What is the Avon Lake City Contractors Bond?
The Avon Lake City Contractors Bond is a licensing requirement established by the Avon Lake Building Department for contractors who wish to operate in the city. The Building Department requires permits for the construction of most buildings and structures and performs all required inspections.
Most surety bonds are agreements that consist of three parties: the principal (the contractor), the obligee (the City of Avon Lake), and the surety company. The bond agreement assures that the principal complies with its contractual obligations and Ohio building codes and licensing laws.
If the principal fails to meet their obligations or violates licensing laws, the injured party may file a claim against the principal’s bond. After an investigation into the validity of the claim, the surety may compensate the injured party up to the bond amount.
Unlike traditional insurance, the principal is financially obligated to reimburse the surety company for any claims paid out, plus additional fees and expenses incurred. While the City of Avon Lake requires a bond for licensing, the bond does not protect the contractor as traditional insurance does.
Who has to get this bond?
The Avon Lake Building Department requires all contractors to obtain a license from the City Building Inspector. Applicants must also file an Avon Lake, Ohio Contractors Bond as part of the licensing requirements.
As per the Ohio Revised Code, a contractor is defined as an individual or business entity that oversees or takes charge of various construction activities for compensation. This includes constructing, improving, renovating, repairing, testing, or maintaining structures.
It's important to note that landscaper contractors or those operating snowplows within the city limits must obtain a license from the Public Works Engineering Department, and a different bond is required for this purpose.
How much does an Avon Lake City Contractors Bond cost?
The Avon Lake City CLB has a required bond amount of $15,000. Fortunately, you only pay a percentage of the full bond amount as your premium. With EZ Surety Bonds, our convenient online application allows you to purchase this bond instantly for a premium of only $100 for a one-year term, with no credit check required!
Obligee Information
The obligee is the entity that requires the Avon Lake City Contractors Bond, which is the City of Avon Lake Building Department. Their contact information is as follows:
City of Avon Lake
Building Department
750 Avon Belden Road
Avon Lake, OH 44012
Phone: (440) 930-4102
How to get your Avon Lake City Contractors Bond
EZ Surety Bonds provides a hassle-free and convenient way to obtain bonds. Simply visit our website, find the bond you need, and complete our quick and easy application form. Once we receive your payment, we will promptly mail the bond to you, which you can then submit to your obligee.
If you have any questions, don't hesitate to reach out to us via email at bonds@southcoastsurety.com or by phone at 1-800-361-1720.
Frequently Asked Questions
How do I register for an Avon Lake City Contractor License?
The City of Avon Lake Building Department requires contractors to submit the following as part of their licensing application:
- Application for contractor registration,
- Avon Lake, Ohio Contractors Bond,
- Certificate of Liability insurance,
- Copy of State of Ohio Worker’s Compensation Certificate,
- Copy of valid Ohio Construction Industry Licensing Board (OCILB) license for applicable license classifications,
- Relocation Income Tax Allowance (RITA) form,
- $100 registration fee.
As the license registration expires every December 31 of each year, you must register every year before performing any work the following year. The same applies to the bond's validity.
*As of 2024, all Contractor and Landscaper registrations must be submitted by using a new online system; paper mail-in registrations will no longer be accepted.
How much is an Avon Lake City Contractors Bond?
The Avon Lake City Contractors Bond has a required bond amount of $15,000. You can purchase your bond instantly online with EZ Surety Bonds for a premium of only $100, no credit check is necessary. Apply on our website today to obtain your bond.
After I purchase my Avon Lake City Contractors Bond, what do I do?
After you purchase your Avon Lake, Ohio Contractors Bond, we will mail the original document to you. While some obligees may accept electronic copies, others require you to file the original bond document with the principal’s wet signature. It should be signed by the contractor using ink and must have the surety's embossed, digitized, or sticker seal. Because every obligee has its own unique filing requirements, be sure to carefully review the bond filing requirements of your obligee before doing anything with your bond.
