Del Rio, TX Surety Bonds

Fear no more, Pro Surety Bond is here to find you the best bond premiums. 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. Find out why our clients rave about our service by calling 800-314-7003 We’re sure that you’ll have a great experience and find a bond worth the price. Call the Del Rio Surety Bond Pros at 800-314-7003!

Del Rio Surety Bonds for Any Size Business

Call 800-314-7003! What is a surety bond? We’re glad you asked! A surety bond is a way of bolstering your word in times when your word alone isn’t enough. Let’s say you rely on someone you don’t know well to fulfill some obligation. It puts you in a quandary because you more of less have to take them at their word. What if they told you that another guy would fulfill the promise for him, in case he couldn’t? You’d jump on that, and that’s how surety bonds work. If you need a business license, you need to promise that you will uphold the regulations of your industry, and they ask you the take out a surety bond from a surety company, who in turn is the party that makes sure the promise is fulfilled, usually in the form of a temporary loan to you. Pro Surety Bond has over 25 years of combined industry experience so call us even if your credit isn’t great. Call 800-314-7003!

Bidding Opportunities in Del Rio

If you are bidding on public projects for the City of Del Rio 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 Del Rio

109 W. Broadway

Del Rio, TX 78840

Phone: 830-774-855

Map to Finance Department

Heart And Soul

Del Rio is a city in Val Verde county and is the 83rd largest city in the state of Texas. The city was originally settled by the Spanish on the south side of the Rio Grande River, though the part in the United States today was not developed until after the American Civil War. Developers had acquired land near the San Felipe Springs in exchange for building canals to channel the springs for irrigation, which were completed in 1871. The town was called Sal Felipe Del Rio originally because town lore said that a Mass was said on the site on St Philips Day in 1635. Today Del Rio is connected with Ciudad Acuna via Lake Amistad Dam International Crossing. It is also home to the Laughlin Air Force Base, the busiest Air Force pilot training complex in the world

The Del Rio Economic Development team is here to help those businesses that want to relocate to a more business positive city, and their commitment is limitless. Among the services provided are demographic information, incentive coordination with the state, site relocations and real estate assistance, labor market figures, information on utilities and workforce training. The development team also works with the Del Rio Chamber of Commerce to bolster and incentivize economic activity in the city and to create more opportunities for its citizens.  Call the Del Rio Surety Bond Pros Today at 800-314-7003!

Can you explain a little more exactly how surety bonds work? Sure. A surety bond is not related to municipal bonds in case you were confused. A surety bond is in fact a three way contract, the first party of which is the obligee, who is the party that needs coverage; the second party is the party that the obligee needs protection from, also called the principal; the third party is the obligor, which is the party that does the actual coverage. Let’s see how this works out in the case of the construction industry.

Superb Premiums with Unrivalled Service on Del Rio Surety Bonds

The government has a big building project, one that has tons of subcontractors. If a subcontractor goes bust, the government is left with the bills, so they need coverage from the subcontractors. So the obligee needs the principal to buy a surety bond as a form of insurance coverage. Then the obligee, the obligor and the principal get together and sign the contract which states that in the event that the subcontractor cannot fulfill his end of the obligation, ie finish his segment of the contract on time and up to code, then the surety company will provide the funds to make sure the job gets done right, with the bill going to the principal. 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.