Contractor License ($20,000) Bond - Village of Urbancrest, OH in Ohio

Brief Summary

The Village of Urbancrest lists a $20,000 bond as required unless otherwise specified, right next to the $100 contractor license. Put the bond, the license fee and your certificate of liability insurance in front of the zoning office together and your name goes on the village's approved contractor list.

The Village of Urbancrest requires contractors to hold a village contractor license, which costs $100.00, and to post a $20,000.00 bond unless otherwise specified, along with a certificate of liability insurance. The Village of Urbancrest is the obligee. Confirm the current bond form and filing steps with the village zoning office before the bond is issued.

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How to Apply for a Contractor License ($20,000) Bond:

• Contact the Urbancrest zoning office at (614) 875-1316 or zoning@villageofurbancrestoh.us for the current forms. Office hours are Tuesdays and Thursdays.
• Have the legal business name exactly as it will appear on the village contractor license.
• Owner name, home address and Social Security number for the credit review.
• Complete the bond application, pay the premium and receive the signed $20,000 bond.
• Get a certificate of liability insurance for the village file.
• Submit the bond, insurance certificate and $100.00 license fee to the village.

Detailed Information About the Ohio Contractor License ($20,000) Bond:

The default is $20,000

The village's Zoning page lists the contractor license at $100.00 and the bond at $20,000.00, marked required unless otherwise specified. Read that as the default for contractors working in Urbancrest. If the village has specified a different requirement for your trade or project, it will tell you when you apply. Otherwise, plan on the $20,000 bond.

A curb cut needs its own bond

Contractors also get caught by the smaller bonds tied to specific permits. The same page lists a curb cut permit at $25.00 plus a $2,000.00 bond. That is a separate instrument from the $20,000 contractor license bond, so a job that includes a curb cut can involve both. Right of way permits carry their own fees: $200.00 for commercial construction and $160.00 for maintenance, and $100.00 for residential construction and $80.00 for maintenance.

Getting on the approved list

The village publishes tables of contractors, grouped by general contractors, plumbing, HVAC and electrical, roofing, windows and tree services, each showing a phone number and an expiration date. Keeping the bond and insurance current keeps your listing current.

What the bond guarantees

The bond is a promise from the surety to the Village of Urbancrest that the contractor will follow the village's rules for the work performed under the license. If the contractor fails to do so and the village or a property owner is harmed, a claim can be made against the bond up to $20,000. The contractor must repay the surety for any claim it pays.

How the premium is set

The surety quotes an annual premium based mainly on the owner's personal credit and time in business. The bond amount is fixed at $20,000, so credit is what moves the price.

Eligibility and Requirements for a Ohio Contractor License ($20,000) Bond:

• Bond amount of $20,000, required unless the village specifies otherwise.
• Village of Urbancrest named as obligee.
• Certificate of liability insurance.
• Village contractor license fee of $100.00.
• A separate $2,000.00 bond for any curb cut permit.

Ohio Contractor License ($20,000) Bond FAQs:

Official and Additional Resources for the Ohio Contractor License ($20,000) Bond: