Wellington, FL Surety Bonds

Talk to the extraordinary team of surety bond agents at Pro Surety Bondnow. 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 can call us any day during business hours at 800-314-7003 We're here to take your questions. Call the Wellington Surety Bond Pros at 800-314-7003!

Wellington Surety Bonds for Any Size Business

Call 800-314-7003! What is a surety bond for? Surety bonds exist to back up a commitment one party makes to another. For instance, almost every business has regulations attached to it, and the government naturally wants to do everything to get you to follow them. There are fines, of course, but the government wants a guarantee that those fines can be paid, and that’s what the surety bond is for. The surety company has the financial backing to make sure that if any valid claim is made against the bond, the business will receive a short term loan to cover the claim. Call 800-314-7003!

Bidding Opportunities in Wellington

If you are bidding on public projects for the City of Wellington 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 Wellington

12300 Forest Hill Boulevard

Wellington, FL 33414

Phone: (561) 791-4055

Map to Finance Department

"Unique Hometown, Family Atmosphere, Family Environment"

Wellington is a city in Palm Beach County, and it is the 41st most populous city in the state of Florida. Wellington got its start as the world’s largest strawberry patch on land called the Flying Cow Ranch, so named because the founder was an aviator. Cow also comes from the aviator, namely the initials: Charles Oliver Wellington. Mr. Wellington bought 18000 acres on what would become the future Village of Wellington, and began planning the new community. Today Wellington is known for being named one of Money Magazine’s Top 100 Best Places to Iive, and for its equestrian sports.

Wellington has committed itself to sustainability, by which city officials hope to ensure the residents that Wellington remain a great hometown, in alignment with its motto. It began as a planned community, but over the years has become home of a regional hospital, regional mall, and the famous equestrian community. It isn’t all about expanding the tax base. The city wants to maintain the quality of life by maintaining the neighborhoods, creating jobs, creating new public spaces or save existing ones, and creating more educational opportunities. Call the Wellington Surety Bond Pros Today at 800-314-7003!

Will the status of my building projects affect my bonding? A surety company also examines thoroughly the financial status and trends of specific projects by referring to the work in progress (WIP) schedule. Analysis of the estimated cost to complete the remaining work could indicate how effectively or ineffectively the contractor’s resources are being utilized. They ca also measure the contractor’s bonding capacity. The estimated gross profit in the backlog gives the underwriter an idea of probability of profit in the future, if one assumes that the estimates hold up over time. The WIP can also indicate if a project is under-billed or overbilled.

Wellington Pro Surety Bond Is the Only Name You Need to Know for Bonds in

Will I need an audited financial statement when applying for a contract bond for my construction company? Many sureties today require full audited statements, examined by a CPA. It is the fullest account of a company’s financial position, as reckoned by standard CPA methods. It will include things like amount of risk of default, testing of account balances, an assessment of the internal control system in the company, and correspondence with the contractor’s attorney if necessary. They include the account’s opinion about whether the records were prepared with sound accounting principles. Give us a call at 800-314-7003

Related Links:

Wellington Municipal Page
12300 Forest Hill Blvd

Wellington, FL 33414

Phone: (561) 791-4000

Wellington Chamber of Commerce

12161 Ken Adams Way

Wellington, FL 33414

Phone: (561) 792-6525

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.