Federal Way, WA Surety Bonds

Call us now at Pro Surety Bond for a free bond quote. 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. Get the information you need to make a good decision on your surety bond by calling 800-314-7003 Our customer service is without peer at Pro Surety Bond. Call the Federal Way Surety Bond Pros at 800-314-7003!

A Trusted Name In Federal Way Surety Bonds

Call 800-314-7003! What is a surety bond? A surety bond is a three party agreement/contract in which one of the parties (the surety) pledges to indemnify one of the other parties (the obligee) if the other guy (the principal) doesn’t some through on a commitment. The obligee requires a bond from the principal, who goes to the surety to buy the bond. The surety then does a background check, usually involving a credit check, and determines the financial and professional soundness of the principal. If the principal is found to be sound, the surety issues the bond and in the event the principal does not fulfill his commitment and a claim is made on his bond, the surety bond will pay off the claim and approach the principal for reimbursement. Pro Surety Bond has over 25 years of surety industry experience, tracking down the most attractive rates in its network of underwriters. And even if your credit it not great, we have a program for just about everyone. Call 800-314-7003!

Bidding Opportunities in Federal Way

If you are bidding on public projects for the City of Federal Way 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 Federal Way

Federal Way Finance Department

33325 8th Ave S
Federal Way, WA 98003
Phone: (253) 835-2500
Map to Finance Department

Federal Way: It's All Within Reach

Federal Way is a city in Washington State and King County, located about half way between Seattle and Tacoma. Like much of the pacific northwest, Federal Way started as a logging settlement. The unusual name has a fairly boring origin: it was named after the Federal Way School District, which in turn was named after Federal Highway US 99 which ran through town. Eventually the chamber of commerce copped the name and it stuck, though the city was not incorporated until 1990. Today the quality of life in Federal Way is spectacular. It has abundant housing options to match any level of taste, and that includes waterfront properties to regular apartment housing. All in all, it’s a great place to raise a family.

Economic development is an important part of Federal Way’s survival, and has maintains a business friendly atmosphere by providing a highly skilled workforce and offering a range of real estate locations available fr retail, service, office and support offices. The abundant and varied housing availability means that the city can house a company’s employees no matter the wage status. The city, in conjunction with the US Department of Housing and Urban Development, offers several business assistance programs. There are small business loans which provide very low interest rate loans to create and retain jobs in low to moderate income neighborhoods, there are micro-enterprise loans, and there are commercial exterior improvement programs. Call the Federal Way Surety Bond Pros Today at 800-314-7003!

How do I choose a bond provider? It’s important that you not go with the very first company you come across, because you wouldn’t do it with most other things you buy. Some basic question should be answered during your vetting process: is this producer specifically authorized to issue surety bonds? Can the provider maintain a relationship with the client and keep lines of communication open? Does the provider offer other business relate services? Is you provide licensed in your state and authorized to sell sureties in your jurisdiction?

Supplying Some Of The Most Economically Priced Federal Way Surety Bonds

What is the difference between liability insurance and surety bonds? Imagine if you owned a plumbing business and on one of the jobs you damaged your customer’s property. You would need liability insurance to cover you in that case. But let’s say that for some reason you couldn’t finish the plumbing job…because you had and emergency or something and had to leave town. Your client is stuck with a house with incomplete plumbing. In that case the pressing problem is getting the plumbing working, and your client could make a claim on your bond in the short term and hire someone else to finish the job. 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.