There’s no reason to wait any longer, so callPro 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.For up to date information on surety bonds call800-314-7003immediately.Agents are taking calls right now.Call the Cooper City Surety Bond Pros at800-314-7003!
Surety Bond Pros Have Some Of The Best Cooper City Surety Bond Premiums
Call800-314-7003!What is a surety bond for? Surety bonds protect one party against default on an obligation on the part of another party. The first party, the obligee, needs the protection. Let’s say you own a business that sells lottery tickets. The government business licensing body wants a commitment from you, the principal, that you will deliver the moneys collected for the state according to regulation. But also they want some measure of protection against default, so they make you take out a surety bond, which is backed by a financial institution that specializes in guarantees, you might say. The surety is in a position to make this sort of commitment and therefore can guarantee to the government that if a claim needs to be made against the business selling lottery tickets, the surety will make sure that the business owner is advanced a line of credit to take care of it. Pro Surety Bond has over 25 years of combined industry experience, and you don’t get to that place if people don’t trust you. Call us even if you don’t expect to be approved for a bond. We might have a program especially for you.Call800-314-7003!
Bidding Opportunities in Cooper City
If you are bidding on public projects for the City of Cooper 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.
Cooper City is a city in Broward County and it is the 78th most populous city in the State of Florida. Cooper City was founded by and named after Morris Cooper, a New York garment district businessman and charitable benefactor from Kiev, Ukraine. It was Cooper’s vision to turn a about 700 acres into a thriving community. Cooper retired from the garment industry in 1959 to turn his full attention to developing a community in the Everglades, even though he had no experience in city planning or development. Most of the homes did not sell immediately, but Cooper pumped some of his own money into the project to keep it alive enough to see it sprout and grow. Today, Cooper City is an important part of the South Florida Metropolitan Area.
To this day, the City of Cooper City is largely single family residential properties with complementary commercial interests to serve that community. Cooper city is proud to have the fourth highest median household income in Broward County, and it makes Cooper City want to live up to its nickname, “Someplace Special.” The City believes in a sage balance of commercial and residential development, and in recent years has been encouraging more and more mixed use developments. But these goals don’t fulfill themselves. To accomplish what it wants, the City must work with local commercial interests to correct those places that need a little “sprucing up,” or as an alternative, to start anew. Call the Cooper City Surety Bond Pros Today at800-314-7003!
What factors are considered important by underwriters when getting prequalification for a contract surety bond? Underwriters look for things that indicate that a company is financially sound and therefore a good risk for issuing a bond. Specifically, they look at financial statements, works in progress, credit scores, what kind of cash flow the applicant has, the assets of the company, the net worth of the company and work history, among other things. When put together, the underwriter gets a snapshot view of the health of the company, which includes making an evaluation of the character of the company and its top personnel.
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Be prepared to submit balance sheets, work in progress schedules and various financial statements. The process of pre-qualifying requires continuing evaluation of your financial status. Other factors they look at is your work portfolio, your past performance and your history of claims made against you. As you can see, the process can be quite involved and sometimes it can be lot of work getting the paperwork together. But once it’s done, the hardest part is over, and from then on it’s more a matter of keeping your underwriter appraised of any changes in your financial status.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Cooper City, FL Surety Bonds
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.