Obligee: Florida Department of Business and Professional Regulation Surety Bonds

Florida Statement of Bonding Limits ($10,000) In order to obtain a Certified Electrical, Alarm System or Specialty Contractors license in the State of Florida, the applicant must submit a “Statement of Bonding Limits” in the amount of $10,000 from a Surety company.

Florida Statement of Bonding Limits ($25,000) In order to obtain a Certified Electrical, Alarm System or Specialty Contractors license in the State of Florida, the applicant must submit a “Statement of Bonding Limits” in the amount of $25,000 from a Surety company.

Florida Construction License Bond In the State of Florida a Surety Bond is required, by the Florida Construction Industry Licensing Board, for any person(s) engaging in work as a Contractor. This Bond is considered an “adverse selection” Bond as it only pertains to contractors with a credit score under (660). This Bond states that the Contractor must faithfully and accurately keep their books, records, and reports and will make such known to the Department of Business and Professional Regulation. The Bond must stay in effect until the Principal (Applicant) can demonstrate a FICO score of 660 or above.