Surety Bond Encyclopedia

Airport Authority Ground Transportation Business Permit ($1,000) Bond - Sanford, FL in Florida

Brief Summary

Picking up passengers at Orlando Sanford International Airport is a business that runs on the Sanford Airport Authority's permission. This $1,000 bond is part of that permit file, and a surety bond covers it for a premium so you are not tying up cash with the Authority.

The Sanford Airport Authority, which operates Orlando Sanford International Airport, is the obligee on this $1,000 Ground Transportation Business Permit bond. Commercial ground transportation operators file it with the Authority as part of their permit. The Authority takes pre-arranged transportation permit applications through its online portal at app.flysfb.com/GTX.

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How to Apply for a Airport Authority Ground Transportation Business Permit ($1,000) Bond:

  • Create an account and start the Pre-arranged Transportation Permit application in the Authority's GtxWeb portal.
  • Confirm with the Sanford Airport Authority the permit class, bond amount, obligee wording and any required bond form.
  • Provide the operating company's legal name and address exactly as on the permit application.
  • Provide owner information for the surety's credit review.
  • Purchase the $1,000 bond naming the Sanford Airport Authority and submit it with the permit file.

Detailed Information About the Florida Airport Authority Ground Transportation Business Permit ($1,000) Bond:

Who requires this bond

The Sanford Airport Authority runs Orlando Sanford International Airport (SFB). It is a nine member board appointed by the Sanford City Commission and has operated the airport since 1971. The bond names the Authority as obligee.

Who posts it

The bond is posted by the business holding the ground transportation permit, such as a shuttle or other pre-arranged transportation operator serving SFB passengers. The Authority's website lists a Pre-arranged Transportation Permit with an online application in its GtxWeb portal.

What the bond guarantees

A $1,000 permit bond is the operator's promise, backed by a surety company, that it will follow the Authority's permit terms and pay what it owes under them. If the Authority makes a valid claim, the surety pays up to $1,000 and the operator repays the surety.

Before the bond is issued

Confirm with the Sanford Airport Authority which permit class your operation falls under, the current bond amount, the exact obligee wording and any bond form the Authority wants used. Ask at the same time about the permit term and renewal date so the bond stays in force for the full permit period. The Authority's administrative offices are at 1200 Red Cleveland Blvd, Sanford, Florida 32773, phone 407-585-4000, open 8am to 5pm Monday through Friday except holidays.

Eligibility and Requirements for a Florida Airport Authority Ground Transportation Business Permit ($1,000) Bond:

  • Bond amount of $1,000 as listed for this permit.
  • Sanford Airport Authority named as obligee.
  • Business name on the bond matching the permit application exactly.
  • Bond kept in force for the full permit term.

Florida Airport Authority Ground Transportation Business Permit ($1,000) Bond FAQs:

Who is the obligee on this bond?

The Sanford Airport Authority, which operates Orlando Sanford International Airport. Pre-arranged transportation permits at SFB are applied for through the Authority's own online portal.

Where do I apply for the permit?

The Authority takes pre-arranged transportation permit applications online through its GtxWeb portal at app.flysfb.com/GTX. Questions can go to the Authority at 407-585-4000.

What does the $1,000 bond cover?

It backs the operator's obligations under the Authority's permit. If the Authority makes a valid claim, the surety pays up to $1,000 and the operator repays the surety.

Do I need to check anything before buying the bond?

Yes. Confirm the permit class, current bond amount, obligee wording and any required form with the Sanford Airport Authority before the bond is issued, so the bond is accepted the first time.

What does the bond cost?

You pay a premium to the surety rather than the full $1,000. The surety sets it after reviewing the business owner's credit and the bond amount.

Official and Additional Resources for the Florida Airport Authority Ground Transportation Business Permit ($1,000) Bond:

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