Florida - SeaPort Manatee Surety Bonds

SeaPort Manatee (also known as Port Manatee) is one of the largest and quickest growing deepwater ports in Florida, handling containerized, bulk, breakbulk, and heavy-lift cargos. Due to a large amount of incoming and outgoing shipments, the Port Authority has specific regulations in place to protect everyone involved. 

There are 3 different bond requirements: 

  1. Stevedore License Bond
  2. Port User Bond
  3. Access Way Obstruction Permit Bond

Although all are different bond requirements, they have the same general idea: to ensure a means of restitution is available should the bondholder fail to uphold their obligations to the SeaPort Manatee’s Port Authority.

SECURE YOUR BOND

Bond Limit
Stevedore$10,000
Port User125% of maximum liability on a single transaction, period, or annually
Access Way Obstruction125% of the repair and replacement value of the access way 
SeaPort Manatee Bond Types & Limits

To determine the bond’s price, Jet analyzes the required limit and the applicant’s credit. The quote provided is a small percentage of the bond amount. Larger bond limits may require a review of financial statements, but Jet will request this information if necessary.

Bonds with a limit of up to $10,000 (Stevedore Bonds, for example) have a starting rate of $100 for a one-year term. Additional bond limits and pricing are shown in the table below, which reflects preferred credit tier rates, all subject to approval.

Bond LimitCost
$10,000$100
$25,000$250
$50,000$500
$100,000$1,000
SeaPort Manatee Bond Pricing

For smaller bond limits, a quote will be provided immediately upon application submission. If the bond amount is higher, Jet will review the application and send you a quote via email when ready. 

Once the bond is purchased, it must be sent to Port Manatee. Jet can do this for you or you can submit it to the following address:

Port Manatee
300 S Dock St
Palmetto, FL 34221

Stevedore Bond
Stevedores are constantly handling passenger baggage or cargo. This clearly comes with risk, since the property being handled is not theirs and can be stolen or damaged. The Port Authority requires stevedores to hold a surety bond so SeaPort Manatee has a reliable path of recompense in cases where the stevedore commits an unlawful act, such as damaging cargo. 

Port User Bond
Those transferring cargo to and from SeaPort Manatee may be required to hold a surety bond. The Port User Bond guarantees compensation to the Port should a user fail to pay fees for services rendered and/or facility use.

Access Way Obstruction Permit Bond
Any road, railway, or other public access reading in or out of the Port cannot be blocked or otherwise obstructed without a permit in place. To obtain a permit, the applicant must obtain an Access Way Obstruction Bond which holds them liable for returning the access way to the same or better condition as it was prior to the obstruction. If any damage occurs during the obstruction, the applicant is responsible for fixing it, or a claim could be filed against the bond. 

Bond Claim, Renewal, and Cancellation Information

The surety industry works like this: a legitimate claim must be paid to the claimant, but unlike insurance, the bondholder must pay the surety company (Jet) back because claim payments are only made when there is proven negligence or fraud involved. Bond claims received by Jet from the Authority, for any bond type, will be thoroughly investigated to ensure validity prior to a payout. 

Should you need to renew your bond with Port Manatee, Jet’s renewal notice will hit your email and mailbox with plenty of time to do so before the bond ends. Clicking the link in the email is the quickest way to fulfill payment for the new term. You can also give us a call at 855-296-2663.

Cancellation may be requested at any time to [email protected]. 

Additional information on Florida Port Manatee Bonds can be found here.

SeaPort Manatee Surety 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: