Contractor License ($5,000) Bond - City of Lake Wales, FL in Florida

Brief Summary

A Florida state license does not by itself let you pull a permit in Lake Wales. Every contractor and subcontractor has to be registered with the city first, and the $5,000 bond is part of getting that file complete. Have the bond, your license and your insurance papers ready together and registration is a short step.

The City of Lake Wales requires every contractor and subcontractor to register with the city before pulling building permits. Contractors posting the $5,000 contractor license bond name the City of Lake Wales as obligee. Current licenses and proof of general liability and workers' compensation coverage, or a workers' compensation exemption, must be on file before a permit is issued.

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How to Apply for a Contractor License ($5,000) Bond:

• Confirm with the Lake Wales Building Department whether your license type requires the $5,000 bond and get the current form.
• Provide the license holder's name, business name and Florida license details to the surety.
• Pay the premium and receive the executed $5,000 bond naming the City of Lake Wales.
• Complete the Contractor's Information Sheet for your State of Florida license status.
• Email or fax the sheet with the bond, current license, general liability certificate and workers' compensation proof or exemption.
• Register each subcontractor and file a Sub Contractor Confirmation form with the permit.

Detailed Information About the Florida Contractor License ($5,000) Bond:

Registration comes before the first permit

Lake Wales does not accept permit applications from contractors who are not on file with the city. The Building Permit Application states that all contractors and subcontractors must be registered with the City of Lake Wales. Registration is done by completing the Contractor's Information Sheet, choosing the side that matches the license holder's State of Florida status, and emailing or faxing it with the supporting documents. The city's Building FAQ says there is no fee to register at this time. Once registered, you may pull permits with the Lake Wales Building Department.

Where the $5,000 bond fits

The contractor license bond guarantees to the City of Lake Wales that the contractor will follow the city's building rules and permit conditions. If the contractor fails to do so and someone suffers a loss, a claim can be made against the bond up to $5,000. Confirm with the Building Department whether your license type calls for the bond and get the current bond form before the bond is issued, so it can go in with your Contractor's Information Sheet.

Documents the city wants on file

Current licenses and proof of general liability and workers' compensation coverage, or a workers' compensation exemption, must be on file at the time of permit issuance. Subcontractors for electrical, irrigation, mechanical, plumbing, pool and roofing work are listed on the permit application and need a Sub Contractor Confirmation form.

Premium

The surety sets the premium from the contractor's credit and business history. You pay the premium and keep the $5,000 in your business.

Eligibility and Requirements for a Florida Contractor License ($5,000) Bond:

• Registration with the City of Lake Wales before pulling permits.
• Bond amount of $5,000 with the City of Lake Wales as obligee.
• Current contractor license on file.
• Proof of general liability insurance.
• Workers' compensation coverage or a workers' compensation exemption.

Florida Contractor License ($5,000) Bond FAQs:

Official and Additional Resources for the Florida Contractor License ($5,000) Bond: