Ohio Surety Bonds With 12-31 Expiration

The state of Ohio has a plethora of local municipality surety bonds that all have a common expiration date.  At the end of the year the bonds will expire and need to be replaced. This confuses some people because they assume the bond is for a one year term.

For instance, someone gets a builders license in Lake County in May of 2014 and assume it renews in May of 2015.  While this is the case for most surety bonds, below is a list of bonds that we know of that have a statutory expiration date of 12/31.  Furthermore, these bonds are not continuous until cancelled as many surety bonds are. A new bond has to be issued effective 1/1/2015. Below is a list of the municipalities where new bonds need to be issued as of 1/1/2015:

• City of Brook Park – Contractor Bond
• Fairfield Department of Health – Registration Bond for Sewage Treatment System Installer
• Lake County Department of Utilities – Sewer and Water Builders License Bond
• City of Lyndhurst – Registration Bond
• City of North Royalton – Contractor Bond
• Paulding County Health Department – Registration Bond for Sewage Treatment System Installers
• City of Seven Hill – Contractor Registration Bond
• City of Solon – Contractor Registration Bond
• City of South Euclid – Bond Registration
• Stark County Commissioners – Surety Bond
• State of Ohio- Registration Bond – Private Water Systems Contractor
• City of Vermilion – Licensing Bond