Ohio – Fairfield Sewer Builder Bond
AmeriPro Surety Bonds | 844-589-9732
Fairfield Sewer Builders
Sewer builders in Fairfield, Ohio, are required to furnish the city with a $5,000 surety bond before beginning sewer building within the city limits.
This surety bond is offered by AmeriPro Surety Bonds as both a new and renewal surety bond.
Fairfield Sewer Builder Bond: The Purpose of this Surety Bond Requirement
The purpose of the $5,000 Fairfield sewer builder bond is a financial guarantee on behalf of the city of Fairfield that a sewer builder will hold the city harmless for any harm or injury made in connection with sewer building.
Such protections harm extends also to buildings owned by the city of Fairfield and buildings owned by residents of the city.
The bond is also a financial guarantee in favor of Fairfield, Ohio, that sewer builders will perform work according to code and any statutes which govern sewer building.
Should a claim be made, deemed credible, and paid against your surety bond, it is your legal obligation to reimburse the surety in full for all costs and fees paid in connection with that claim.
Fairfield Sewer Builder Bond: The Premium
The $5,000 Fairfield sewer builder bond costs you just $100 annually.
There is no underwriting or credit check involved in the purchase of this bond.
You merely complete an application — which can most quickly be done over the phone with a surety agent – pay the premium, and the bond is mailed to you by the next business day.
Once issued, the bond is active for a period of one year and will expire at the end of December.
The bond’s premium is not prorated, even if purchased in the middle of a calendar year.
AmeriPro Surety Bonds is a surety bonds-only agency which provides contractor surety bonds for all cities and municipalities in Ohio.
Our agency also provides license and permit surety bonds in Ohio and nationwide.
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