Working in Port St. Lucie, Florida will often require a license or permit before you can conduct business, and may require a surety bond. These bonds are used by Port St. Lucie to ensure there is a means of restitution for the City and its citizens if they are financially harmed by a licensee or permitholder running rampant and violating their obligations.
Bonds that may be enforced by the City of Port St. Lucie are:
The cost of a surety bond is determined by evaluating a couple of factors, mainly the bond limit and the applicant’s credit score. Sometimes, financial statements may be used, usually for high limits.
You can purchase your Port St. Lucie Surety Bond for as low as $100 a year (upon approval). For some bonds, Jet can offer a month-to-month payment option starting at just $10 a month.
To file your surety bond, you will need to follow the instructions given to you. If no instructions were specified, you may need to mail the bond to the following address:
City of Port St. Lucie
121 SW Port St. Lucie Blvd
Port St. Lucie, FL 34984
The bonds listed below have been mentioned in the Port St. Lucie Code of Ordinances. The City may enforce them when necessary.
Construction of Required Improvements Performance Bond
This bond is used for a contractor in charge of installing storm drainage facilities, bulkheads, streets, water and sewer lines, street lighting, and street trees. The bond amount is set at 120% of the cost of work. (PSL Ordinances, Section 156.059)
Wireless Communication Tower Removal Bond
The removal of an unused wireless communication tower required the applicant to obtain a bond before receiving final site development permits. The height of the tower determines the bond limit, which will be between $15,000 and $30,000. (PSL Ordinances, Section 158.213)
Cable Communications Performance Bond and Construction Bond
These bonds may be needed for a cable communications license in an amount determined by the City. These requirements may also be waived by the City. (PSL Ordinances, Section 114.09)
Building Mover Bond
The moving of houses or buildings, which must occur within a certain time period, might involve a surety bond requirement, which will be forfeited upon failure to complete the move within the given time. The bond amount is determined by the City. (PSL Ordinances, Section 158.208)
Utility Deposit Bond
Bonds like this are used in lieu of a deposit to receive waste or wastewater services from the City. The bond can be released after 36 consecutive months of on-time utility bill payments. Failure to pay bills will lead to the forfeiture of the bond. (PSL Ordinances, Section 61.07)
Sod Installation Performance Bond
The Performance Bond may be utilized when weather conditions prevent a builder to complete sod installation. The bond limit must be twice the cost to complete installation. (PSL Ordinances, Section 56.26)
If you need to renew your bond, just fill out the renewal that Jet sends to your mailbox and email near the end of your bond term. If any additional information is needed, our team will reach out.
To cancel your surety bond, send Jet an email at [email protected]. The bond will be held to any cancellation procedures enforced by the City or subsequent department.