Borger, TX Surety Bonds

Please call Pro Surety Bond for a free quote on your next 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. Now would be the best time to call 800-314-7003 and let us show you what we do on a daily basis. Our team of representatives know your time is valuable and won’t waste it. Call the Borger Surety Bond Pros at 800-314-7003!

It’ll Be A Good Thing To Call Pro Surety Bond For Your Borger Surety Bond

Call 800-314-7003! What is a surety bond? A surety bond can be a way of “buying” professional reputation, in cases where customary professional reputation won’t float the boat. If someone applies for a business license, they are required to pledge that they will not break the regulations of their industry. To create a little incentive, they require you to guarantee your promise with a surety bond, which is backed by the financial integrity of the surety company. A surety company is an insurance company, and thus has the funds to back up your promise when you can’t. The surety in essence promises to pay any valid claim in the form of a short term loan to the business. Pro Surety Bond has over 25 years of combined industry experience, and who wouldn’t want to work with someone with experience. Call today even if your credit is not what it was. We might be able to work something out. Call 800-314-7003!

Bidding Opportunities in Borger

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

801 North Florida Street

Borger, TX 79007

Phone: (806) 273-0956

Map to Finance Department

Gateway To The Texas Plains

Borger is a city in Hutchinson County and it is the 179th most populous city in the state of Texas. Borger was named after one Asa Philip Borger, who also established the Hutchinson County seat of Stinnett. Borger has the distinction of being the first city in the panhandle to strike oil, in 1922 to be exact. Within several years the city swelled to 45,000 in population. Borger was also the site where the first rotary drilling rig—one that could drill through rock--was built, to the tune of a then unthinkable amount of $25,000. Today Borger is an important part of the Amarillo metropolitan area.

The City of Borger has dedicated itself to the creation of a vibrant community through sustained commitment to the type of economic diversity necessary for the healthy development of the community. There are several objectives. One is to retain established enterprises and the help those entities expand. Another is to promote Borger to outside business interests, either those looking to relocate or to capital investors. Yet another is to encourage economic growth through tourism and cultural activities.  Call the Borger Surety Bond Pros Today at 800-314-7003!

What role does the surety play besides providing a guarantee to the Obligee? The obligee is the party that wants protection from the party they make purchase the surety bond, aka the principal. Although the principal purchases the bond, it’s not entirely accurate the think of him as the customer. Indeed the obligee is the true customer because without his requirement, there would have been no bond purchased (in most cases). The unique character of the three way relationship between the principal, obligee and surety reveals itself when the obligee makes a claim against the bond.

Our Borger Surety Bond Quotes Are Fast And Free

When an obligee makes a claim against a surety bond, it is the surety’s duty to investigate the claim to determine whether it’s valid. Now we just said the obligee is the real customer, but that being the case doesn’t mean that the claim is paid on the spot to satisfy the customer. The surety went to some trouble to determine that the principal was a good risk, and now that a claim has been made, the surety now has to go to the trouble of proving itself right, in a manner of speaking. In other words the surety is now acting as an advocate for the principal. But let’s be clear about something: the surety is a de facto advocate, not a legal one, so when the surety investigates a claim, it is not as your legal representative, but more like as two parties that have common cause: they don’t want to pay any claim that is invalid. Looked at this way, the surety is simply a go between between two parties. 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.