Surety Bond Encyclopedia

Waste Management ($2,000) Bond - City of Dothan, AL in Alabama

Brief Summary

Dothan's own Environmental Services Division collects residential trash only, which leaves commercial and specialty hauling to licensed private operators. The $2,000 bond is part of getting licensed for that work, and it costs a small annual premium rather than cash held by the city.

Businesses providing waste management services inside the City of Dothan post a $2,000 surety bond naming the City of Dothan as obligee, alongside the city business license that anyone doing business in the city must hold. The city's Environmental Services Division collects only residential trash, so commercial waste work falls to private operators. Dothan licenses expire December 31 each year.

We can help with all Alabama bonds!

How to Apply for a Waste Management ($2,000) Bond:

Apply for a City of Dothan business license for your waste services business.
Have your federal EIN and NAICS code ready for the application.
Ask the Business License office for the current bond form.
Have the $2,000 bond executed with the City of Dothan as obligee.
File the bond with the Business License office in Room 315 of the Dothan Civic Center.
Pay the license fee by cash, check, Visa or MasterCard. Card payments add a 1.6% convenience fee.

Detailed Information About the Alabama Waste Management ($2,000) Bond:

Where private haulers fit

The City of Dothan runs its own collection through the Environmental Services Division, but that service covers residential trash only. Businesses that handle waste for commercial customers or offer other waste services inside the city are private operators, and they need a Dothan business license along with this $2,000 bond.

What the bond guarantees

The bond is a promise to the City of Dothan that the operator will follow the city's licensing rules and ordinances. If the operator breaks those obligations and a valid claim is paid, the surety looks to the operator for repayment. The bond protects the city and the public, not the business that buys it.

License year and renewal

Dothan business licenses expire December 31. Renewals paid by January 31 avoid any penalty. From February 1 through February 28 a 15% penalty applies, and from March 1 the penalty is 30% plus daily interest. The bond should stay in force for every license year.

Premium

You pay an annual premium rather than the $2,000 face amount. The surety prices it from the owner's credit and business history. Confirm the current bond form and filing steps with the Dothan Business License office, and with Environmental Services at (334) 615-3820 for any disposal rules, before the bond is issued.

Eligibility and Requirements for a Alabama Waste Management ($2,000) Bond:

City of Dothan named as obligee.
Bond amount of $2,000.
Business name on the bond matching the license application exactly.
Bond kept in force for each license year ending December 31.
Owner credit review by the surety to set the premium.

Alabama Waste Management ($2,000) Bond FAQs:

Does the city pick up commercial trash?

No. Dothan's Environmental Services Division states that it collects residential trash only. Commercial waste service comes from private operators.

Who is the obligee?

The City of Dothan. The bond is filed with the Business License office along with your license paperwork.

When does the license expire?

December 31 every year. Renew by January 31 to avoid a penalty. Late renewals pay 15% in February and 30% plus daily interest from March 1.

What will the bond cost?

A yearly premium set by the surety, based mainly on the owner's credit and business history. The $2,000 is only at stake if a valid claim is paid and you do not reimburse the surety.