West University Place, TX Surety Bonds

Talk to our spectacular team of representatives at 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. Our agents can take your call at 800-314-7003 Our service is fast and friendly. Call the West University Place Surety Bond Pros at 800-314-7003!

Reasonably Prices West University Place Surety Bond Premiums Delivered Quickly

Call 800-314-7003! What is a surety bond? A surety bond is a way of making a professional commitment credible in instances where professional reputation will not suffice. For businesses that want a business license, there comes the responsibility for making sure they obey the regulations of that industry, and in order to encourage you to do so, the government requires a surety bond from a licensed surety that has the financial reputation to back up what a business cannot. That is what businesses are paying for: for the surety to take on its risk, often unsecured, for a small amount up front for the business. If a claim is made against the bond, the surety will loan the business the money temporarily to handle the short term need to settle the claim. Pro Surety Bond has over 25 years of combined industry experience, so we know we can get the job done. Call us even if your credit is not great, we have found great deals for others and we might be able to do the same for you. Call 800-314-7003!

Bidding Opportunities in West University Place

If you are bidding on public projects for the City of West University Place 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 West University Place

3800 University Boulevard

West University Place, TX 77005

Phone: 713-668-4441

Map to Finance Department

The Neighborhood City

West University Place is a city in Harris County, and it is the 168th most populous city in the state of Texas. The city got its somewhat unusual name from its proximity to Rice Institute, today Rice University. The city is one peculiar distinction: almost all the street names in the city are allusions to universities, colleges and poets. Today West University Place is an important part of the Houston the Woodlands and Sugar Land metropolitan area, and it has the fifth highest fraction of households with incomes greater than $150,000.

West University Place was designed to be a community of country homes, on the instructions of Tennessee Governor Ben W Cooper in 1910. Within the first few years about 40 families would come, and a few years after that incorporation as an autonomous enclave within Houston. In by the 1920s there was pressure to build more homes so anywhere there were none, they were build. By the end of World War II West University Place was surrounded by Houston’s outward development into the suburbs.  Call the West University Place Surety Bond Pros Today at 800-314-7003!

My bonding costs have risen because of circumstances out of my reach. Can I get a loan for my bonding needs? The Small Business Administration does not offer loans but if you are a small contractor, the Small Business Administration has a program whereby those contractors who fall just out of boundaries of bondability can get SBA surety guarantees. You must 1. Determine if your business is classified as small. (Criteria can be found at sba.gov.) 2. You must be in need of a guarantee in order to get underwriting. 3. The project in question must not exceed $6.5 million or $10 million for federal projects that require a guarantee. 4. You must be able to meet standard credit, capacity and character requirements. See sba.gov for more details.

A Resource For Your West University Place Surety Bond

Are there alternatives to surety bonds? Yes and no. There are alternatives to everything if you want to pay the money. Some options require collateral, some require high costs in the respect that lost investment income is decreased. You can post your own assets, a well, but that decreases your liquidity. Another problem is claims. If a claim is made against a bond you have purchased, it is the surety’s duty to investigate the claim. Obviously the surety doesn’t want to pay out claims if it doesn’t have to so you at least have that working on your side. With other alternatives, that is not usually the case. 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.