Surety Bond Encyclopedia

Sign Contractor ($5,000) Bond - City of Maitland, FL in Florida

Brief Summary

Maitland's $5,000 sign contractor bond sits at the ceiling Florida law sets for local contractor bonds. You pay a small annual premium instead of tying up $5,000 in cash, and the bond can be issued as soon as the city confirms its form and filing details.

The City of Maitland lists a $5,000 surety bond for sign contractors pulling permits within city limits. Florida law caps local contractor bonds at $5,000 per contractor and conditions them only on compliance with the Florida Building Code. The obligee is the City of Maitland. Confirm the current form and filing steps with the city permitting office before the bond is issued.

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

  • Call the City of Maitland permitting office at (407) 539-6150 to confirm the bond form, obligee wording and where to file it.
  • Have the license your sign work is performed under and the business name exactly as it appears on that license.
  • Complete the bond application with owner details for the credit review.
  • Pay the premium and receive the executed $5,000 bond.
  • File the bond with the city and bring your contractor registration current in the city's online permitting system before applying for a sign permit.

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

What sign contractors usually get wrong

Sign work in Maitland needs a permit, and the city will not issue one until the contractor's registration is current in its online permitting system. Many sign companies line up the license and insurance and forget the bond. Florida law allows a city to require one bond per contractor of no more than $5,000, under section 489.131(3)(e) for construction contractors and section 489.537(3)(d) for electrical contractors. Maitland's listing for sign contractors is at that $5,000 ceiling.

What the bond guarantees

A local contractor bond of this kind is conditioned only on compliance with the Florida Building Code. If a sign you install fails code and is not corrected, a claim can be made against the bond up to its face amount, and you repay the surety for anything it pays. It is not a performance bond on a particular sign and it does not guarantee your contract with the customer.

What Maitland checks before a permit

The city's checklist names a Business Tax Receipt unless exempt, a contractor's license specific to the trade, liability insurance and workers' compensation insurance. If you have not done work in Maitland within the past 12 months, the city asks you to verify your information is up to date. Questions on the bond form and filing go to the permitting office at (407) 539-6150.

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

  • Bond amount of $5,000, the ceiling Florida law sets for a local contractor bond.
  • Bond conditioned only on compliance with the Florida Building Code.
  • Business Tax Receipt unless exempt, a trade license, liability insurance and workers' compensation insurance on file with the city.
  • Business name on the bond matching your license and city registration.
  • Annual premium set by the surety after an owner credit review.

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

Who is the obligee on this bond?

The City of Maitland. Ask the permitting office for its exact obligee wording and any city bond form before the surety issues the bond.

Does this bond cover my contracts with customers?

No. Florida law conditions local contractor bonds of this type only on compliance with the Florida Building Code. A job that calls for a performance or payment bond needs a separate bond.

What happens if a claim is paid?

The surety pays a valid claim up to the $5,000 bond amount and then looks to you for repayment. A surety bond is a guarantee, not insurance for the contractor.

How is the premium set?

The surety quotes an annual premium based mainly on the owner's credit and business history. You pay the premium, not the $5,000 face amount.

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

Other City of Maitland, FL Surety Bonds in Florida

Electrical Contractor ($1,000)General Contractor ($5,000)Plumbing Contractor ($1,000)Pool Contractor ($5,000)

Sign Contractor ($5,000) in Other Florida Locations

City of Jacksonville, FL

All Florida Contractor bonds · All Florida Sign bonds · All City of Maitland, FL bonds · All Florida surety bonds