CallPro Surety Bondbefore you make a bond purchase. 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 only need to call800-314-7003for a fast and free quote.Call now to speak with an agent.Call the Universal City Surety Bond Pros at800-314-7003!
Call Us Any Time Today For A Universal City Surety Bond
Call800-314-7003!What is a surety bond? A surety bond is a way of getting a third party to bolster a party’s promise to fulfill some obligation. There is virtually no business that is exempt from regulation, and regulators usually want a guarantee from the business owner that they will follow the regulations. That’s where the surety company comes in. The surety has the financial strength to be able to credibly back up a promise of its client, and if need be the surety will provide a loan to the business if there is a claim made against the bond. Pro Surety Bonds has over 25 years of combined industry experience. Call us today for a fast and free quote.Call800-314-7003!
Bidding Opportunities in Universal City
If you are bidding on public projects for the City of Universal City 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 formore information.
Universal City is a city in Bexar County, and it is the 133rd most populous city in the state of Texas. Universal City started out as the project of three San Antonio doctors turned land speculators in anticipation of the arrival of a new air force base. It is located across the Union Pacific Railroad tracks from the main gate of Randolph Air Force Base. The air force base opened in 1931, as Randolph Field, and the first business to open on that side of the tracks was a filling station. Today Universal City is an important part of the San Antonio metropolitan area, and is still the home of Randolph Air Force Base.
The Universal City Industrial Development Corporation is a sales tax funded assistance program that offers support to qualifying companies relocating. Services provided include appropriate expansions, infrastructure development, site development and façade improvements for qualifying operations. Each application is examined on a case by case basis, and all incentives are subject to approval by the Board of Directors and the City Council. Major criteria taken into consideration are the number of jobs created or retained, size of capital investment and amount of sales tax projected. Call the Universal City Surety Bond Pros Today at800-314-7003!
What are construction bonds? Construction bonds are used on construction projects to protect the project owner from default on the part of the subcontractors on the project. It goes without saying that construction project budgets are usually very large if not massive, and the pressure to make sure that everyone finished up their segment of the work on time and according to schedule is vital. This is especially true of federal building projects, and to reduce the threat of mishaps, the Miller Act was created to require bonding on any public works project undertaken by the federal government over $100,000. Most states have similar requirement for their projects.
What Are Your Universal City Surety Bond Requirements
When we speak of construction bonds, we are almost always talking about a bundle of three bonds. The first if the bid bond, which protects the project owner from frivolous bids made by irresponsible subcontractors who try to commit to obligations they cannot fulfill. The second bond is a performance bond, which is the bond most people think of when you say construction bond. The performance bond guarantees the, well, the performance of the contractor on the project; specifically it guarantees that any work the subcontractor does will be finished on time and up to code. The final bond in the trio is the payment bond, which makes sure that there are funds to pay all the employees working under the subcontractor.Give us a call at800-314-7003
The Surety Bonds We See Most Commonly in Universal City, 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.