to the collateral. Collateral is more common in cases in which claims are relatively high and frequent, which is the case with courts bonds, appellate bonds, tax lien bonds, etc.

We Have A Great Turnaround On Bay City Surety Bonds

What is an obligee in the surety bond transaction? A surety bond is a three party transaction in which the surety bond underwriter promises one party it will financially back any claim that a second party may have made against it. The first party is called the obligee. In terms of commercial bonds, which is probably the kind you need, it is probably a governmental agency that is requiring you to buy one, and it’s in place to protect consumers from unethical business practices and protect the government from having to chase someone down for fines related to not obeying the regulations of your industry. Give us a call at 800-314-7003

Related Links:

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.