The $10,000 Grand Rapids sidewalk contractor bond is a financial guarantee that work performed will be according to municipal code. The premium is just $100 annually. Please call AmeriPro Surety Bonds at 844-589-9732.
Michigan – Grand Rapids Sidewalk Contractor Bond
AmeriPro Surety Bonds | 844-589-9732
Surety Bond; Purpose
Sidewalk contractors who wish to perform work in Michigan, besides meeting any other licensing requirements, must obtain a $10,000 surety bond specifically for the city of Grand Rapids.
Required pursuant to Michigan Section 4.81 (2) (c), the surety bond is a financial guarantee for the city that you will be in compliance with the Grand Rapids Standard Construction Specifications, Sidewalk Rules and Regulations.
Besides sidewalks, compliance encompasses the following contractor duties:
- areaways;
- curbs;
- driveway approaches;
- gutters;
- retaining walls.
Qualifying and the Premium
You are automatically approved for the Grand Rapids sidewalk contractor bond. There is no credit check, and the bond is issued to you within minutes of calling. The premium is $100 annually.
When you call us, we’ll just ask you the name, as it should appear on your bond and other basic information: your address, and the county where your business is domiciled.
After payment of the 1 year premium of $100, our agency issues a bond to you that we will mail to you for filing.
Upon receipt, you’ll sign your bond as principal and file it to:
City of Grand Rapids
Engineering Department Sidewalks Unit
1120 Monroe Avenue NW
Grand Rapids, MI 49503
Premium Prepayment Options
Your Grand Rapids contractor bond is issued with a standard 1 year term and renews annually for as long as Surety is required.
You may prepay your premium up to 3 years, which, in addition to lengthening the intervals between renewals, offers you a savings.
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.
About Us
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, Court, probate, and other surety bonds in Michigan, all 50 states and Washington D.C.
Please call us today at:
844-589-9732
Or, you may fill out the form below and a Surety Agent will contact you…
