The Texas General Contractor Bond is required by the City of Olmos Park before any building or structure may be erected in the city. The amount of the bond is at $5,000.
All general contractors will be required to file this bond with the city in order to obtain a permit as a general contractor and be able to do construction projects in the city. This bond must be filled out on the City of Olmos Park’s bond form. No other bond form will be accepted by the city. The Texas General Contractor Bond for the City of Olmos Park states that the bond holder will pay all fines imposed upon him or her by the Municipal Court for the violation of the Code of Ordinances of the City of Olmos Park. Home owners improving their own property and accomplishing the work themselves or acting as their own contractor can be exempt from posting a surety bond, unless the property is rental/lease property. If the property is a rental or lease property, the $5,000.00 surety bond will still be required.
What are the additional requirements that must be submitted?
- Blueprints/plans for any addition exceeding 400 square feet, commercial alterations/finish out, second story addition, renovations exceeding $75,000
- Satisfy the city building codes and zoning requirements
How do I obtain a Texas General Contractor Bond – City of Olmos Park?
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.