Surety Bond Encyclopedia

Gas Fitting Contractor ($5,000) Bond - Madison, MS in Mississippi

Brief Summary

Gas fitters working inside Madison city limits post this $5,000 bond with the City of Madison, not with the state or the gas utility. It costs a premium paid to the surety rather than $5,000 of your cash, and once it is on file with the Building & Permits Department you can work under the city's permits and inspections.

The City of Madison, Mississippi lists a $5,000 surety bond for gas fitting contractors. The bond runs to the City of Madison and guarantees that the contractor will follow the city's ordinances and the conditions of its permits. Gas work in Madison is checked by the city's own inspectors, and the city requires all construction to comply with its adopted gas code.

We can help with all Mississippi bonds!

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

  • Business name and owner name exactly as they will appear on the city record.
  • Owner contact details and consent for a credit review by the surety.
  • The City of Madison bond form or wording, confirmed with the Building & Permits Department.
  • Payment of the bond premium.
  • Delivery of the signed original bond to the Building & Permits Department.

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

The bond goes to the city

A common mistake is assuming a gas fitting bond is filed with a state agency or the local gas company. This one is a municipal bond. The obligee is the City of Madison, which uses the name Madison the City on its website and forms, and the bond is handled by the Building & Permits Department.

How gas work is checked in Madison

The city's Obtaining a Permit page lists ten inspections the Building and Permit Department performs on new residential construction, and a Gas Inspection is one of them. The same page states that all construction must comply with the adopted building, plumbing, gas, mechanical and national electric codes. A $200.00 re-inspection fee applies to any inspection requested but not ready when the inspector arrives, or on the second rejection.

What the bond does

The bond is a three party promise. You are the principal, the surety company backs you, and the city is protected. If the city has a valid claim that you broke its ordinances or the terms of a permit, the surety pays up to $5,000 and you repay the surety.

Before the bond is issued

Call the Building & Permits Department at (601) 856-6336 or email permits@madisonthecity.com. Confirm the current bond form, the exact obligee wording and any licensing the city expects from a gas fitter. Getting the form right the first time saves a reissue.

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

  • Bond amount of $5,000 payable to the City of Madison, Mississippi.
  • A surety company authorized to write bonds in Mississippi.
  • Work that complies with the gas code the city has adopted.
  • Passing the city's gas inspection on residential construction.
  • Any licensing the Building & Permits Department requires for gas fitting work.

Mississippi Gas Fitting Contractor ($5,000) Bond FAQs:

Who is the obligee on this bond?

The City of Madison, Mississippi. The city calls itself Madison the City on its website. Confirm the exact name to print on the bond with the Building & Permits Department before it is issued.

Do I file this with the state or the gas utility?

No. It is a city bond. The signed original goes to the City of Madison Building & Permits Department, reachable at (601) 856-6336 or permits@madisonthecity.com.

Does the city inspect gas work?

Yes. The city's permit page lists a Gas Inspection among the ten inspections performed on new residential construction, and all construction must comply with the city's adopted gas code. A $200.00 re-inspection fee applies if an inspection is not ready when the inspector arrives or is rejected a second time.

How is the premium figured?

The surety sets it from the $5,000 bond amount and your application, mainly the owner's credit and business record. You pay that premium to the surety. You are not depositing $5,000 with the city.

What if a claim is paid on my bond?

The surety pays the city on a valid claim up to $5,000, then you reimburse the surety. The bond protects the city and the public, not the contractor.

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

Other Madison, MS Surety Bonds in Mississippi

Air Conditioning Contractor ($5,000)Electrical Contractor ($5,000)General Contractor ($5,000)House Moving Contractor ($5,000)Plumbing Contractor ($5,000)

All Mississippi Contractor bonds · All Madison, MS bonds · All Mississippi surety bonds