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.
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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?
- Survey of the property
- 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?
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 Surety Bond 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.
How to Get Your Texas General Contractor Bond – City of Olmos Park
- 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.