Lake Forest Park, WA Surety Bonds

Consult Pro Surety Bond when buying your next 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. Don't hesitate to call 800-314-7003 to talk to a surety bond agent now. Speak to someone who knows the industry. Call the Lake Forest Park Surety Bond Pros at 800-314-7003!

Optimal Bond Rates For Lake Forest Park Surety Bonds

Call 800-314-7003! What is a surety bond? A surety bond is a way for the government to get you to follow through on your promise to be faithful to the regulations of your industry. The way it works is: the government requires a surety bond from you before they can license you, and you in turn purchase the bond from a surety producer. All three of you enter into an agreement that the surety will come through to provide the guarantee if needed, though you remain the liable for the amount. Pro Surety Bond has over 25 years of combined experience, finding superb deals for its clientele good credit and bad credit. Call 800-314-7003!

Bidding Opportunities in Lake Forest Park

If you are bidding on public projects for the City of Lake Forest Park 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.

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Lake Forest Park Finance Department

17425 Ballinger Way NE
Lake Forest Park, WA 98155
Phone: 206-368-5440
Map to Finance Department

Where Man And Environment Work Together

Lake Forest Park is a city in King County, Washington at the northern tip of Lake Washington, near the cities of Seattle, Shoreline, Mountlake Terrace and Kenmore. The Lake Forest Park area has been settled for a long time with the Lake People being the first inhabitants who fished the salmon rich streams. The first platted lots appeared around 1910, though the city was not incorporated until 1961. Today Forest Lake Park is a city of parks, with Blue Heron Park and Eagle Scout parks being prominent; urban wildlife which allows the city to maintain a healthy ecosystem that allows for cohabitation with humans and wildlife; and a recreation partnership with Shoreline which allows for discounted access to recreation programs.

Lake Forest Park is committed to the city’s duty to be trusted stewards of the public’s resources, with city officials creating partnerships locally and regionally to maintain the quality of life residents are accustomed to. The plan to do this with engagement with residents and nearby communities to provide a high quality of life to everyone if possible. Transparent engagement is the key here, because Lake Forest Park realizes that resolve to do what is right for the citizens despite political pressure, and to deliver programs and services in a manner that allows the city to uphold its integrity. Call the Lake Forest Park Surety Bond Pros Today at 800-314-7003!

What is the difference between insurance and surety bonds? Surety bonds are part of the insurance industry, and they are regulated by your state insurance commissioner, but they behave somewhat differently. First of all, insurance is designed to cover you in case of an accident, and that is how premiums are calculated: with the expectation of payouts to someone somewhere. On the other hand, surety bond applicants are vetted for their level of risk before being issued a bond, and approval only comes to those whom the underwriter believes will never need a payout. This difference is crucial, because that’s why surety bonds can be so cheap: payouts are rare.

Lake Forest Park Surety Bonds For Trustworthiness

I need a construction bond; what kind of information will I have to submit in order to be bonded? That will depend mostly on the surety, because not every surety looks at the same things, but there is a great amount of overlap in what they want to see. It will also depend in how much coverage you need: the more coverage the more information that needs to be submitted. For larger bonds expect to have to produce personal financial statements, the last three years of corporate financial statements, documentation related to how much bonding capacity you currently carry, information on the projects you are currently undertaking, and various documents related to being in business like a trade license and certificate of insurance. Give us a call at 800-314-7003

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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.