Call anyone you want, but always speak with a representative atPro Surety Bondwhen 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.Speak with out bond counselor immediately by calling800-314-7003Find out why our clients return to us to renew their bonds every year at a rate of 97%.Call the Southlake Surety Bond Pros at800-314-7003!
No More Need To Shop Around For Your Southlake Surety Bond
Call800-314-7003!What is a surety bond? A surety bond is a way of bolstering your reputation, so that you can be trusted to fulfill an obligation. If you are in business, it is almost certain that you have to obey some regulations, and the government needs something to energize you to do so. That something is a guarantee from you; but the government can hardly take you at your word, so you need a third party that you both respect who will vouch for you. The surety producer does just that. You buy the surety bond to cover the government in case they are any penalties, and for your money the surety promises the government that it will loan you the money in the short term to take care of any moneys owed to them. Pro Surety Bonds has over 25 years of combined industry experience. Call us today.Call800-314-7003!
Bidding Opportunities in Southlake
If you are bidding on public projects for the City of Southlake 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.
Southlake is a city in Tarrant County and it is the 103rd most populous city in the state of Texas. The site that would become Southlake was settled by pioneers on the 1840s, though it was not incorporated until 1956. It remained fairly remote and sleepy until Dallas Fort Worth International Airport was built, at which point the proximity to the airport made the place irresistible to people looking to settle down. In recent years, Southlake was named one of the best places in Texas to get a job, and it is known for its quality public schools and generally high degree of prosperity.
Southlake lies in one of the most rapidly developing areas of the state. It is a community with a vision to creating a community of active and engaged citizens who along with civic officials want a community dedicated to excellence and a high standard of living. Naturally, economic development is central to this aim, and Southlake as for that reason created the Community Enhancement and Development Corporation, which it believes will maintain the strong economy and community the city is known for. There are more than 3 million square feet of office space here, and nearly 4 million square feet of retail space. Call the Southlake Surety Bond Pros Today at800-314-7003!
How are assets evaluated when applying for a construction or contract bond? No surety will issue a bond unless the surety comes to the conclusion that the contractor can complete the project on time and according to code. This does not mean that the bond can be issued unsecured, because a chance still exists that he will default. Philosophies differ among underwriters as to what constitutes an acceptable asset. The Federal government has a list of acceptable and unacceptable assets, and many underwriters use it as a starting point.
Finding The Southlake Surety Bond You Need
Cash is King and it is almost always valuable as an asset. Equivalents like certificates of deposit and irrevocable letters of credit are also good, and after that come state securities, and stocks and bonds traded on one of the major exchanges in priority. Less desirable or undesirable would be foreign securities, futures interests in real property and a principal residence which would not be attachable because it is exempted by the Homestead Act. The rule of thumb is: the more subjective or speculative the value, the less it a can be considered a valuable asset.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Southlake, TX
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.