Residential building contractors in Wichita Falls working on projects in excess of $50,000 are required to execute a $50,000 Texas (City of Wichita Falls) Building Contractors Bond to ensure compliance with section 105.1.2 of the International Builders Code which has been adopted by the City of Wichita Falls.Novus Bonds offers a Texas (City of Wichita Falls) Building Contractors Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Texas (City of Wichita Falls) Building Contractors Bond holds you accountable for your business decisions. By possessing a Texas (City of Wichita Falls) Building Contractors Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions. Our Free 24 Hour Quote Procedure How to cut down the approval process and keep your cost low:
1. Our applications are all that's usually needed to get you a price.
2. Occasionally, more information is needed. If so, we will contact you within 24 hours.
3. If you have credit issues, approvals might need an additional day.
4. We never require an application fee. All quotes are 100% free.
5. Bond approvals, like loans, are based on personal credit, financial strength of the owner, bond amount and type of bond. The more information you provide, the better chance you have of getting the lowest available price and a faster approval.