Ohio – Pepper Pike Contractor Bond |
AmeriPro Surety Bonds | 844-589-9732
Contractors in Pepper Pike, Ohio
In order to lawfully conduct contracting work in Pepper Pike, Ohio, you must be licensed and registered with the city.
Additionally, you must also provide Pepper Pike a $25,000 surety bond.
The Pepper Pike contractor bond is available from AmeriPro Surety Bonds as both a new and renewal bond.
Pepper Pike Contractor Bond: The Purpose of This Surety Bond
The reason for the $25,000 Pepper Pike contractor bond is to serve as a financial guarantee that a licensed contractor will be in compliance with Pepper Pike Building Code and all relevant Ohio state laws.
This surety bond holds the city of Pepper Pike harmless for the failure to comply with statutory regulations, particularly when such non-compliance results in a substandard end product, or one that causes or presents the potential for physical harm.
The protections afforded Pepper Pike by means of this surety bond will also extend to work conducted by employees and any subcontractors whom you hire in relation to contracting work.
Since the surety bond is in fact a surety, you as the bond’s principal are responsible to reimburse the surety in full for all costs and fees involved in the settlement of any claim.
Pepper Pike Contractor Bond: Premium and Term of This Bond
The premium, or cost of the Pepper Pike bond, may be as little as approximately $120 annually.
By statute, once issued, the bond will have an expiry date of December 31st of the year in which it is issued.
An exception may (or may not be) permitted for Pepper Pike surety bonds which are purchased very late in the calendar year. Such bonds may have an expiration date of December 31st of the following year.
Applying for this surety bond is easy, quick, and once issued and paid for, the bond can be sent to you by the next business day at the very latest.
The fastest processing time is for those who call to speak with a helpful surety bond agent.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide contractor surety bonds for all Ohio cities, counties, and municipalities where this is required.
Our agency also provides license and permit, court,and fiduciary bonds.
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