Those seeking work as a contractor in Orange County, Florida must file a $5,000 Contractor Performance Bond before receiving their certificate of competency. The bond protects the public from losses caused by the contractor, faulty workmanship, or defective materials.
Orange County, like many other government agencies, requires a surety bond as a financial tool for the protection of its constituents. Not all contractors have the financial capacity to readily fix a problem and not all contractors, even with the financial ability, will fix a problem they have caused. We understand it is a small percentage of contractors that fit into those categories, but enough risk exists to cause the need for this bond.
With Jet’s exclusive monthly payments, you can purchase your Orange County Contractor Bond for just $10 a month. If you’d like to take care of a whole year, it’s $100, guaranteed.
Bond Term | Cost |
---|---|
Monthly | $10 |
1 Year | $100 |
You will need to file the Contractor Bond by sending it to:
Orange County
Division of Building Safety
201 S Rosalind Avenue, 1st Floor
Orlando, FL 32802-2687
On September 30th the bond form is set to expire with Orange County. This makes it easier for the county to regulate this requirement. It is best to purchase the bond on monthly terms to avoid paying a minimum earned bond amount. Meaning Jet cannot offer lower than $100 for the bond. In shortened bond terms, contractors will pay what seems to be more than needed due to a rate filing requirement with the Florida Office of Insurance Regulation. So just pay $10 a month and then opt for an annual bond term next September.
The coverage of this bond extends for one (1) year after the date of final completion of the work. If any defects are found during this time, or any repairs are needed for the work you did, you will be obligated to make the necessary repairs. If you refuse or are unable to do so, it would be a valid reason for a Contractor Bond claim.
There are many types of contractors that need to have a bond on file. See the list below: