Who needs a contractor license bond in Sanford?
The City of Sanford in Florida requires contractors working in the city to maintain a $2,000 code compliance bond. This applies to all contractors working within city limits. If you have questions about this bond or other licensing requirements, you can contact the Sanford Building Division. They have an online portal and can also be reached by phone at 1-888-606-3726.
This Sanford bond requirement is in addition to the statewide Florida bonding requirement, which states that all businesses and individuals acting as construction contractors with a credit score of 660 or lower must hold a license bond.
Get Your Sanford Contractor License Bond:
How does a contractor license bond work?
Code compliance bonds ensure that contractors abide by applicable regulations and codes set by their obligee (the City of Sanford). The bond is a safeguard for clients, ensuring the contractor (principal) adheres to any applicable city and state laws while performing work in the city. If they break a law that results in damages for the client, the client may file a claim to recoup their losses. Bond claims can be expensive and damage a contractor’s reputation so should be avoided at all costs.
To obtain your surety bond, you will pay a premium – a small percentage of the bond value. ZipBonds can issue contractor license bonds quickly, at a typical premium rate of $100.
Frequently Asked Questions
This bond lasts for one year and then must be renewed annually. It’s essential to remain in good standing with your state and municipality by avoiding any lapses in coverage.
To avoid claims submitted by clients, strive to complete all work in a timely and professional manner. If a customer complains about your work, address it as soon as possible and try to rectify the problem before the complaint becomes an official claim.
Apply for Your Contractor Bond in Sanford, Florida
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email firstname.lastname@example.org or call 888.435.4191 to speak with an agent directly.
Founders Ryan Swalve and Zach Mefferd formed the vision for ZipBonds.com when they realized how overly complicated it was to help clients place surety. The frustration of being unable to incorporate the technology they’d used in other insurance-focused projects left them thinking “there has to be a better way.”
Fast forward a couple of years, and that better way is the impetus of everything we do at ZipBonds. We constantly look for innovative ways to improve the bonding process for our clients and agents. Our team comprises individuals who understand all angles of surety – for companies, agencies, and individuals. Incorporating everyone’s point of view to improve the process while simultaneously integrating cutting-edge technology is what sets our business apart.