Experience the Pro Surety Bond customer service experience. 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. Need a bond quickly? Call 800-314-7003 now. We think you’ll like what you hear. Call the Kenmore Surety Bond Pros at 800-314-7003!
Get A Competitively Priced Kenmore Surety Bond From Pro Surety Bond
Call 800-314-7003! What are surety bonds? Surety bonds are a way one party can provide a guarantee to another party, but with a third party making sure the guarantee is provided. Say you own a bar or restaurant that serves liquor. Liquor regulations are strict and the government would like a little something that will back up your word that you will adhere to liquor industry codes, so the liquor authority requires you to purchase a bond from a bond provider. The thing is that the bond covers the liquor authority if you can’t keep your promise, and the guarantee is provided by the surety provider. Pro Surety Bond has over 25 years of combined industry experience, offering some of the best bond rates the industry has to offer, even for those whose credit is not great. Call 800-314-7003!
Bidding Opportunities in Kenmore
If you are bidding on public projects for the City of Kenmore 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.
Kenmore, Washington was dense north pacific forest for the longest time, and owned by investors. An investor, one Philo Remington (guns, not electric shavers), sold some of the property to his son in law, who erected a water tower, which in turndrew squatters and this is the beginning of what would become the city of Kenmore. The city got its name from a Canadian husband and wife team named the McMasters, who were from Kenmore, Ottawa and wanted to honor their hometown. Today Kenmore is a vibrant city of culture, with the Kenmore Art Gallery at City Hall, the Arts of Kenmore a non profit dedicated to encouraging participation in the arts, and the Kenmore Performing Arts Center, a 600 seat theater on the campus of Bothell High School.
Kenmore wants to make itself a future business hub in Puget Sound and so decided investing in the development of health sciences and technology was the best way to go. A business zone has been set up to attract entrepreneurs who it is hoped will make the city a leading center for discovery and development for generations to come. Kenmore believes its location on the tip of the Lake Washington is ideal. Other projects of economic development include Kenmore Village, which is designed to revive the downtown area; and Lakepointe which is a waterfront development project. Call the Kenmore Surety Bond Pros Today at 800-314-7003!
How do contract surety bonds work? Contract surety bonds are most common in the construction industry, and it is the industry in which surety bond producers have to most active involvement. They are prominent because if a subcontractor on a large government building project, the entire project can be thrown out of kilter, and surety bonds exist to prevent this. The project owner will ask subcontractors to take out a bond to get the subcontractor to show that he has the wherewithal to get the job done, on time and up to standard. If it happens that he cannot, but surety may be called in to “save the day.”
Call Us For Your Kenmore Surety Bond Needs
What do bond underwriters do? Underwriters determine how much of a risk you are for defaulting on a surety bond. For bonds like license and permit bonds, the underwriter may only ask for a credit check to make the evaluation, but if you are in a business like the construction business, more evaluation will be necessary. The construction industry is highly risky, and in the process of examining an applicant they may look at things like financial credentials, a list of past projects, a list of currently open projects and various licensing and registration documents. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Kenmore, WA
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.