Orlando, Florida Contractor Bonds

If you’re getting a license or permit in the “Theme Park Capital of the World”, it’s possible you need to file a surety bond with the City of Orlando. The City uses bonds as protection against damages, but it doesn’t work like a magic spell. A surety bond is only utilized when the license or permit holder is acting as a villain and breaking the law or obligations of said license or permit.

Here’s a list of Orlando Surety Bonds: Contractor’s Surety Bond, Electrical Contractor’s Bond, Improvements Bond (Performance/Maintenance), Telecommunications Surety Bonds (Construction/Blanket Construction/Performance/Maintenance), Private Owner Construction Bond, Tent Permit Bond, and Dredge and Fill Permit Bond. Apply with Jet to see what rate you’re approved for your Orlando Surety Bond!

APPLY FOR YOUR BOND

The cost of a bond will depend largely on which bond you need, the required bond limit, and oftentimes, a credit check. For high bond limits, financial statements are needed before a bond quote can be given. 

The price chart below is a broad example of what a preferred-credit applicant could be approved for. Actual quotes are subject to approval. 

Bond LimitCost
$10,000$100
$25,000$125
$50,000$250
Orlando Surety Bond Rates

Once you have completed your purchase, Jet will prepare your bond form. It will need to be filed according to the instructions given on your license or permit. If no specifications were given, the bond may need to be mailed to:

City of Orlando City Hall
400 South Orange Ave
Orlando, FL 32801

Details About Orlando Surety Bonds

Contractor’s Surety Bond
State-registered or limited specialty contractors must file a $5,000 bond to protect the City against loss or damages from the contractor’s negligence or improper execution of the particular construction of their permit. This bond expires on September 30th and must be renewed annually. 

Electrical Contractor’s Bond
Electrical contractors must file a $5,000 bond as protection against loss or damages from the electrician’s violations of the terms of their license. This bond expires on September 30th and must be renewed annually.

Improvements Bonds
Used to guarantee the completion of roads, street/alley, drainage facility, sidewalk, and sewer system construction or other ROW (right-of-way) improvements, Improvement Bond types are as follows:

  1. Performance - The amount of the bond must be the maximum estimated cost for the installation of the uncompleted portion of the ROW improvements. The bond is issued for 1 year but may be extended if work is not completed. The City will notify of any incomplete improvements which the contractor will have 45 days to correct. 
  2. Maintenance - used as a financial guarantee that correction and maintenance of any defects resulting from faulty materials or workmanship of improvements for a period of two (2) years. The City will notify of any corrections or maintenance needed which the contractor will have 45 days to correct. 

Telecommunications Surety Bonds
Communications service providers (or their contractors) performing work in public streets or sidewalks, parkways, curbs, storm sewer systems, or sewer systems may need a surety bond as described below:

  1. Construction - $15,000 bond to recover the cost of restoring the ROW if the contractor/provider fails to restore the site to its original condition. The City will give notice of incomplete work and the contractor/provider has 45 days to complete obligations before bond claims are filed. This bond is issued for a minimum of 12 months and cannot be cancelled.
  2. Blanket Construction - $500,000 surety bond that is purchased for 2-year periods in lieu of getting individual bonds for each project. The bond also has a 45-day period to correct any incomplete work. However, this bond can be renewed as needed and allows a 30-day cancellation period. 
  3. Performance - $250,000 bond required for the construction or substantial rebuild/upgrade/extension of a communications system or when there’s more than 1,000 of open trenching in the ROW. The bond is conditioned on compliance with the Orlando Communications Right-of-Way Utilization Ordinance. The bond must be in place for at least 18 months for the completion of the project and cannot be cancelled. 

Private Owner Construction Bond
Property owners that are doing construction that utilizes the public right-of-way must file a $5,000 bond. The property owner is liable for any damages that arise from obstruction, excavation, falling objects, or other causes in the streets or sidewalks; the bond will provide compensation to the City in the event of the contractor’s failure to pay for such loss or damages. 

Tent Permit Bond
A $5,000 bond is required for a tent permit to be issued. 

Dredge and Fill Permit Bond
A contractor seeking a Dredge and Fill Permit for work on lake floors will need to file a surety bond first. The Dredge/Fill Bond must be in an amount that is 100% equal to the contract price of the proposed dredging and fill and conditioned that the work will be completed according to the Dredge and Fill Permit Ordinances. 

Renewing or Cancelling an Orlando Surety Bond

When your surety bond is nearing the end of its term, Jet will send you a renewal notice via mail and email. If you need to renew your bond, simply fill out the notice. Additional information may be needed to verify your renewal rate. 

To cancel your bond, send Jet an email at [email protected]. We will request cancellation but will be bound to any cancellation provisions listed on the bond or any procedures the appropriate Department enforces. 

Orlando Contractor Bond

Notary Bond Application:

X

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

X

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

X

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: