Call now for the best rates on your surety bond atPro 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.Our agents are highly trained and eager to take your call at800-314-7003You’ll be in good hands with our agents.Call the Fredericksburg Surety Bond Pros at800-314-7003!
Quick Fredericksburg Surety Bonds at Great Prices
Call800-314-7003!What is a surety bond? A surety bond is a way of providing a third party backed guarantee for your work. Usually surety bonds are needed in situations where some type of risk management is needed, but where the risk of default is still low. For instance, if your business collects sales tax for the department of revenue, the government will want a way of being sure they can collect their money. Since surety bonds are backed by a financial institution, the government can rest assured that if it needs to make a claim, the means will be there. Pro Surety Bond has over 25 years of combined industry experience, and we’ve only just begun. So call us even if it seems like getting bonded isn’t worth the time. We can make thing so quickly.Call800-314-7003!
Bidding Opportunities in Fredericksburg
If you are bidding on public projects for the City of Fredericksburg 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.
Fredericksburg is a city in Gillespie County and it is the 209th most populous city in the state of Texas. The town was named after Prince Fredericksburg of Prussia, and founded by Baron Otried Hans von Meusebach, a German nobleman who dropped his title to accommodate the more democratic nature of his new country. He also played a role in the Meuseback-Comanche Treaty, a legendary peace pact with the local native americans. Today Fredericksburg is known as the home of Texas German, a dialect of German spoken by German settlers, and as being the birthplace of Fleet Admiral Chester Nimitz.
Fredericksburg has become known as the Peach Capital of Texas and as you might expect, the agri-tourist business is an important sector of the economy. The first peach trees were planted here in 1921 by a math and science teacher named Benjamin Lester Enderle. He them began marketing the fruits through a grocery chain. The groves currently are 5000 in number and cover over 150 acres in the county. Fredericksburg is also known for the 200 acre Wildseed Farms seed farm. Call the Fredericksburg Surety Bond Pros Today at800-314-7003!
What are surety bonds for? Bonds are a form of risk management, similar to liability insurance, except surety bond do not cover the party paying the premiums. They are a three way agreement between a business, the government or some other entity wanting a guarantee of some sort related to a responsibility from the business, and the surety which does the guaranteeing. If the bond is a contract bond or construction bond, you might find the surety taking on a significant role in the project if the principal defaults. Sureties can offer managerial, technical or financial assistance to keep a company from defaulting.
Fredericksburg Surety Bond Requirements Filled Swiftly
I own a contracting business. What do I need to know about bidding on public work projects? In recent years there have been some stimulus packages to create thousands of jobs. At the same time the private jobs have been shrinking, so many have looked to the public sector for projects. One thing that you will find with all but the smallest projects is the fact that you need to be bonded to bid. With federal projects, it all boils down to the Miller Act, created to keep the government from having to pay twice for projects when subcontractors cannot finish a project.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Fredericksburg, 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.