Surety Bond Encyclopedia

Contractor License ($5,000) (Partnership) Bond - Pasco County, FL in Florida

Brief Summary

When a partnership holds the contracting business, the bond names the partnership and the partners stand behind it. Expect each general partner to go through the credit review, and the $5,000 bond is ready to file with Pasco County once the quote is accepted.

Florida lets a county require one contractor bond of no more than $5,000, conditioned only on compliance with the Florida Building Code, under Florida Statutes 489.131(3)(e). In unincorporated Pasco County a contractor must register with the county before pulling permits or calling inspections. This version is for a contracting business organized as a partnership.

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

  • Use the partnership's exact name as registered with Pasco County.
  • List every general partner with home address for the credit review.
  • Complete the bond application and review the quoted premium.
  • Have a partner with authority sign the $5,000 bond for the partnership.
  • Have the partners sign the indemnity agreement if the surety asks for it.
  • File the executed bond with Pasco County Contractor Licensing and keep a copy.

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

Bonding a partnership

The principal on this bond is the partnership, under the exact name it uses for its Pasco County contractor registration. Sureties usually look to the general partners personally, so plan on each general partner being part of the credit review and signing the indemnity, and on a partner with authority signing the bond for the firm. If the partnership dissolves or the license moves to a corporation or LLC, the bond has to be reissued to the new holder.

What Florida law allows the county to require

Florida Statutes 489.131(3)(e) allows a county or municipality to require one bond per contractor, in an amount not to exceed $5,000. The bond may be conditioned only on compliance with the Florida Building Code. It is payable to the Florida Homeowners' Construction Recovery Fund, it must be filed in each county or municipality where a building permit is requested, and the statute says bond reciprocity shall be granted statewide. A contractor that provides a third party insured warranty policy on a new building or structure, for the benefit of the purchaser or owner, is exempt from the bond for that building or structure.

Registering in Pasco County

Pasco County Building Construction Services requires a licensed contractor to register before pulling building permits, being listed as a subcontractor, or obtaining inspections in unincorporated Pasco County. State certified contractors register through PascoGateway using the Certified Contractor Application. Local County Certificate of Competency holders also apply through PascoGateway. Questions go to contractorlicensing@mypasco.net.

New enforcement rules

The county page states that starting May 15, 2026, contractor vehicles must show the business name and license number on both sides in lettering at least 1.5 inches tall, advertisements must carry the license or certificate number, and each violation carries a $500 fine and a mandatory court appearance.

Confirm the current bond form and filing steps with Pasco County Contractor Licensing before the bond is issued.

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

  • Bond amount of $5,000, the most Florida Statutes 489.131(3)(e) allows a county to require.
  • Bond conditioned only on compliance with the Florida Building Code.
  • Partnership named as principal, signed by an authorized partner.
  • Active contractor registration with Pasco County before permits or inspections.
  • Credit review of the general partners, which shapes the premium rate.

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

Whose name goes on the bond?

The partnership's, exactly as it appears on the Pasco County contractor registration. The partners stand behind it through the surety's indemnity, but the principal is the firm.

What does this bond actually guarantee?

Florida Statutes 489.131(3)(e) limits a local contractor bond to compliance with the Florida Building Code. It is not a performance bond on any particular job and it does not cover your contract obligations to a customer.

Is anyone exempt?

The statute exempts a contractor that provides a third party insured warranty policy on a new building or structure, for the benefit of the purchaser or owner, from the bond for that building or structure.

We already have a $5,000 bond on file in another Florida county. Do we need another one?

The statute requires filing in each county or municipality where a permit is requested and also says bond reciprocity shall be granted statewide. Ask Pasco County Contractor Licensing whether your existing bond can be accepted before buying a new one.

How is the premium set?

The surety prices the bond from the credit of the general partners and the firm's history. You see the quote before you pay anything.

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

Other Pasco County, FL Surety Bonds in Florida

Contractor License ($5,000) (Corporation)Contractor License ($5,000) (Individual)

All Florida Contractor bonds · All Pasco County, FL bonds · All Florida surety bonds