If you are a contractor that needs to get bid bonds so that you can bid on larger jobs, you can always find a company that can issue surety bonds, wherever you happen to live. There are many different companies that offer these. They will have several different types. This could be not just surety bonds but also performance bonds, and they should have them available in all states. Here is a quick overview of a company by the name of Bonds Express that you should consider getting your bonds from.
What Exactly Are Bid Bonds?
These are bonds that act as a debt secured by someone that is going to be a better on a construction job. They are a form of guarantee for the person that is offering the job. If this person that takes out the bond does not complete the work, the company that hired them can get their money from the bond that they secured. It’s easy to do, but you do have to find a company that can provide you with one quickly and offers a fair price for them.
What Other Types Of Bonds Could You Get?
There are many other types of bonds that you can get which will include auctioneer bonds, federal bonds, and notary bonds. When you are bidding on construction jobs, however, you will need bid bonds. This is what the person offering the job is going to recommend. Once you have it, it must cover up to a certain amount of money. For example, it could be worth $250,000. If you are bidding on jobs up to that amount, and you can show proof of that to the person that you are bidding on their work for, they will allow you to bid because they will know that you are fully covered.
Reasons To Work With Bonds Express
The reason you want to work with this company is that they offer many different options. You can literally get any type of bond that is available, plus they are available in all of the 50 states. If you are in Alabama, New York City, or Minnesota, you can purchase these online and they will be valid in that particular state. If you have bad credit, they also work with you. It is not going to be a problem at all. They can give you a free quote on the web. You can also learn more about their company by visiting their website, a business that has been issuing surety bonds since the 1960s. It is a business that you can trust and that many people recommend.
If you would like to get one of these bonds, you simply have to visit their website and start the process. Choose the bond that you would like to purchase, and fill out the application. Whether you have good credit or bad credit, they are going to do their best to provide you with exactly what you need. Contact Bonds Express so that you can get the bond that you will need in order to bid on the jobs for your construction company. In most cases, they will be able to issue you the bid bond within a day. They will tell you over the phone all of this information. Once you have submitted your application, you should know within the hour if you are going to get it. It really is that easy to work with this company.