Surety Bond
A contract guaranteeing the performance of a specific obligation. Simply put, it is a three-party agreement under which one party, the surety company, answers to a second party, the owner, creditor or “obligee,” for a third party's debts, default or nonperformance. Contractors are often required to purchase surety bonds if they are working on public projects. The surety company becomes responsible for carrying out the work or paying for the loss up to the bond “penalty” if the contractor fails to perform.
| Houston | Round Rock |
| Local: (281) 398-1010 Toll Free: (877) 952-1010 Fax: (281) 398-0909 |
Local: (512) 595-0155 Toll Free: (877) 702-6113 Fax: (512) 852-4414 |
| 21430 Provincial Blvd, Katy, TX 77450 • Get Directions 21 Waterway, Suite 300, The Woodlands, TX 77380 • Get Directions 4999 Buller Rd, Brookshire, TX 77423 • Get Directions |
3000 Joe DiMaggio Blvd. Suite 29A, Round Rock, TX 78665 • Get Directions |
| The Woodlands Local: (281) 362-2805 Fax: (866) 886-3562 21 Waterway, Suite 300, The Woodlands, TX 77380 • Get Directions |
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| Fulshear Local: (281) 533-9067 Toll Free: (855) 533-9067 Fax: (281) 346-2469 29810 FM 1093, Suite C, Fulshear, TX 77441 • Get Directions |
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