City of Brecksville, Ohio - Contractor License Bond
Bond Details
Brecksville Contractor License Bond – $25,000 bond – $125 per year
Overview
If you're a contractor looking to operate in Brecksville, Ohio, you’re required to secure a contractor license bond as part of the City’s licensing process. This bond plays a critical role in ensuring you adhere to local laws, regulations, and building codes while carrying out your work.
Principal: Contractor (you)
Obligee: City of Brecksville Contractor Registration
Surety: NNA Surety
Bond Amount: $25,000
Bond Cost: $125
Bond Term: 1 year
The contractor license bond is valid for one year, and it must be renewed before it expires to avoid lapses in coverage.
How Brecksville Contractor Bonds Work
The bond has a liability amount of $25,000, meaning the surety company issuing the bond will cover claims up to this amount if you violate the terms of the agreement. Common reasons why a claim may be made, include:
- Violating building codes
- Leaving the project
- Not fulfilling the contract
While the surety company pays the claim initially, you are ultimately responsible for repaying any claims made against the bond.
Let NNA Surety Help You
Getting your contractor license bond is simple with NNA Surety, especially since we don’t require credit checks. Complete this form or call us to get bonded today.