Pro Surety Bond has some of the most highly skilled bond advisors in the industry. 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. You won’t wait for your bond, so call 800-314-7003. Don’t buy that surety bond until you’ve spoken with Pro Surety Bond.Call the Redmond Surety Bond Pros at 800-314-7003!
A Full Service Redmond, Oregon Surety Bond Provider
Call 800-314-7003! What are surety bonds? If there were one word that fit every example of how surety bonds are used, that word would be “guarantee.” Surety bonds are in fact a sort of insurance, but insurance that is paid by by you to cover someone else. That someone else is called the obligee, and you are the Principal. If you are here looking for a bond required before you can receive a business license, then the government regulatory body that wants you to buy the bond is the obligee. In cases like this, the bond is required as a way of getting businesses to operate honestly and in good faith. If you do not, the government can make a claim against the bond. If the surety agrees that the claim is valid, it will pay it and pursue the principal for the money. Pro Surety Bond has over 25 years of combined experience, searching high and low for among the most affordable bond premiums it can find. Call 800-314-7003!
Bidding Opportunities in Redmond
If you are bidding on public projects for the City of Redmond 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.
Redmond, population 27000, is a city in Deschutes County and the state of Oregon. The city gets its name from one Frank T Redmond, a settler to the area in 1905. A year later the Central Oregon Irrigation District platted the land near one of its canals, and when the railroad came through in 1911, the community and its agricultural products became available to the world. An Air Force base opened nearby, creating the growth streak that has made the city look the way it does today. Today Redmond enjoys a reputation for progressiveness and amenities. For this reason it is a favorite of all age demographics, from young families with children, to retired boomers. The prosperous residents support upscale restaurants, brewpubs, a great farmer’s market, and outdoor skating. There are also a host of outdoor events, like open air concerts, and it has a burgeoning antiques and art scene.
Along with its commitment to progressiveness, Redmond Oregon wants to make clear that the city’s leadership is also committed to economic growth, and promotes its business friendliness regionally, nationally, and internationally. Small businesses about in Redmond, and it is especially attractive to entrepreneurs who want to set down stakes in a place that is beautiful, has an educated, flexible and optimistic workforce that can tackle the challenges of the present and future. Redmond is the home of the region’s commercial airport, near US Highway 97 and US Highway 126, placing it in an ideal location for commercial growth. Especially welcome are high tech industries and internet based corporations. Call the Redmond Surety Bond Pros Today at 800-314-7003!
What is the advantage of a surety bond over other types of surety coverage, like letters of credit? Here is the main reason surety bonds are superior to other kinds of coverage: the surety bond will save you a ton of money if your business is reliable and financially healthy. With a letter of credit, that bank doesn’t care about how financially secure your business is, they want collateral for everything, even though the odds of you defaulting are small. Surety bonds are priced according to how financially stable your company is, and if it determines that the risk is small, it can offer you coverage for something bad that will almost never happen.
Get A Quick Quote On Your Redmond Surety Bond
How can I avoid a bond claim? A bond claim can hurt your reputation, and avoiding them should be a high priority for you. One way to do this is to make sure you read your contract well so you are sure that you know what is expected of you. With license and permit bonds, it’s mostly a matter of becoming familiar with all the regulations of your industry. With things like construction bond, the contracts can be complex, and that’s why it’s imperative that you draft your contract with care so there are no surprises somewhere down the road. Give us a call at 800-314-7003
The Surety Bonds We See Most Commonly in Redmond, 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.