When you’re purchasing a new surety bond, call Pro Surety Bond before you buy. 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. If you need advice on how to go about purchasing a surety bond, call 800-314-7003. We can show you the ropes. Call the Kahului Surety Bond Pros at 800-314-7003!
No Effort Spared Getting You Among The Best Rates On Your Kahului Surety Bond
Call 800-314-7003! Why do I need a surety bond? A noble question that deserves a noble answer. In essence a surety bond allows another party to be “sure” that you will fulfill some obligation. For instance if you own a business that collects sales tax, you will have to establish that you are reliable and will deliver the goods as you have agreed. However, the department of taxation would prefer to have a backup measure to guarantee that you will abide by regulations, and that guarantee is why surety bonds were created. Pro Surety Bond has firmly established itself as one of the premier bond providers, doing so for both good credit and bad credit clients. Call 800-314-7003!
Bidding Opportunities in Kahului
If you are bidding on public projects for the City of Kahului 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.
Kahului, HI, population 27000, is a city in Maui County on the island of Maui. Kahului saw its first two European Americans in the 1850s when one Henry Baldwin and Samuel Alexander acquired land and built a sugar plantation and a sugar mill on the spot. Unfortunately, they built the facilities a little too far from the water and had to buildt a 17 mile irrigation ditch to solve the problem. It took two years but it made things work. After that the plantation flourished and the owners purchased more land to supply increasing demand. It was in fact the plantations that drew people to the area in significant numbers, and as a result housing and commercial services developed slowly but surely. Kahului was the first planned community in the state and in almost all of the Western United States in fact. Today the community is known for its large shopping centers and major retail outlets like Home Depot and the only Walmart on the entire island. There are also numerous bakeries, grocery stores, food and vegetable stores, and various other businesses that cater to the tourist industry. Kahului the is also the home of the Alexander & Baldwin Sugar Museum, the Maui Arts and Cultural Center, Kanaha Bond State Wildlife A sanctuary and the Kanaha Beach County Park.
As mentioned above, Kahului is the retail center for the entire island of Maui, and as you might expect it is the island’s most important source of income, probably because Kahului is one of the few places in Hawaii that is not considered a tourist destination. But like almost all of the rest of Hawaii, agribusiness is a prominent part of the local economy. Alexander & Baldwin, the sugar manufacture, is easily the largest employer in the city. In recent years operating income has grown substantially has seen tens of millions of dollars in development and sales operating profit. In 2015 the company experienced net income of nearly $30,000,000. Officials realize however that in order to move forward, the city will have to make some fundamental shifts by introducing more innovation into the economy and attempt to move away from farm products, and for this reason the office of economic development is constantly on the lookout for outside investors to put their money here.Call the Kahului Surety Bond Pros Today at 800-314-7003!
How do surety bonds differ from insurance? It’s important to understand that surety bonds are not insurance, at least not like you’re accustomed to thinking about them. They technically are insurance and are regulated by insurance regulators, but they do not pay your claim outright. When someone makes a claim against your bond, the surety bond company pays the claim if it thinks it’s valid, but that payment is essentially a form of credit. This means that you still have to reimburse the surety bond company, plus legal fees.
One Of The Speediest Kahului Surety Bond Providers In The Business
There are numerous applications for surety bonds. For instance, many industries are highly risky and there is a lot of pressure to “make things work,” The construction industry being a good example of this. A construction project has many entities working together and segments of the project need to be timed correctly in order for it to run smoothly and complete on time. A lot is at stake and surety bonds have played a large role in guaranteeing that subcontractors fulfill their duties. If they cannot finish the part they have committed to, a surety bond is in place to allow the completion of the project. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Kahului, HI
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.