Pro Surety Bond is one of the leader in surety bond premiums and 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. Why not call 800-314-7003 now and speak to an agent? They can explain surety bonds to you? Call the Covington Surety Bond Pros at 800-314-7003!
Covington Surety Bond Quotes At Their Quickest
Call 800-314-7003! What is a surety bond? A surety bond is a guarantee made by a surety company to pay penalties or losses incurred by one party for another party. So let’s say you own a business that collects sales tax for the department of taxation. You have made a commitment to the department that you will make your deposits monthly, but the department would like something that will back you up. That is why they make you get a surety bond before you can be licensed. If for some reason that you cannot make your deposit, the surety company is there to fulfill the obligation. Keep in mind though that the surety company is only lending the money and the purchaser is still liable. Pro Surety Bond has over 25 years of combined experience in the bond industry, and we can make it work for you as well. Call 800-314-7003!
Bidding Opportunities in Covington
If you are bidding on public projects for the City of Covington 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.
Covington Washington got its start as Jenkins Prairie, but the origin of Covington is not known for certain. Town lore says it was named after someone who worked at the Northern Pacific Railroad, which built a cutoff line near Jenkins Prairie, which that dramatically the location’s profile. Recently Covington was named one of the most boring cities in Washington by movoto.com, a state of affairs which officials embraced enthusiastically. They admitted that there was not a heck of a lot to do, but that it was safe, friendly, and while excitement was not the city’s strong suit, it’s quietness was a selling point in and of itself.
Are you a business owner? If so you won’t find a wider range of information and data to guide you through the business licensing process, zoning, building codes and application process than with the city of Covington. The economic development team is dedicated to helping new businesses get the information they need to do business easily in their city. Covington is situated in an ideal part of King County and the strong retail core reflects this fact, because big brands abound. The population of Covington is only about 17000, but retail trade here server more than five times that number, and people from all over the region come here to shop, eat, seek entertainment, and generally enjoy what the town has to offer. Call the Covington Surety Bond Pros Today at 800-314-7003!
What kind of things does a surety company look at in a construction company that seeks bonding? Surety companies need to create a profile of the company that can give a quick top to bottom look at the health of the company. The might look at the structure of management, organizational charts, the tenure of current management, the length of time the contractor has been in business and overall it looks at how well a company is run and whether they are keeping good accounts.
Call Today For Some Of The Best Rates On Convington Surety Bonds
I’m new to bonding in the construction industry. Are there anything special I need to know? Yes. One of the most important things you can do is shop around for a bond producer, because they are not made equal, and they can charge varying rates; also remember that if you get stuck, that the Small Business Administration has a program that co-insures surety bonds at 80% of the job, which is good for companies who have been in the construction industry but have not worked with bonding. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Covington, WA
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.