World Wide Bonding Agency writes $5,000 E-Z Pass Companion Program Bonds in Pennsylvania
Pennsylvania E-Z Pass Surety Bonds are required by the Pennsylvania Turnpike Commission. The required bond amount is $5,000.
Directly From the Pennsylvania Turnpike Website:
“This account is for customers with existing accounts with other E-ZPass agencies that want postpaid billing and who may qualify for toll volume discounts. This option requires annual usage on the Pennsylvania Turnpike of at least $5,000,* and requires a surety bond in an amount equal to two months invoices or a minimum of $5,000*, whichever is greater. In lieu of a surety bond, the Pennsylvania Turnpike will accept a non-interest bearing certified or cashier’s check. Your E-ZPass usage on the Pennsylvania Turnpike will be invoiced monthly. This invoice is only eligible for a toll volume discount if payment is received by the 24th of each month. Discounts will not be applied to invoices on accounts with outstanding balances as of the date of the invoice. The PTC E-ZPass Customer Service Center accepts checks, EFT, cash (walk-in only), or money orders for payment of invoices. Invoices cannot be paid by credit card. Invoices must be paid within 30 days to avoid interest charges and will include a monthly service fee (see E-ZPass Commercial Vehicle Addendum – Fees and Charges).”
We find the best possible price for your surety bond given your particular qualifications.
Additional information about this corporate surety bond requirement is as follows:
Obligee – Pennsylvania Turnpike Commission
Bond Amount – $5,000.00
Renewal Document – None
Click on the START MY APPLICATION button to complete our simple, online bonding application. Completing our application allows the underwriters at our office to provide you with a specific quote for the exact bond you need. After you submit our online application, we will respond and get the process going immediately!