Portsmouth, Ohio Contractor License Bond
Who needs a contractor license bond in Portsmouth, Ohio?
All contractors seeking a work permit in Portsmouth must register with the city and post a $25,000 surety bond.
Additionally, these contractors must:
- Complete the registration
- Pay the $100 registration fee (for new registration and renewal)
- Provide a copy of a State of Ohio specialty contractor license
- Provide a copy of liability insurance up to $300,000
- Show proof of workers’ compensation coverage if there is more than one employee
- Show a good-standing account with the city income tax division
Complete requirements are listed in Chapter 1323 of the municipal code.
If you’re unsure if this bond applies to you, call us at (888) 435-4191. One of our agents will be more than happy to help you out. You can also check out our page on contractor license bonds in Ohio if you need state-specific information.
Get Your Portsmouth Contractor Bond:
How do contractor license bonds work?
When obtaining this bond, the principal (contractor) enters into an agreement with the obligee (City of Portsmouth) and the surety company. A contractor license bond guarantees that the bonded contractor complies with applicable licensing, registration, and permit laws. If they don’t, any parties that suffer as a result can file a claim against the bond for compensation. The surety company may initially cover any damages incurred, but the principal must later repay them in full.
These bonds are quickly issued and typically cost only $100. Get bonded today by filling out the form below.
Frequently Asked Questions
Bonds typically run on one-year terms and may have the same renewal deadline as the contractor registration. Be sure to keep these and your insurance up to date to remain in good standing with the City of Portsmouth.
If you work in multiple trades, you may need a separate bond for each trade. You can reach out to the Portsmouth Building Department to verify the requirements. Don’t hesitate to contact ZipBonds if you have further questions!
Apply for Your Contractor Bond in Portsmouth, 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.