(844) 589-9732

Texas - El Paso Blanket Building Construction Bond

March 23, 2020

The $25,000 El Paso blanket building construction bond is offered to you for $250 annually. Please call AmeriPro Surety Bonds at 844-589-9732.

Texas – El Paso Blanket Building Construction Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Construction Contractors, El Paso, Texas

 

 

 

The $25,000 El Paso blanket building construction bond is required of contractors who perform:

  • New commercial and tenant improvements;
  • New residential buildings – additions, alterations and roofing.

The surety bond requirement, in addition to meeting insurance obligations and licensing fees, are as per the city’s Building Official.

 

 

 

Qualifying and the Premium

 

 

 

You and your contractor construction business are automatically approved for the $25,000 El Paso blanket building construction bond.

The bond is issued to you without a minimum credit score requirement for 1%, $250 annually. There are also no underwriting requirements to be approved.

Issuing your bond is easy. When you call our agency, we’ll ask you the name, address, and phone number as these should reflect on your surety bond.

After payment of at least an annual premium, our agency issues your bond along with a Power of Attorney form to you.

Upon receipt by mail, you’ll sign your original bond as Principal, and then file all completed documents to:

City of El Paso

Planning & Inspections Department

City 3 – 801 Texas Avenue

El Paso, Texas 79901

915-212-0083

 

 

 

Premium Prepayment Options

 

 

 

Your blanket building construction bond is issued for a standard one year term. The bond will renew on the anniversary of its issuance and a current surety bond must active on file with the city for continued construction work.

Our agency allows you to prepay your bond’s premium up to 3 years, thereby offering you a savings over annual renewals.

The premium prepayment option and savings are as follows:

  • If prepaid for 2 years, the premium is $180, a $20 savings;
  • If prepaid for 3 years, the premium is $260, a $40 savings.

 

 

 

Purpose Of Your Surety Bond Requirement

 

 

 

This surety bond is a financial guarantee of your compliance with Chapter 18.02 of El Paso’s Building and Construction Code, as amended.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, probate, and other surety bonds in Texas, all 49 other states, and Washington D.C.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out the form below and a Surety Agent will contact you…

Request a Callback

  • MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your surety bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.

BE IN TOUCH

CONTACT US