SURETY COMPANY OF THE PACIFIC SERVICES AND RATES

2007-05-02 10:04:19

( Financial )



Profile

Surety Company of the Pacific is a writer of contractors’ license bonds in California for more than thirty years. It specializes in the bidding, performing, and payment of surety bonds for the State’s small and mid size contractors. It also provides license, permits and miscellaneous bonds.

Services Offered

Contractor license bid is the main service offered by Surety Company of the Pacific to its clients. Its objective is to put the benefits of its client first before anything else. Thus, it brings contractors to licensees as fast as possible.

Surety Company of the Pacific finds suitable license bonds for contractors after thorough assessment of their bonding needs. It reviews the individual merits of contractors to avail of license bonds. Contractors’ experiences and track record are analyzed hand on hand with their financial strength in determining their license bonds needs.

Collaterals are normally not required in the writing services of Surety Company of the Pacific. It helps contractors retain their money or assets into their businesses. This is very helpful for small size contracting companies that are in need of regular cash flow to fund their contracting services business.

Surety Company of the Pacific provides contractors bidding opportunities. It compiles various resources and links that help contractors get information on bidding opportunities, thereby getting projects for their businesses. This effort supports the company’s tenet in recognizing that time as well as accuracy of bond needs is crucial to contractors’ business success. Further, it submits electronic copies of new bonds with license and application numbers to Contractors State License Board to facilitate timely renewals and submission of licenses of its contractors.

Bond Rates

Bond size, contractors’ experience, financial condition and type of bond are the factors affecting the calculation of bond rates under Surety Company of the Pacific. Such rate increases depending on the length of the project and the multiple obligations of the bonds needed for the contract.

Surety Company of the Pacific proves to be reliable in its services. Hence, many contractors in the State of California are using its services.


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