Electrical/Plumbing/ Irrigation Bond in City of Abilene, Texas
What is an Electrical/Plumbing/ Irrigation Bond?
You’re an electrical, plumbing, or irrigation contractor, and you want to bid on projects to grow your company and enhance its reputation. Whether you’re hoping to secure a public works project or contract with a project management company for commercial jobs, you’ll likely need a surety bond, both to bid on the job and, later, to start the work. Most Electrical Plumbing or Irrigation bonds start at $100.00 for a $5,000 amount.
Turn to TMD Surety Bonds to find out what surety bonds you’ll need and to get the best rate quotes. TMD’s professional agents enjoy working with contractors to help them navigate the bond process. They’re savvy enough to secure the necessary bonds quickly and efficiently. TMD Surety Bonds has already helped many companies get the bonds they need to grow their businesses. Those clients secured them at excellent rates from industry leaders in the surety bond business.
Purchasing Your Electrical/Plumbing/Irrigation Bond
1. Click the Buy Now button.
2. Fill out the easy bond form.
3. Confirm your order and select how you would like your bond documents delivered. Email or regular mail.
4. Pay for your bond.
5. If you chose to have your documents emailed, you will receive them within minutes.
It’s that simple and fast!
Pricing & Terms
Surety bond costs are a percentage of the full bond amount, which is usually determined by your personal credit. Providing industry experience, strong personal credit, and business/personal financials will help lower your bond rate. Reach out for a quote today.
Surety Bonds Offer Protection
Many types of surety bonds exist, but all of them involve three parties. The principal in your case is you, the party that has to purchase the bond. An obligee is the party that requires you to purchase the bond, for example, a project management company or municipality. The third party is the agent that brokers or arranges the bond.
Surety bonds guarantee that the work you perform is completed according to the schedule and specifications that you and the obligee have agreed upon. The bond provides payment protection for the obligee against contract shortcomings.
It also lets you build up a type of credit with the surety bond company against any claims that the obligee might make. Unfortunately, it does not relieve you of the obligation to provide exactly what the obligee pays for, but it signals your willingness and ability to tackle the job properly.
The right agent is the one that gets you the right bond at the right rate.
More Information
Bond Purchase Process
1. Find Your Bond
2. Secure Pricing
3. Buy Online
Get Started
The bonding process can be confusing and cumbersome. Our surety bond experts are standing by and ready to answer any questions. Let’s get you bonded today!
Frequently Asked Questions
Looking to Get Started or Have Questions?
The bonding process can be confusing and cumbersome. Our surety bond experts are standing by and ready to answer any questions. Let’s get you bonded today!