City of Macedonia Contractor Bond
Who needs a contractor bond in Macedonia, Ohio?
All contractors and subcontractors registering to work in Macedonia must post a surety bond. General contractors must post a $25,000 bond, and subcontractors must post a $10,000 bond.
Other requirements include the following:
- Complete the registration application.
- Pay a $100 registration fee.
- Provide a certificate of insurance naming Macedonia as the “additional insured.”
- Complete the Regional Income Tax Agency (RITA) registration form #48.
- Provide a copy of an Ohio state license if you are a plumbing, electric, HVAC, refrigeration, hydronics, or other state-licensed contractor.
You can find a complete list of requirements in the Macedonia contractor registration packet.
Contact ZipBonds with any questions by calling (888) 435-4191. We’d be happy to walk you through the correct bond application. We also have a page on contractor license bonds in Ohio if you want state-specific information.
Get Your Macedonia Contractor Bond:
How do contractor bonds work?
A contractor license bond ensures that contractors complete satisfactory work for their clients. Contractors guarantee they’ll work according to the standards and regulations of the obligee (City of Macedonia). If they don’t, clients can file a claim on the bond. The surety may step in to settle the claim immediately. However, the contractor is ultimately responsible for repaying the surety in full (plus additional fees and interest).
To acquire your bond, you’ll pay a premium, a small percentage of the penal sum. ZipBonds offers premiums starting at $100 and can issue many bonds instantly.
Frequently Asked Questions
When do I need to renew my bond?
Bond terms often last for one year. Your bond renewal date will be listed on the bond form and may follow the registration renewal deadline.
Will I need multiple contractor license bonds?
If you work in multiple trades, you may need one bond per trade. You can contact us with any questions concerning your bonding needs.
Apply for Your Contractor Bond in Macedonia, OH
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email support@zipbonds.com or call 888.435.4191 to speak with an agent directly.
About ZipBonds.com
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.