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What is Portsmouth, OH-Contractor Compliance Bond ($15,000)?
City of Portsmouth, Ohio Contractor Compliance Bond ($15,000) is required by the City of Portsmouth and facilitates good practices between business owners and public entities to ensure safety for all parties involved in construction projects on behalf of the city.
Need a contractor compliance bond?
A contractor compliance bond is required by the city to protect against losses that may arise from the failure of any contractor to comply with applicable laws and ordinances. This bond protects both the public and private property owners in the event of such failures on behalf of a contractor.
Contractors are required to post this type of bond before they can be awarded any contract work by the City. If you have questions about this requirement please contact us at (913) 214-8344 or email gary@swiftbonds.com . We look forward to hearing from you!
Click here if you would like more information about how we can help your company get bonded today!
Why is the Portsmouth, OH-Contractor Compliance Bond ($15,000) required?
Businesses must purchase a bond to activate their license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Get a Bedford, OH-Contractor License Bond ($15,000).
How does a Portsmouth, OH-Contractor Compliance Bond ($15,000) work?
Getting a Portsmouth, OH-Contractor Compliance Bond ($15,000) means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. Find a Vandalia, OH-Concrete Installers Bond.
How much does a Portsmouth, OH-Contractor Compliance Bond ($15,000) cost?
Portsmouth, OH-Contractor Compliance Bond ($15,000) is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get a Portsmouth, OH-Contractor Compliance Bond ($15,000) with bad credit?
Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. Have a Covington, OH-Concrete Contractor Bond ($3,000).
How to get your Portsmouth, OH-Contractor Compliance Bond ($15,000)?
Would you like to know the first step in getting your Portsmouth, OH-Contractor Compliance Bond ($15,000)? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Need a Northfield, OH-Commercial Contractor License Bond.