Residential Contractor ($5,000) Bond - Jacksonville, FL in Florida

Brief Summary

One $5,000 bond covers your company for permits pulled in Jacksonville, not each house you build. It is priced as a small yearly premium, it is usually issued quickly, and it is one of the documents the City expects before your residential permits move.

Jacksonville residential contractors can be required to post a single bond of up to $5,000 under Fla. Stat. 489.131(3)(e). The bond is conditioned only on compliance with the Florida Building Code, is payable to the Florida Homeowners' Construction Recovery Fund, and is filed with the City where building permits are requested.

We can help with all Florida bonds!

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

• Hold an active Florida residential contractor license.
• Use the company name exactly as it appears on the license and the JaxEPICS registration.
• Provide owner name, home address and Social Security number for the credit review.
• Complete the bond application and accept the quote.
• Receive the executed $5,000 bond payable to the Florida Homeowners' Construction Recovery Fund.
• File the bond with the City of Jacksonville with your registration documents.

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

The bond is narrower than most contractors assume

Section 489.131(3)(e) of the Florida Statutes lets a municipality require one bond for each contractor, in an amount not to exceed $5,000. The bond is conditioned only upon compliance with the Florida Building Code adopted under section 553.73. It is payable to the Florida Homeowners' Construction Recovery Fund and filed in each county or municipality where a building permit is requested. It is not a performance or payment bond on a homeowner's contract, and you do not post a new one for every job.

Local oversight in Jacksonville

The City's Construction Trades Qualifying Board operates under Chapters 62 and 342 of the Ordinance Code and Chapter 489, Parts I and II, Florida Statutes. Residential contractors are on its list of regulated trades, and the Board looks at competency, financial responsibility, credit and insurance qualifications. Published fees include a $75 contractor certificate application fee, a $65 contractor and administration examination, and a $160 contractor certificate renewal. A late renewal costs a double fee for each late cycle plus the application fee.

Getting set up to pull permits

The Building Inspection Division adds license holders to JaxEPICS through its contractor registration form. You submit a copy of your valid state construction certificate, picture identification, and either a workers' compensation certificate naming the City of Jacksonville as certificate holder or a Certificate of Election to be Exempt (Form DWC-252). Confirm the current bond form and filing steps with the Building Inspection Division before the bond is issued.

How premium is determined

The surety looks mainly at the owner's personal credit and the company's track record. Stronger credit means a lower yearly premium.

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

• Bond amount of $5,000, the statutory ceiling for a local contractor bond.
• Condition limited to Florida Building Code compliance.
• Payable to the Florida Homeowners' Construction Recovery Fund.
• One bond per contractor rather than per permit.
• Workers' compensation certificate naming the City of Jacksonville, or Form DWC-252 exemption.

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

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