Be sure to call Pro Surety Bond when you're shopping around for 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. Giving a call to 800-314-7003 will put you on the right path for a surety bond. Our agents are knowledgeable and are willing to offer guidance to any caller. Call the Brownsville Surety Bond Pros at 800-314-7003!
A Highly Trained Staff For Your Brownsville Surety Bond
Call 800-314-7003! What is a surety bond? Think of a surety bond as a guarantee. We’ve all dealt with the types of guarantees that come with a consumer good. In most cases the reputation of the company is what carries the manufacturer’s promise, but what if you are not a big established corporation? The surety bond was created to fill exactly this gap. For instance, it’s almost certain that the industry you’re in has regulations, and the licensing body for your industry in Texas needs a guarantee from you that you will fulfill your promise to follow those regulations; so they make you get a surety bond from a surety company, which is essentially a third party that promises to accomplish the guarantee, in the form of a temporary loan to you if necessary. Pro Surety Bond has over 25 years of combined industry experience, so give us a call for your next surety bond, even if your credit has seen better days. Call 800-314-7003!
Bidding Opportunities in Brownsville
If you are bidding on public projects for the City of Brownsville 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.
Brownsville, Texas is a city in Cameron County, and it is the 16th largest city in that state population wise. Brownsville started out as a fort on the Mexican border on the eve of the war with that country. The Battle of Resaca de la Palma was fought on land that is now in the city’s city limits, and the city was named after one Jacob Brown, who died at the same time during the Seige of Fort Texas, near present day Brownsville. The city was finally incorporated in 1848, by Charles Stillman. Today Brownsville is the home of a regional university, the University of Texas Rio Grande Valley, and a new medical school.
The Port of Brownsville is probably the most centrally part of the local economy. It’s located about 2 miles from the city, and is an important link to the rest of the world, Mexico in particular. The port’s hinterland is Monterey, Mexico, no small player as a center of commerce. Brownsville has committed itself to creating an international business community made up of a large segment of industrial fields like heavy manufacturing, medical technology, retail, international distribution, and food processing. Brownsville is near shale natural gas reserves, just another feather in Brownsville’s cap with regard to positioning itself globally. Call the Brownsville Surety Bond Pros Today at 800-314-7003!
What are contract bonds? As you might expect contract bonds ensure that the terms of a contract be completed in the way specified in the contract. Contract bonds are extremely common in the construction business, where it’s vital the segments of a project be completed on time and up to snuff, so as to avoid costly delays. If you are bidding on a federal building contract, the Miller Act was instituted to require that all projects over $100,000 have bonded subcontractors. Many states have the same requirement.
Some Of The Most Affordable Brownsville Surety Bond Prices
Are surety bonds the same price in all states? No. There are a number of things which affect the price of surety bonds according to state, and underwriters in that state set their rates accordingly. Some states require more coverage for a given industry. For instance, one state may require a $100,000 bond for auto dealer whereas another state requires $250,000. On top of that there may be guidelines for underwriting a particular industry, which include rate calculations based on default rates on certain riskier bonds. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Brownsville, 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.