Who needs a contractor license bond in Mahoning, Pennsylvania?
All contractors proposing work in Mahoning Township must post a surety bond in an amount determined by their contract.
- Contracts under $5,000: Bond for 50% of the contract amount
- Contracts over $5,000: Bond for 100% of the contract amount
Contractors must also provide the following:
- Plans for the proposed work, including square feet, description of materials, and more
- A workmen’s compensation affidavit
- An anti-collusion affidavit
- A notice of completion form (if applicable)
- A public works employment verification form (if applicable)
Complete requirements are listed in the proposal and contract packet provided by Mahoning Township.
Call ZipBonds at (888) 435-4191 to apply for your bond today! You can also check out our page on Pennsylvania contractor license bonds for state-specific information.
Get Your Mahoning Contractor License Bond:
How do contractor bonds work?
A contractor license bond guarantees that clients receive quality work from hired contractors. By signing the bond agreement, contractors agree to work by the standards and regulations of their obligee (Mahoning Township).
Clients may file a claim if a contractor breaks their surety contract. The surety will initially pay out a claim if approved, but contractors are ultimately responsible for paying the surety back in full for all associated costs.
You will pay a premium, a small percentage of the bond amount, to obtain your bond. ZipBonds can often get you bonded immediately, and premiums begin at just $100.
Frequently Asked Questions
Your initial bond will typically last for the calendar year you post it. You must then renew your bond for each consecutive year – for the duration of your project. Keep your bond updated to avoid fines and compliance issues in your location.
The bond amount is the highest dollar value a client can directly seek from a bonded contractor. However, if damages from completed work exceed that amount, clients may seek other forms of compensation. As a contractor, you can avoid claims by ensuring excellent work performance and answering client complaints promptly.
Apply for Your Contractor Bond in Mahoning, PA
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.