Pro Surety Bondonly knows surety bonds, so call today if you need a surety bond renewal. 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.When you call800-314-7003You’ll speak to a bond professional who has more information to help you through the confusing surety bond purchasing process.Just pick up the phone right now.Call the Horizon City Surety Bond Pros at800-314-7003!
We Earn Our Money By Making The Purchase Of Horizon City Surety Bonds Easier
Call800-314-7003!What is a surety bond? A surety bond is a guarantee, short and simple. With most consumer items and services guarantees are backed up with the reputation of the business, but your good reputation won’t carry the day in some cases, like if you want a business license. In order to receive a business license in most places, you need to promise that you will abide by the regulations of your industry. But since your reputation won’t back your promise, you need to find someone with the good reputation that you can’t acquire practically. Here comes the surety company to the rescue. The surety has the funds and reputation to back up your guarantee, and in the unlikely event that you have a claim made, the surety can offer you a short term loan to cover the short term claim. Pro Surety Bond has over 20 years of combined industry experience, and with experience comes wisdom, so call use even if your credit isn’t great. We have a program for most credit markets.Call800-314-7003!
Bidding Opportunities in Horizon City
If you are bidding on public projects for the City of Horizon City 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.
Horizon City is a city in El Paso County and it is the 146th most populous city in the State of Texas. Horizon City is a new city, only being incorporated in 1988, and it takes its name from the Horizon Corporation, which developed the site in the 1960s. The Horizon Corporation also bought up large tracts of land all over southwest Texas, had them plotted and sold them as investments internationally, often sight unseen. Many of these plots had no access to water lines of sewage. Today Horizon City is a vital part of the El Paso metropolitan area.
Horizon City understands the importance of economic diversity and has taken steps over the years to make sure that the city has policies and incentives to ensure the steady growth of the tax base. The Economic Development Corporation has the funding and discretionary powers to provide financial assistance to those entities that provide primary jobs. Industries most eligible are manufacturing, research and development, job training, military facilities, sewage and solid waste disposal, and transportation and distribution facilities. Call the Horizon City Surety Bond Pros Today at800-314-7003!
What is a principal in a surety bond transaction? The principal in a surety bond transaction is the party that needs to provide a guarantee to another party, the obligee. In the case of license and permit bonds, the principal is almost always a business in need of a business license. These could include mortgage brokers, car dealerships, nursing home operators, and fruit transporters. The principal can only get the license from the obligee, almost always the government, and it guarantees any number of things, including honest conduct in business transactions, and collection of sales tax.
What Kinds Of Horizon City Contact Bonds Are There, besides the Standard Trio of Bid Bond, Performance Bond And Payment Bond?
Besides those three, there are maintenance bonds, which are like performance bonds, but cover the work and quality of the materials used in the project past the project completion time, typically one year. There are subdivision bonds, which guarantee that a contractor that takes on a subdivision product will create public use structures—like curbs, sidewalks, water and sewage line, streets—according to state regulations. Site improvements bonds are like subdivision bond in that they guarantee that public use structures are built to code, but they also guarantee that, say, should a business have to dig up or otherwise modify something like water lines, that the work they do will not disrupt use (unless permitted), or cause damage to said structures.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Horizon City, 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.