Port Arthur, TX Surety Bonds

Contact Pro Surety Bond for the fastest quotes on 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. A surety bond counselor is only one call away to 800-314-7003.Call the Port Arthur Surety Bond Pros at 800-314-7003!

Speak to an Port Arthur Surety Bond Professional Right Now

Call 800-314-7003! What is a surety bond? A surety bond can be looked at a couple of different ways. One way is to think of it as a sort guarantee, one backed by a surety company, and to cover another party on a commitment you have made. Another way of looking at them is for what they are: insurance. Surety bonds are a type of insurance and they are regulated by the state’s insurance commissioner, but there is one thing specific to surety bonds that differs them from regular liability insurance. Surety bonds are a type of insurance that you purchase for someone else. For license bonds, it is almost always the government that wants the bond, in order to incentivize you to follow the regulations of your industry. Pro Surety Bond has over 25 years of combined industry experience, and we’re bucking for 25 more so call us today even if your credit isn’t great. Call 800-314-7003!

Bidding Opportunities in Port Arthur

If you are bidding on public projects for the City of Port Arthur 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.

Click Here for Bidding Opportunities for the City of Port Arthur

444 4th Street, 4th Floor

Port Arthur, TX 77640

Phone: (972) 412-6128

Map to Finance Department

The “PA”

Port Arthur is a city in Jefferson County and is the 63rd most populous city in Texas. Port Arthur is named after Arthur Stilwell, founder of the Kansas City Southern Railway, who established the area after a number of attempts by settlers. One of those attempts was Aurora, a platted town, but settlers stayed in droves as they say. The next attempt was Sparks, a town with promise because the railroad pass nearby. But the Civil War started, the tracks were yanked up, and hurricane pretty much did the place in the 1880s. Only Arthur Stilwell was able to get things up and running, with a port channel to boot.

Port Arthur means business, and the city isn’t afraid to show it. 1. It has instituted a series of tax incentives, which are governed at the local level, not the county or state. 2. There is a job creation incentives program which can range from $1000 to more than $17,000 per full time job, depending on salary etc. 3. Tax breaks of 25% or more on buildings that require special architectural or engineering input.4.A jobs training grant of $500 or more per employee. 5.A relocation grant of 15% or more to relieve the costs of equipment and key personnel relocation.  Call the Port Arthur Surety Bond Pros Today at 800-314-7003!

I am in the construction business. What kinds of information will I need to provide in order to be bonded? There are many types of bonds, and many of them require a simple credit check. If you are in the construction business however, you will need documentation that is a bit more involved. For a larger bond, underwriters usually need personal financial statements, corporate financial statements for the last three years, what jobs are currently active, credit line and those types of information. The exact documentation you will need will vary according to the amount of the bond, the state of the bond market, how much experience you have etc.

Immediate Port Arthur Surety Bond Quotes

What do license and permit bonds cover? License and permit bond cover different things according to which state you live in, but there are several standards things they cover. Probably the most common use of license bonds is to guarantee that if you incur a fine, there will be a sure means of paying it; another is in cases where your business takes advantage of some special privilege that could be hazardous to the public’s health, like if your business uses scaffolding; yet another use is when money or sensitive financial information is entrusted to a company, like a credit collection agency; finally license bonds can be used to guarantee that you will collect sales tax according to your agreement with the state. Note that some of these bonds are separate from license bonds in some states. For example, some states have tax bonds that govern collection. 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.