The City of St. Petersburg, Florida uses surety bonds as a way to protect itself or its people from damages caused by license and permit holders who deviate from their obligations. Enforced bonds include Work Permit/Minor Easement, Right-of-Way Performance Bond, Demolition Bond, Landscape Permit Bond, Building Mover Bond, and the Utility Deposit Bond.
Although actual bond costs are subject to credit approval, some St. Petersburg surety bonds can be purchased for as little as $10 monthly or $100 for one year. When you apply for a lower limit bond, you’ll be provided a rate instantly. Higher limit bonds must be reviewed by Jet’s underwriters. See the chart below for an example of what bond rates start at for different limits.
Bond Term | Monthly Cost | 1-Year Cost |
---|---|---|
$10,000 | $10 | $100 |
$25,000 | $25 | $250 |
$50,000 | $50 | $500 |
You will need to file the surety bond according to the instructions for your license or permit. If no instructions are given, you may send the bond to the City office:
City of St. Petersburg
PO Box 2842
St. Petersburg, FL 33731
Work Permit/Minor Easement Bond
A contractor receiving a work permit or working on a minor easement will need a surety bond to prevent against the City’s losses for any incomplete contract work.
Right-of-Way Bond
A contractor receiving a construction permit for work in the public right-of-way must provide a $25,000 Performance Bond. The bond is to be in place for at least 1 year and until 12 months after the work is completed and the site is restored to its original condition. (St. Petersburg Ordinances, Section 25-311)
Demolition Bond
Contractors need to file a Demolition Bond before receiving a demolition permit as protection against damages from a contractor failing to complete the obligations of said permit. (St. Petersburg Ordinances, Section 16.20.080.8)
Landscape Permit Bond
If a contractor is unable to complete landscape installation on a site, due to special circumstances like weather conditions, a surety bond may be used to guarantee the completion of landscaping. The bond amount must be 110% of the estimated landscaping cost. (St. Petersburg Ordinances, Section 16.70.030.1.4)
Building Mover Bond
A building mover is required to post a $50,000 bond to protect the City against damages to public property or to compensate for cleaning debris from public streets and alleys. The bond may be purchased annually. (St. Petersburg Ordinances, Section 8-424)
Work Permit/Minor Easement Bond
A contractor receiving a work permit or working on a minor easement will need a surety bond to prevent against the City’s losses for any incomplete contract work.
Right-of-Way Bond
A contractor receiving a construction permit for work in the public right-of-way must provide a $25,000 Performance Bond. The bond is to be in place for at least 1 year and until 12 months after the work is completed and the site is restored to its original condition. (St. Petersburg Ordinances, Section 25-311)
Demolition Bond
Contractors need to file a Demolition Bond before receiving a demolition permit as protection against damages from a contractor failing to complete the obligations of said permit. (St. Petersburg Ordinances, Section 16.20.080.8)
Landscape Permit Bond
If a contractor is unable to complete landscape installation on a site, due to special circumstances like weather conditions, a surety bond may be used to guarantee the completion of landscaping. The bond amount must be 110% of the estimated landscaping cost. (St. Petersburg Ordinances, Section 16.70.030.1.4)
Building Mover Bond
A building mover is required to post a $50,000 bond to protect the City against damages to public property or to compensate for cleaning debris from public streets and alleys. The bond may be purchased annually. (St. Petersburg Ordinances, Section 8-424)
Utility Bond
A person who is receiving one or more utility services from the City (water, sewer, sanitation, stormwater, and reclaimed water) can choose to file a surety bond instead of a security deposit. The bond protects the City against missed utility payments. You will need to renew the bond as long as you’re received utility services from the City; cancelling the bond will require 60 days’ notice. (St. Petersburg Ordinances, Section 27.3)
If your St. Petersburg Surety Bond is purchased annually, you will need to fill out Jet’s renewal notice to keep your bond active. You will find the renewal notice in your mailbox or email inbox near the end of your bond term. Simply complete the notice to get your renewal started. If any additional information is needed, our team will reach out to you.
To cancel your bond, send our team an email at [email protected]. We are bound to any cancellation provisions listed on your bond—this could be a specific cancellation period or perhaps your bond will only be released once all work is completed. Either way, we will contact the City of St. Petersburg to begin the cancellation process.