Excavation or Fill Bond - Sarasota, FL in Florida

Brief Summary

An excavation or fill bond lets a Sarasota project get its earthwork permit without leaving a cash deposit with the city. It guarantees the site will be graded, stabilized and restored as the permit requires, for an annual premium.

The excavation or fill bond is a local permit bond required by the City of Sarasota, not a statewide contractor license bond. It is posted by the permit holder for excavation, filling or earthmoving work and names the City of Sarasota as obligee. Confirm the required amount, bond form and filing steps with the city before the bond is issued.

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How to Apply for a Excavation or Fill Bond:

• Confirm with the City of Sarasota that your excavation or fill permit requires a bond, and get the required amount and form.
• Have the site plan, permit application number and property address ready.
• Provide the legal name of the permit applicant exactly as it appears on the application.
• Complete the bond application and authorize the credit review.
• Pay the premium and file the executed bond with the city before the permit is issued.

Detailed Information About the Florida Excavation or Fill Bond:

This is a local permit bond, not a state license bond

Many contractors assume excavation bonds come from the state licensing board. This one does not. It is tied to a specific excavation or fill permit issued by the City of Sarasota, and it covers that site and that permit only. A Florida contractor license does not replace it, and the bond does not license you to do excavation work elsewhere.

Who posts it and what it guarantees

The permit applicant posts the bond, usually the property owner or the site contractor doing the earthwork. The City of Sarasota is the obligee. The bond guarantees that the excavation or fill will follow the approved plans and permit conditions, including final grading, slope stabilization, drainage and restoration of any public property disturbed by the work. If the permit holder leaves the site unfinished or unsafe, the city can claim against the bond to pay for the corrective work.

Amount and premium

The bond amount is set by the city for the permit, often based on the size of the site or the cost of restoration. Confirm the figure and the city's bond form before the surety issues the bond. Premium depends on the bond amount, the applicant's credit and the contractor's earthwork experience.

Eligibility and Requirements for a Florida Excavation or Fill Bond:

• City of Sarasota named as obligee.
• Bond amount set by the city for the specific permit.
• A surety company authorized to write bonds in Florida.
• Completion of grading, stabilization and restoration as the permit requires.

Florida Excavation or Fill Bond FAQs:

Official and Additional Resources for the Florida Excavation or Fill Bond: