Surety Bond Education

A Code Compliance Bond is a type of license and permit bond that a business or individual must obtain that relates to a professional license. The bond will guarantee that the individual or business will comply with the terms of their professional license. Some examples of these types of bonds include a Right Of Way bond for a contractor or a Contractor’s License bond.   How Do You Obtain a Code Compliance Bond? Obtaining this type of bond if typically pretty easy. It will require you to complete an application and pay the premium for the bond. Some entities will […]

The City of Austin, Texas requires a $10,000 Right Of Way Bond in several different circumstances. This bond is associated with a Right Of Way Permit. Some of the instances when you need a Right of Way bond are when you need a Right of Way permit for the following: Temporary Use of Right of Way Driveway/Sidewalk Excavation We are a surety bond agency located in the Austin, Texas area. We can help you secure your City of Austin Right Of Way Bond. The process is simple and we can issue your bond the same day you apply.  Here are […]

What is a City of Dallas Paving Bond? This bond is required of any contractor performing paving work in the city limits, including driveway approaches, sidewalk, and curb & gutter. What protections does the City of Dallas Paving Bond offer? It offers financial security, protecting the City should a contractor not follow required specifications and ordnances and construct in a workmanlike manner, free from defects. It protects the City and holds it harmless against any persons or property that may have been injured in prosecuting the work. It supports maintenance of related construction for a period of five (5) years. […]

It’s almost election time again!  And many newly elected officials will either need to renew their public official bond or obtain new public official bond.  There are a number of different positions in local and state government that will require you to post a bond once you are elected.  The purpose of the public official bond is to provide a guarantee that you will faithfully perform all of your duties as an elected official.  The bond is typically very easy to obtain especially is the amount of the bond is $50,000 or less.  Public official bonds of $50,000 or less […]