Schofield Barracks, HI Surety Bonds

Don’t buy that surety bond before getting a price from Pro 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. There’s nothing faster than calling 800-314-7003. Our agents love taking questions. Call the Schofield Barracks Surety Bond Pros at 800-314-7003!

One Of The Greatest Schofield Barracks Surety Bond Suppliers In Hawaii

Call 800-314-7003! What is involved with a surety bond? There are three parts to a surety bond, one is the person or company that is asked to fulfill some duty, there is the party that is having the duty fulfilled for them, and of course the surety company. In the case of a construction project, the principal (the one asked to buy the bond) is required to complete some segment of a larger project. But what if they don’t? What if they hold up the project? If that’s the case, the obligee, the party asking for the bond, will make a claim on the bond and use the money to find another subcontractor to complete the project. The principal is now responsible for paying the surety bond company back. Pro Surety Bond has over 25 years of combined experience in the surety industry fulfilling bond needs for everyone, whether they be good credit or bad. Call 800-314-7003!

Bidding Opportunities in Schofield Barracks

If you are bidding on public projects for the City of Schofield Barracks 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 Schofield Barracks

Schofield Barracks Budget & Finance Department

250 S Hotel St
# 305
Honolulu, HI 96813
Phone: (808) 586-1518
Map to Budget & Finance Department

Schofield Barracks Is The ‘Electric Strawberry’

Schofield Barracks, HI, population 17,000, is a community located in Honolulu County on the island of Oahu. The community was named after one General John McAllister Schofield, commanding General United States Army in the late 1800s, who is otherwise notable as the person to propose that a naval base be built at Pearl Harbor. Schofield Barracks is fairly famous, though you’d probably never know it. The community is the setting for From Here to Eternity, both the novel and the movie. Additionally, the community and the surrounding area were used for the film Tora! Tora! Tora! All in all, Schofield Barracks is a decent place to raise a family and live a decent life.

Despite its name, there is more to Schofield Barracks than barracks. These days much of the housing that was owned and maintained by the military has been rebuilt, refurbished and sold off to private interests. It’s all part of a general reduction in the military presence on the island, and military officials are alarmed that the reductions are too rapid and could compromise the nation’s ability to respond quickly to overseas contingency requirements. Otherwise Schofield Barracks is a community like others, with restaurants, bars, retail and other amenities. The job market in Schofield Barracks is, as you might expect, geared to the military, but efforts in recent years have been toward creating a more diversified economic base. Call the Schofield Barracks Surety Bond Pros Today at 800-314-7003!

Will bad credit hurt me when it comes to getting a surety bond? With few exceptions, NO! Without a doubt a good credit history is the most important influence of a surety bond premium. Bonding companies worry about credit because bonds, while technically a type of insurance, are not covered by the premium you actually pay. Rather, if someone makes a claim on your bond and that claim must be paid, then the surety bond will come to you in order to be recouped. In some cases you can have someone cosign for you, a process called co-indemnity. But even if your credit is not great, Pro Surety Bond has relationships with an incredible number of underwriters, many of whom work with clients with lesser credit.

We Are Among The Most Highly Rated Companies For Schofield Barracks Surety Bonds

What is the role of the underwriter in surety bonds? Their role is key. The underwriter, through his investigation of the worthiness of an applicant, offers a type of imprimatur on the capability of the principal’s performance and risk-worthiness. This type of endorsement is particularly important when it comes to a large project like a subdivision development, because it can make or break the applicant. Fortunately there are few out there who cannot receive any underwriting, and one of the roles of the underwriter is to separate this group from the rest. 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.