Surety Bond Encyclopedia

Contractor License ($10,000) Bond - City of North Canton, OH in Ohio

Brief Summary

North Canton issues every permit for new construction, additions and building modifications through its own Department of Development Services, and the $10,000 contractor license bond is filed with that same office. A surety bond meets the requirement for an annual premium, so the $10,000 stays in your business instead of on deposit with the city.

The City of North Canton, Ohio requires a $10,000 contractor license bond from contractors licensed to work in the city. The City of North Canton is the obligee, and the bond is filed with the Department of Development Services at City Hall, 145 North Main Street, which administers the building codes and issues all permits for new construction, additions and modifications to buildings.

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How to Apply for a Contractor License ($10,000) Bond:

  • Contact the North Canton Department of Development Services for the current contractor license application and bond form.
  • Have the legal business name exactly as it will appear on the city license.
  • Complete the bond application and review the quoted premium on the $10,000 amount.
  • Pay the premium and receive the executed $10,000 bond naming the City of North Canton.
  • Submit the bond with the license application at City Hall, 145 North Main Street, or as the department directs.
  • Keep the bond in force for as long as the city license stays active.

Detailed Information About the Ohio Contractor License ($10,000) Bond:

Where this bond fits

North Canton handles its own building permits. The city's Department of Development Services administers the building codes and is responsible for issuing all permits for new construction, additions and modifications to buildings. Permit applications can be made in person at City Hall, 145 North Main Street, by mail or online, and the department publishes its permit fees in a city fee schedule.

The contractor license bond is part of getting licensed with the city before that permit work begins. It is written for $10,000 and names the City of North Canton as obligee.

City license and state license are separate

Contractors in the mechanical trades hold a state license from the Ohio Construction Industry Licensing Board, which licenses electrical, HVAC, plumbing, hydronics and refrigeration contractors. That state license is its own credential. The city contractor license and its bond are a separate local filing with the City of North Canton.

The local law behind it

North Canton publishes its Codified Ordinances free through the city website, organized by component code, chapter and section in the same decimal style as the Ohio Revised Code. The city notes that the online version may lag the most recent legislation and directs questions about the official text to the Clerk of Council. Confirm the current bond form, license fee and filing steps with the Department of Development Services before the bond is issued.

What the bond guarantees and how premium is set

The bond guarantees that the licensed contractor will follow the city's building regulations and permit requirements on work in North Canton. If the city or a member of the public makes a valid claim, the surety pays up to $10,000 and then looks to the contractor for repayment. Premium is a percentage of the $10,000 bond amount that the surety sets after reviewing the owner's personal credit and, for some applicants, business financials and time in the trade.

Eligibility and Requirements for a Ohio Contractor License ($10,000) Bond:

  • Bond amount of $10,000.
  • City of North Canton named as obligee.
  • Business name on the bond matching the city license application.
  • Electrical, HVAC, plumbing, hydronics and refrigeration contractors also hold their OCILB state license, which is separate from the city bond.
  • Owner credit review by the surety.

Ohio Contractor License ($10,000) Bond FAQs:

Who is the obligee on the bond?

The City of North Canton. The bond is filed with the city's Department of Development Services, the office that issues building permits.

I already hold an Ohio OCILB license. Does that cover me in North Canton?

The OCILB license is a state credential for mechanical trades. The city contractor license and its $10,000 bond are a separate local filing, so ask the Department of Development Services what it needs from state license holders when you apply.

Where do I find the local rules?

North Canton publishes its Codified Ordinances on the city website. The city advises that the online copy may not reflect the newest legislation and refers questions on the official text to the Clerk of Council.

How is the premium calculated?

The surety charges a percentage of the $10,000 bond amount. The rate depends mainly on the owner's personal credit, with business financials and experience considered for some applicants.

Contractor License ($10,000) in Other Ohio Locations

City of Bedford Heights, OHCity of Bellefontaine, OHCity of Bexley, OHCity of Girard, OHCity of Mentor-on-the-Lake, OHCity of Niles, OHCity of Reynoldsburg, OHCity of Seven Hills, OHCity of Springfield, OHCity of Twinsburg, OHCity of University Heights, OHCity of Warren, OH

All Ohio Contractor bonds · All City of North Canton, OH bonds · All Ohio surety bonds