Cincinnati Street Contractor License Bond
Who needs a street contractor license bond in Cincinnati, Ohio?
All street contractors working in Cincinnati must post a $10,000 surety bond. Additional requirements for these contractors include:
- Obtaining a right-of-way permit
- Applying for a contractor license through the DOTE Permit & License Center
- Paying the annual fee of $120 ($85 for renewal)
- Providing a certificate of contractor’s liability insurance for $100,000 single person, $300,000 per occurrence
- Providing a copy of your Ohio Workers Compensation Certificate
- HVAC, refrigeration, electrical, plumbing, and hydronics contractors must provide a copy of their Ohio construction industry license
Need help with the bonding process? Call ZipBonds at (888) 435-4191, and one of our agents will gladly assist you. You can also check out our page on contractor license bonds in Ohio for state-specific information.
Get Your Cincinnati Street Contractor Bond:
How does a contractor license bond work?
A contractor license bond guarantees that contractors fulfill their obligations to clients. By signing the bond agreement, contractors agree to abide by the standards and regulations of the obligee (City of Cincinnati).
Clients can file a claim for damages if their contractor breaks any part of the bond agreement. Approved claims are initially paid to clients by the surety, but contractors are ultimately responsible for paying back claims up to the bond amount.
You will pay a small percentage of the penal sum, called a premium, to obtain your bond. ZipBonds offers premiums starting at $100 and can often issue bonds instantly.
Frequently Asked Questions
License bonds typically last for one year before needing to be renewed. Your renewal date will be listed on the bond form. Keep your bond, license, and permit up to date so you can continue working legally.
Often, only a single license bond is required. However, you may need multiple bonds if you work in a right-of-way and another trade. See the Cincinnati license registration packet for specific requirements in the city.
Apply for Your Contractor Bond in Cincinnati, OH
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.