City of Richland, Mississippi Contractor Bond
Who needs a contractor license bond in Richland, Mississippi?
Electricians, plumbers, and building contractors working in Richland, Mississippi, must obtain a surety bond. The mayor and the Board of Aldermen decide the bond amount for electricians and plumbers. Builders must post a bond for 200% of open space improvements (where applicable).
Learn more about your specific bonding requirements in the updated Richland Zoning Ordinance. You may also be required to obtain permits and insurance and pay registration fees as a contractor. Individual permits are listed on the Planning and Development Department’s website.
Need help? Call ZipBonds at (888) 435-4191 and one of our agents will gladly walk you through the bonding process. You can also check out our page on contractor license bonds in Mississippi for state-specific information.
Get Your Richland Contractor License Bond:
How does a contractor license bond work?
A contractor license bond holds contractors responsible for fulfilling all obligations of their proposed work and following the standards and regulations of their obligee (City of Richland). Clients can file a claim for damages if a contractor’s work is deemed faulty or insufficient. Approved claims are paid out by the surety company initially, but contractors are ultimately responsible for paying back the claim up to the full bond amount.
To acquire your surety bond, you’ll pay a premium (a small percentage of the penal sum). ZipBonds offers premiums as low as $100 and often issues contractor license bonds instantly.
Frequently Asked Questions
Bonds often expire annually. You must renew your bond by the date listed on your bond form and keep your license current to continue operating legally as a contractor.
The requirements dictated by a municipality usually include everything you need to work in that area. In some cases, both a local and a state bond may be necessary. Read municipality requirements carefully to maintain compliance in your area.
Apply for Your Contractor Bond in Richland, MS
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email email@example.com 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.