It’s worth your time to contact Pro Surety Bond about your next surety bond requirement. 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. To speak to a bond agent with skills, call 800-314-7003. We’ll show what a superb surety bond team looks like. Call the Milwaukie Surety Bond Pros at 800-314-7003!
Only Excellent Service On Milwaukie Surety Bonds
Call 800-314-7003! What are surety bonds? A surety bond is an agreement backed by a surety company to guarantee that its client, the principal, will fulfill some obligation, lest the obligee, the party requiring the bond from the principal, make a claim on the bond. If this happens, the surety will investigate the claim and come to a decision on whether to pay the claim or not. If it does the surety, aka, the obligor, will go to the principal for repayment. It’s important to remember that although the principal pays for the bond, the obligor is committed to the obligee primarily. Pro Surety Bond has over 25 years of combined industry experience, racking up great sales through its aggressive search for the best rates we can find for our clients in our network of underwriters. Even if your credit has seen better days, call us for a fast as free quote. We have something for almost everyone. Call 800-314-7003!
Bidding Opportunities in Milwaukie
If you are bidding on public projects for the City of Milwaukie 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.
Milwaukie, population 20,000, is a city in Clackamus County and the State of Oregon. Yes, it’s spelled differently and yes, it’s named after the city in Wisconsin. The divergence in spelling actually is the fault of the Wisconsin version, which changed its spelling first, “Milwaukie” being the more authentic. The spot that would become Milwaukie was settled in 1848, based on a land grant claim by one Lot Whitcomb, who build a sawmill and a gristmill here. One time Milwaukie battled it out with Portland and Oregon City to see who would be the alpha dog city in the region, but alas, Portland won that race and Milwaukie has had to settle for being the birthplace of the Bing cherry, which was developed by an orchardist named Seth Lewelling. Today Milwaukie features cuisines of all sorts, thanks to the ethnic diversity of the 19th century including the German, Polish and Scandinavian immigration. An interesting characteristic about the city: people who were born here tend to stay here and raise their families. Some move away, but it’s not unknown for people in their 40s to maintain friendships they’ve had since high school.
One of the most important projects Milwaukie has undertaken in recent years is the revival of the downtown area, which includes new apartments, new retail space and a riverfront park. But this is Oregon, so the coffee shops and farmer’s markets aren’t going anywhere. Top employers in Milwaukie include Unified Grocers the grocery store cooperative, PCC Structurals makers of metal fabrications, forged components, industrial gas turbines and other aerospace goods used by the military. The economic development is always on the lookout for investors to bring their companies to Milwaukie, and use its strategic location near highways 99E, highway 224, Interstate 205, and being 9 miles from Portland International Airport as a draw. Call the Milwaukie Surety Bond Pros Today at 800-314-7003!
What are some of the differences between surety bonds and insurance? You’ve probably seen the term “bonded and insured” but never gave it a second thought as to what they meant or what the difference was. They are not the same thing, and one example to illustrate the difference is that of a tradesman who comes to your home. He is insured in case someone crashes into his truck while he is at your home fixing your toilet, but he is bonded in case he does damage to your home. With insurance, the person paying the premium is covered, but with a surety bond it’s the “other guy” who is covered. It’s essentially a way of making someone else buy insurance for you.
Unparalleled Customer Service On All Milwaukie Surety Bonds
What types of surety bonds are out there? If you’re reading this you probably need a license and permit bond, ie a bond required by your local or state government in order to get a business license. These are probably the most common sort of bond, but other types, like bid bonds are specific to the construction industry. With a bid bond, you are saying to a construction project owner that you are not placing a bid on his project just for the heil of it. It happens sometimes that subcontractors make bids on projects and haven’t conscientiously worked out how much they can truly bid and win on a bid on a project that they cannot undertake, thus wasting the project owner’s time and resources. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Milwaukie, OR
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.