Ohio – Maumee Sewer Contractor Bond
AmeriPro Surety Bonds | 844-589-9732
Sewer Contractors in Maumee, Ohio
Sewer contractors transacting business in Maumee, Ohio, must be registered with the city, and pay the appropriate registration fees.
Sewer contractors must also furnish the city with an original $5000 surety bond.
AmeriPro Surety Bonds offers this bond as both a new and renewal bond.
Maumee Sewer Contractor Bond: The Purpose
The purpose of the Maumee sewer bond is a financial guarantee, in favor of the city and its residents, that sewer contractors will perform their duties in compliance with the law.
This surety bond particularly ensures compliance that sewer connections will be made in accordance with Ordinance Number 94-1956. This ordinance was passed by the City Council of Maumee in 1956.
Furthermore, the bond’s existence is to protect and indemnify the city against any losses caused by failure to meet the compliance requirements, particularly if this causes harm.
The protections offered to the city by means of this bond extends also to any negligence committed by any employees or subcontractors you hire in connection with work performed.
Maumee Sewer Contractor Bond: Premium and Duration
The premium for Maumee sewer contractor bond is just $100 annually.
The bond is an “instant issue” surety bond. What that means is that there is no underwriting, and no credit check for this bond.
Once the application has been completed (which can be done over the phone in under 7 minutes), and the premium is paid — the bond is issued immediately.
Once issued, the bond, will be mailed out by the next business day, at the latest.
By statute, the Maumee sewer contractor bond expires on December 31st of the year in which it is issued.
Bonds which are purchased very later in a calendar year may have an expiration date of the following December 31st.
AmeriPro Surety Bonds is a surety bonds-only agency which provides contractor bonds throughout all counties and cities in Ohio.
Our agency also provides license and permit, contractor, court, and fiduciary surety bonds.
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