The Ohio Contractor Bond-Columbus City is required by the City Treasurer, in the amount of $25,000. The bond states the bondholder, its agents, and employees shall save the City harmless from all loss and damage to persons or property. By way of accident or the want of care or skill on bondholders part in the work contracted, performed, pursued or attempted under such license/registration.
The cost of the surety bond is usually between 1% and 3% of the bond amount. Surety1 will shop its many markets to procure the right price at the right terms.
How to Get a Ohio Contractor Bond-Columbus City
At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:
- Complete the easy to navigate and secure online application. 1
- Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
- Sign some paperwork and pay the bond premium
Once these steps have been completed, the Ohio Contractor Bond-Columbus City will be shipped to the bond applicant.
1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.
Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.
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Who needs this bond?
The Department of Building and Zoning Services issues licenses and registrations to individual contractors who wish to perform work within the city. The Contractor Bond in one of the requirements. The purpose of issuing licenses and registrations is to provide for the safety and welfare of the general public within the city.
How do I become a Licensed/Registered Contractor in the City of Columbus?
Start by completing the General Contractor Application. Provide a Certificate of Liability Insurance. Limits of liability no less than $300,000 for damages to a single person and $500,000 for one occurrence. Submit the $25,000 contractors bond along with the registration fee of $350.
How to Get Your Ohio Contractor Bond-Columbus City
- Complete an online application. It’s free and no-obligation.
- One of our surety experts will contact you with a firm quote and an agreement to sign.
- Provide payment and your signed agreement, and then you will receive your Surety Bond!
If you have any questions, please call us at 877-654-2327.
Surety1 was founded in 2003 and helps thousands of clients find the best prices on their surety bonds. We take pride in our work so that we can give you great service. Learn more about Surety1.