Surety Bond Encyclopedia

Contractor License ($5,000) Bond - City of Mccomb, MS in Mississippi

Brief Summary

A license from the state does not settle what the City of McComb asks for inside its limits. The city runs its own contractor licensing through the Inspection and Zoning Department, and this $5,000 bond is written to the City of McComb. Call the department first to confirm the bond form and which license it goes with, then have the bond issued in the exact name on your city application.

The City of McComb, Mississippi is the obligee on this $5,000 contractor license bond. The city's Inspection and Zoning Department handles building, electrical, mechanical, plumbing and sign permits and serves as secretary to the city's Licensing Board of Electrical, Plumbing and Mechanical Contractors. Confirm the current bond form and filing steps with the department before the bond is issued.

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

  • Call the McComb Inspection and Zoning Department at 601-249-3054 to confirm the current bond form and which license it attaches to.
  • Use your legal name and business name exactly as they will appear on the city license application.
  • Apply for the $5,000 bond naming the City of McComb as obligee.
  • Sign the bond as principal and get the surety's signature and power of attorney.
  • File the executed bond with the Inspection and Zoning Department at 122 South Broadway Street, McComb MS 39648.

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

Who asks for this bond

The obligee is the City of McComb. Contractor licensing and permits in McComb run through the Inspection and Zoning Department at 122 South Broadway Street, McComb MS 39648, phone 601-249-3054. The department issues permits for building, electrical, mechanical, plumbing and sign work, and its staff serves as secretary to the Licensing Board of Electrical, Plumbing and Mechanical Contractors, the Planning Commission, the Historic Preservation Commission and the Board of Adjustments and Appeals.

What the bond does

A contractor license bond is a promise from a surety company to the city. The contractor is the principal and agrees to follow the city's ordinances and the codes it enforces. If the contractor fails to do that and a valid claim is made, the surety pays up to $5,000 and the contractor must repay the surety. It is not liability insurance and it does not protect the contractor.

The codes McComb enforces

The city lists these adopted codes: the 2017 National Electrical Code and the 2018 editions of the International Residential Code, International Building Code, International Fire Code, International Mechanical Code, International Plumbing Code, Fuel Gas Code, Property Maintenance Code and International Swimming Pool and Spa Code. Work done under a city license is held to these editions.

Before the bond is issued

Call the Inspection and Zoning Department and confirm three things: whether the city supplies its own bond form or accepts a surety's standard form, the exact obligee wording, and which license type or trade the bond attaches to. Have the bond written in the same legal name and business name that appear on your city license application. Any license required by the State of Mississippi is a separate matter and is not replaced by this bond.

What the premium depends on

The surety sets the premium after reviewing the owner's credit and business history. The city does not set the premium.

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

  • Bond amount of $5,000.
  • City of McComb, Mississippi named as obligee.
  • Work performed to the codes the city has adopted, including the 2017 National Electrical Code and the 2018 International codes.
  • Principal name on the bond matching the city license record.
  • Owner credit review by the surety to set the premium.

Mississippi Contractor License ($5,000) Bond FAQs:

Who do I file this bond with?

The City of McComb Inspection and Zoning Department, 122 South Broadway Street, McComb MS 39648. The phone number is 601-249-3054. Confirm the current form and filing steps with them before the bond is issued.

How much is the bond?

This bond is written for $5,000 with the City of McComb as obligee. The surety's liability on a claim is limited to that amount.

Does a state contractor license replace the city bond?

No. The city runs its own licensing and permitting through the Inspection and Zoning Department, and a state license is a separate requirement. Ask the department which city license your trade needs.

Is this bond insurance for my business?

No. The bond protects the city and the public if you fail to follow city ordinances and codes. If the surety pays a claim, you are responsible for paying it back.

What does the bond cost?

The surety quotes an annual premium after reviewing your credit and business history. Apply online to see your price.

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

Contractor License ($5,000) in Other Mississippi Locations

City of Biloxi, MSCity of Brandon, MSCity of Brookhaven, MSCity of Clinton, MSCity of Florence, MSCity of Forest, MSCity of Horn Lake, MSCity of Jackson, MSCity of Magee, MSCity of Pearl, MSCity of Ridgeland, MS

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