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Surety Bonds are not only important for the contractors, they are often critical in providing a financial guarantee that you can and will meet your commitments to clients. At Goodrich & Watson, we offer many types of Surety Bonds – all designed to provide financial backup and protect your clients in the event you’re unable to meet your contracted responsibilities.
Our broad range of Surety Bonds includes:
Our staff will help you stand behind your work and your promises with financial backing from top-rated surety companies.
A three-party agreement that legally binds together a principal who needs the bond, an obligee who requires the bond and a surety company that sells the bond. The bond guarantees the principal will act in accordance with certain laws. If the principal fails to perform in this manner, the bond will cover resulting damages or losses.
In additional to construction clients, we also provide Surety Bonds to new business owners, architects and engineers, design firms, and suppliers of all kinds, among others. We’ll work with you to determine your qualifications for a bond and will help you find what you need at the best price.
We look forward to speaking with you about what bonds you may need. Please give us a call at 757-591-2032 to find out how we can help protect you today and into the future.