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Federal Bonds are surety bonds that are required by federal government agencies such as the Internal Revenue Service (IRS), the Alcohol and Tobacco Tax and Trade Bureau (TTB), the U.S. Customs and Border Protection (CBP) and the Federal Motor Carrier Safety Administration (FMCSA) among others. These bonds are required no matter what city or state you conduct business in. Federal bonds ensure businesses follow all of the laws and regulations set forth in their particular industries. The bonds protect consumers against any fraudulent or unethical business activities.
As surety experts in business over 23 years, The ProSure Group has issued thousands of surety bonds and has partnerships with more than 30 different surety companies. This ensures that we get you the best, most competitive pricing and terms available in the marketplace, no matter your credit or financial situation!
There are thousands of different surety bonds required throughout the United States. The ProSure Group helps you find the right surety bond quicker & easier by searching individual states where the surety bond is required - at the municipality, city or state level.
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DMEPOS stands for durable medical equipment, prosthetics, orthotics, and supplies. Before suppliers of DMEPOS can be approved to bill Medicare they must post a surety bond.
The IRS requires a surety bond to be posted in order to ensure payment of the tax imposed on fuel under section 4081 or section 4091 of the Internal Revenue Code.
The IRS requires this surety bond to be posted during the application to become a “Certified” professional employer organization. The bond holds the principal and surety liable for any tax liabilities accrued by the principal under subtitle C of the Internal Revenue Code.
The Alcohol and Tobacco Tax and Trade Bureau requires certain sellers, distributors and/or manufacturers of alcohol, tobacco, and tobacco products to post a surety bond.
U.S. Customs and Border Protection requires a surety bond to be posted when importing certain commodities or merchandise into the U.S., when brokering goods through CBP, when transporting cargo or passengers from a foreign destination to the U.S., if you operate a warehouse or facility and want to become a Customs bonded facility, or if you want to perform some activity in a secure CBP area.
Ocean freight forwarders and non-vessel-operating common carriers (NVOCCs) are required to submit acceptable proof of financial responsibility to the Federal Maritime Commission. A surety bond is considered acceptable proof of financial responsibility.
A $75,000 surety bond must be posted before anyone can operate as a Freight Broker/Forwarder.
The U.S. Department of Labor requires this surety bond to be posted by employers of H-2A workers.
The Airline Reporting Corporation requires this surety bond to be posted by businesses that sell airline tickets to their customers and ensures that these businesses properly pay airlines for the purchased tickets.
The United States Postal Service requires this surety bond to be posted in order to become a Contract Postal Unit. A CPU is a supplier-owned or supplier-leased site operated by the supplier, under contract to the USPS to provide postal products and services to the public at USPS prices.
Includes Performance and Payment bonds as well as Bid bonds, Supply bonds, Subdivision bonds, Warranty bonds, Completion bonds, Right of Way bonds, etc.
Bank Depository bonds help protect against loss of funds due to bank failure or closure.
A Military Surface Deployment & Distribution Command bond helps guarantee a Transportation Service Provider will fulfill its obligations to transport U.S.
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