Ohio – Mentor Contractor Bond |
AmeriPro Surety Bonds | 844-589-9732
Certain categories of contractors who transact contracting work in the city of Mentor, Ohio, must be registered with the city, pay a $100 registration fee, and obtain a $10,000 surety bond.
By statute, the surety bond will expire on December 31st of the year in which the bond is issued.
AmeriPro Surety Bonds offers this as both a new and renewal surety bond.
Mentor Contractors: Who Must Furnish the $10,000 Mentor Contractor Bond
The following categories of contractors must obtain a $10,000 surety bond:
- Electrical contractors;
- Fire protection contractors;
- General contractors;
- Heating/Air Conditioning (HVAC) contractors;
- Lawn Sprinkler contractors;
- Right of Way contractors.
Mentor Contractor Bond: The Purpose
For all contractors in the city, the $10,000 Mentor contractor bond is a financial guarantee that contractors will conduct their contracting work according to all rules and regulations for the city of Mentor.
The bond’s provisions particularly refer to Chapters 925 and 1307 of the Code of Ordinances for the City of Mentor
The bond’s existence holds the city harmless by the failure of any contractor to comply with statutory regulations.
The protections offered to the city of Mentor will also include those whom you have as employees and/or subcontractors who are performing related work on your behalf.
Mentor Contractor Bond: Premium
The Mentor contractor bond is an “instant issue” surety bond. While only the original copy of the bond can be filed with the city of Mentor, “instant issue” refers to the fact that there is no underwriting and no credit check involved in the bond’s purchase.
Your annual premium is just $100 for this city contractor surety bond.
You can complete our application – which may be done with an agent — and the bond will be issued to you immediately after receipt of your payment.
AmeriPro Surety Bonds is a surety bonds-only agency which provides contractor bonds throughout Ohio.
We also provide license and permit, court, and fiduciary bonds in Ohio and nationwide.
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