Guilford County Land Improvement Bond

Guilford North Carolina Land Improvement Bond

In Guilford County, North Carolina, the Development Ordinance requires any contractor whose project disturbs more than one acre of land to provide an erosion control plan and post a surety bond prior to receiving a grading permit. Jet Insurance Company provides the financial guarantee for the contractor to the County of Guilford allowing the project to begin.

PURCHASE GUILFORD COUNTY LAND IMPROVEMENT BOND

At Jet we cut out the middlemen who collect fees just to shuffle information back and forth to various surety carriers.

What Is the Lowest Price for the Bond?

At Jet, the Guilford County Land Improvement Bond starts as low as $100, but will typically cost more as the bond rate is dependent on the total bonding amount required by the county. The surety bond amount is determined by multiplying $1,500 times the number of acres of land disturbed (or $2,000 per acre for demolition landfill). 

The bond prices, even for larger bonding limits, is just a small fraction of the bond amount. Jet may need to review project details and financial statements to determine eligibility and price.

Can Jet File the Land Improvement Bond to the County of Guilford for Me?

Why not?! We collect all necessary information and signatures following purchase so Jet can ship the original bond to Guilford County’s Planning and Development Department to be filed. An electronic copy of the bond is immediately available after purchase for your records.

Should you want to send the bond yourself (maybe with other permit application documents), let Jet know during checkout. Please note the bond must be filed with Guilford County at the following address:

Guilford County Planning and Development
Attn: Earl E. Davis II - Inspections Division
Post Office Box 3427
Greensboro, N.C. 27402 (336) 641-3334

Can I Cancel My Land Improvement Bond?

If you decide to cancel the bond, a written notice must be sent to Jet. We will then send a cancellation request to Guilford County. Please note that the grading permit may be revoked if the bond is not in force, and would not be reinstated until another surety bond is in force.

If for some reason you choose to cancel your bond prior to commencing permitted work, Jet can refund the premium payment once Guilford County releases Jet’s liability. Otherwise, bond premium will not be refunded.

How Does a Contractor Avoid a Bond Claim?

Contractors in Guilford County can avoid claims against their surety bond by simply completing their projects in accordance with the county’s standards, approved sediment control plan, and grading permit. Violations of the sediment control plan or abandoned projects may prompt Guilford County to invoke their right to draw against the surety bond, to include civil penalties that could range as high as $5,000 per day of violation. Be sure to address any outstanding items following an inspection.

What Happens If I Get a Bond Claim?

If corrective action is not taken following an inspection or the erosion control work is abandoned entirely by the contractor, the county may process a claim against the surety bond directly with Jet. In this event, Jet will thoroughly investigate the validity of the claim. 


If the claim is valid, Jet is obligated per Guilford Development Ordinance Section 7-4.12 to pay the claim up to the total sum of the bond. The surety bond acts as a line of credit, and the contractor is responsible to reimburse Jet. The contractor is still responsible for their actions, and will need to reimburse Jet to reinstate their bond, along with their building permit with Guilford County.

Why Does the County of Guilford Require the Land Improvement Bond?

Guilford County’s Soil Erosion Control Bond exists as a fiscal tool for Guilford County to utilize to correct negative effects of uncontrolled sedimentation, including pollution, damage to waterways, and wildlife endangerment. Erosion control plans are in place to ensure that improvements will be built that establish protective cover on disturbed land, control the velocity of runoff, and prevent off-site sedimentation. The County needs the Land Improvement Bond as a third party guarantee should contractors who disturb land in the county fail to act in accordance with the plan to control erosion and sedimentation.

The surety company, Jet,  guarantees the county will be reimbursed for expenses required to repair the issue. The county does not want to be in charge of repairs and will hold the contractor and any surety company that backs them at fault.

How Does the Application Process Work With Jet?

For smaller projects with bond limits below $15,000, the application can be completed in minutes by providing some basic business information. Once you have completed the process, the original bond will be mailed to Guilford County for filing, and a copy will be made immediately available to you.

Above $15,000, your application starts with our simple online application. One of our underwriters will reach out to you shortly afterwards. We may need more information to determine eligibility and price, including financial statements, project description and a copy of the permit. We offer an online payment when the quote is ready. Once you pay your premium, your receipt and bond copy will be available to you.

PURCHASE GUILFORD COUNTY LAND IMPROVEMENT BOND

How Do I Renew My Land Improvement Bond?

The Land Improvement bond and the associated grading permit are written for one year to cover the duration of a single land development project, but can be renewed for an additional six months if a project extends beyond the first year. 

Should a project extend beyond its first year, Jet will notify you via email months before your renewal date. Jet will also refund your premium on a pro rata basis for the portion of the premium not used.

Are There Other Bonds That a Landowner in Guilford County Needs?

A contractor working on land improvement in Guilford County doesn’t need additional bonding per the Development Ordinance, but some contractors on the job, such as landscape, irrigation, and electrical contractors, are required to hold a bond for their license. Check out other North Carolina construction bonds by clicking here.

Guilford North Carolina Land Improvement Bond Form

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: