Class: Contractor License Bonds

Tennessee-City of Knoxville-Plumbing Contractor Bond ($10,000)

Tennessee-City of Knoxville-Plumbing Contractor Bond ($10,000) The City of Knoxville Plumbing Contractor Surety Bond is required by the City of Knoxville, Tennessee. The Bond amount (Penalty) required for this Bond is $10,000. This Bond indicates the principal has applied for a license to do business as a plumber in the City of Knoxville, Tennessee. Therefore the principal will be expected to faithfully abide by all rules and regulations of the City of Knoxville and all permits for work issued to the principal. The principal will also be expected to comply with all local and state laws.

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Tennessee-City of Knoxville-Mechanical Contractor Bond ($10,000)

Tennessee-City of Knoxville-Mechanical Contractor Bond ($10,000) The City of Knoxville Mechanical Contractor Surety Bond is required by the state of Tennessee City of Knoxville. The Bond amount(Penalty) required is $10,000. This Bond is required of principals that have applied for a license from the City of Knoxville to do business as a Mechanical Contractor. Therefore the principal is required to observe all rules and regulations of said license in order to indemnify said oblige of negligence from the principal and/or principal?s employees. The principal will also be required to comply with all local and state laws.

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Tennessee-City of Knoxville-Gas Installation and Servicemans Bond ($10,000)

Tennessee-City of Knoxville-Gas Installation and Serviceman’s Bond ($10,000) The City of Knoxville Gas Installation & Serviceman Surety Bond is required by the state of Tennessee City of Knoxville. The Bond amount(Penalty) required is $10,000. This Bond is required of principals that have applied for a license to do business as a Gas installation & Serviceman in the state of Tennessee. Therefore the principal will be required to comply with all rules and regulations regarding said permit in order to identify the City of Knoxville from negligence from the principal or the principal?s employees. The principal will also have to comply with all local and state laws.

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Tennessee-City of Knoxville-Electrical Contractor Bond ($10,000)

Tennessee-City of Knoxville-Electrical Contractor Bond ($10,000) The City of Knoxville Electrical Contractor Surety Bond is required by the state of Tennessee City of Knoxville. The Bond amount (Penalty) required is $10,000. This Bond is required of principals that have applied for a certificate from the City of Knoxville as a permit to do business as an Electrical Contractor. Therefore the principal must adhere to all rules and regulations of said permit to the satisfaction of the City of Knoxville. The principal will also be required to comply with all local and state laws.

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Tennessee-City of Chattanooga-Street Obstruction and Excavation Bond ($25,000)

Tennessee-City of Chattanooga-Street Obstruction and Excavation Bond ($25,000) A surety bond or surety is a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal’s failure to meet the obligation. As the obligee, the City of Chattanooga requires such a bond for contractors doing specific work within the city.

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Tennessee-Building License Permit Bond-City of Johnson City

Tennessee-Building License Permit Bond-City of Johnson City The City of Johnson City – Building License Surety Bond is required by the state of Tennessee City of Johnson City. The Bond amount (Penalty) required is $10,000. This Bond is required of principals that have applied for a license as a building contractor from the City of Johnson City. Therefore the principal is required to adhere to all laws pertaining to construction which shall indemnify the obligee from all claims due to negligence from the principal or the principal?s employees. The principal will also be required to comply with all local and state laws.

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Tennessee-Memphis and Shelby County Contractors Bond ($25,000)

Tennessee-Memphis and Shelby County Contractors Bond ($25,000) Contractor License Bond – Contractors are required to post a license or permit Bond before they can legally do business in Memphis and or Shelby County Tennessee. License and permit Bonds in Tennessee are issued as per the requirements in the State of Florida to make sure that someone performs business properly.

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Marion Mississippi Contractor License Bond ($5,000)

Town of Marion mississippi Contractor License Bond ($5,000) Contractor License Bond – Contractors are required to post a license or permit Bond before they can legally do business in Cities or Towns in the State of Mississippi. License and permit Bonds in Mississippi are issued as per the requirements in the State of Mississippi to make sure that someone performs business properly.

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City of Clinton, MS Contractor Bond ($5,000)

City of Clinton, MS Contractor License Bond ($5,000) A Contractors License Bond is a required by the state or county for the issuance of an active license, reactivation of a license, and for the maintenance of an actively renewed license. The Bond is filed for the benefit of consumers who may be damaged as a result of defective construction or other license law violations, and for the benefit of employees who have not been paid wages that are due to them. Construction professionals sometimes misunderstand the purpose of contractor license Bonds by assuming the coverage protects themselves. However, Surety Bond insurance is not the same as traditional insurance policies. This type of Surety Bond actually protects the general public by guaranteeing that construction professionals will adhere to whatever stipulations are found within the Bonds legal language. By purchasing contractor license Bonds, construction professionals agree to work according to certain regulations, thus protecting government agencies and consumers from potential financial loss.

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City of Ridgeland, MS Contractor Bond ($5,000)

City of Ridgeland,MS Contractor Bond ($5,000) A Contractor License Bond is a required by the state or county for the issuance of an active license, reactivation of a license, and for the maintenance of an actively renewed license. The Bond is filed for the benefit of consumers who may be damaged as a result of defective construction or other license law violations, and for the benefit of employees who have not been paid wages that are due to them. Construction professionals sometimes misunderstand the purpose of contractor license Bonds by assuming the coverage protects themselves. However, Surety Bond insurance is not the same as traditional insurance policies. This type of Surety Bond actually protects the general public by guaranteeing that construction professionals will adhere to whatever stipulations are found within the Bond’s legal language. By purchasing contractor license Bonds, construction professionals agree to work according to certain regulations, thus protecting government agencies and consumers from potential financial loss.

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