Surety bonds are what we’re great at, so callPro Surety Bondtoday for a fast and free 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.Who needs to learn about surety bonds when you can call800-314-7003And speak to a bond counselor?Call us any time.Call the Groves Surety Bond Pros at800-314-7003!
Making Things Easy For Groves Surety Bond Purchasers Is How We Got Our Reputation
Call800-314-7003!What is a surety bond? A surety bond is a type of guarantee, one backed by the financial security of a third party, namely a surety company. When it comes to retail or service guarantees, usually it is the reputation of the business and industry practice that allows consumers to expect and get a guarantee. That doesn’t work in all instances, like if you want a business license. Almost every industry has regulations, and those regulators want a guarantee that you will abide by those regulations before you can be licensed, but it has to be a guarantee that’s, well, guaranteed. In other words, regulators want a third party to back up your guarantee, and that’s where the surety company comes is. The surety has the financial reputation to back up the guarantee, even if the business owner doesn’t. If necessary they will put forward a short term loan to the business owner to cover any claim made against the bond. Pro Surety Bond has over 20 years of combined industry experience, and experience is how we got where we are. Call today even if your credit isn’t great. We have a program for almost everyone.Call800-314-7003!
Bidding Opportunities in Groves
If you are bidding on public projects for the City of Groves 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.
"a Great Place To Live, Work, Learn, Shop And Conduct Business."
Groves is a city in Jefferson, the third largest, and is it the 145th most populous city in the state of Texas. Groves got its start when one Asa E Groves looked upon a vast expanse of land near the Griffing Nursery and saw its potential. He bought 300 acres on the spot and convinced the nursery to plant pecan trees there, 2500 when all was said and done. In 1921 the Port Arthur Land Development Company took the area over and created a residential subdivision which they called Pecan Grove, but whose name was shortened to Groves by one Asa Grove, a representative of the developers. Today Groves is a vital part of the Beaumont---Port Arthur metropolitan area.
If you are considering relocating your business, Groves, Texas would like you to consider their city. If you need a little convincing, the city has a number of incentives to entice you, like a sales tax rebate of .5% of the Economic Development Corporations’ sales tax for 5 years, a reimbursement of water tap fees as well as sewer fees and sewer extensions, a construction debris removal service for those making capital investments, right of way assistance for ingress and egress of the city, and assistance with exterior remodeling, signage, etc of anything that adds curb appeal. Call the Groves Surety Bond Pros Today at800-314-7003!
What is the difference between contract bonds and construction bonds? They are for the most part the same thing, and both guarantee that a unit of work will be completed on time and up to code, of the project owner can make a claim against the bond to finish the project of redress a problem. Contract bonds could theoretically be used for any contract, though for the most part the construction industry use is by far the one that is most used. Why the different name then? Well some states happen to call them one thing and another state another.
What Types Of Groves Construction Surety Bonds Are There?
There are three major construction bond types. There are bid bonds, which guarantee to a project owner that a bidder on a project will bid seriously and not “just to see what happens.” They are in place so that the project owners’ time, and often the taxpayers’ money, is not wasted. Performance bonds guarantee the subcontractors performance on the project, meaning that the job of completed on time and of a quality that passes code. Finally there are payment bonds, which guarantee that the workers on a project be paid. Sometimes a materials are included in the payment bond depending on the state. It is customary to purchase all three bonds at once.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Groves, 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.