Wake County Well Contractor Bond
In order to perform work on wells in Wake County, North Carolina, the Wake County Department of Environmental Services requires all well contractors to register with the county and obtain the $10,000 Well Contractor Bond, also known as the Well Contractor Registration Surety Bond. The purpose of the bond is to protect consumers from well work that is constructed or maintained in a manner inconsistent with the Well Construction and Groundwater Protection Regulations in Wake County.
When you buy your bond with Jet, you know you are getting the lowest price, by cutting out the middlemen and their high commission. At Jet, we streamlined the bond process saving you time and money and getting you back to where you belong, growing your business.
How Much Does the Well Contractor Bond in Wake County Cost?
With Jet, the Wake County Well Contractor Registration Surety Bond costs only $100. Contractors have the option of prepaying for multiple years, or on a monthly basis for the bond.
| Bond Term | Cost |
|---|---|
| Monthly | $10 |
| 1 Year | $100 |
| 2 Years | $175 |
Jet offers the Wake County Well Contractor Bond at a price below anyone else. That’s what happens when you cut out the brokers, agents, and middlemen along with their commissions and fees. In the process, Jet stripped away the red tape that slows you down from buying your bond and provides a convenient automated payment process to keep your bond in force seamlessly.
Can Jet File the Bond With the Wake County Department of Environmental Services for Me?
Yes, Jet can! Jet will file the Wake County Well Contractor Bond directly with the Wake County Department of Environmental Services for you. When you go with the other carriers in the market, you pay for the shipping, and then you have to file the bond with the county. At Jet, we do that all for you.
Wake County Department of Environmental Services
Water Quality Division
P.O. Box 550
Raleigh, NC 27602
What Happens If I Need to Cancel My Wake County Well Contractor Bond?
Cancelling the Wake County Well Contractors Bond is easy with Jet! If you have chosen to pay in monthly installments, simply notify Jet to cancel the bond, and we will turn off the recurring payments. For those paying on an annual basis we will return any unused premium.
The bond will remain in force and active until Jet communicates a cancellation to the Department of Environmental Services. The bond has a 30-day cancellation provision meaning it will remain active for 30 days following the cancellation request. Jet takes those 30 days into account when calculating the refund amount as the bond is still active.
How Do I Avoid a Claim on My Wake County Well Contractor Bond?
In Wake County, the Regulations Governing Well Construction and Groundwater Protection ensure that well contractors perform work to the professional standards of the industry, and adhere to the requirements of the North Carolina General Statutes. This means complying with contracts, maintaining proper workmanship, and adequately planning well projects.
If a well contractor fails to perform work consistent with those regulations, their work may be investigated by the Wake County Department of Environmental Services. The investigator will make a determination of the required repairs, if any. The well contractor will be given the opportunity to repair their original work. In the event the well contractor is unable or unwilling to correct the issue, the Department may call upon the surety bond to pay for the repair, as well as any inspection fees.
Furthermore, a well contractor who violates the regulations in Wake County could have their registration suspended or revoked, and incur civil penalties. They would also be placing their license with the state at risk of suspension.
What Happens If I Get a Claim on My Wake County Well Contractor Bond?
First things first; notify Jet immediately if you know of a complaint involving your work that may result in a bond claim. We will also investigate if the claim against the well contractor is valid.
If the complaint is deemed valid, and the Department of Environmental Services is required to fix work for the well contractor, Jet will pay the necessary amount to settle the issue. The well contractor will then need to reimburse Jet for the amount paid out in order to keep the bond in force and maintain their current registration.
Think of a surety bond as a form of guarantee that the contractor will fulfill the terms of their contract, comply with applicable regulations, and give consumers a means to be made whole in the event of damages. It is basically a letter of credit to the Wake County Department of Environmental Services, vouching that the contractor will uphold the professional standards of the industry. In order for that guarantee to remain in place, and for the bond to remain intact, the contractor must repay the surety for claims against their bond.
Who Needs the Well Contractor Bond in Wake County?
The Wake County Regulations requires businesses engaging in well contractor activities to register annually in order to perform work in Wake County. This includes well contractors and well drillers, but does not include pump installers.
Why Is the Wake County Well Contractor Bond Required?
In Wake County, the Department of Environmental Services requires this registration bond from well contractors to ensure that they are acting in the public’s best interest by producing quality work, and abiding by the industry standards set out by the NC Well Contractors Commission. The surety bond acts as a financial tool to help make consumers whole in the event of fraudulent or faulty workmanship that causes damage. Jet, as the surety carrier, will pay the necessary amount to cover the damages.
How Does the Application Process Work With Jet?
When you go with Jet, purchasing your bond is easy. You can complete our online application in minutes, pay online (with options for monthly, 1-year, or multi-year), and get back to the business. Once you have completed the process, Jet will file your bond directly with Wake County, and a copy will be available for your records, along with a proof of purchase.
If you choose to pay on a monthly basis, Jet makes it even easier with monthly payments on autopay. As long as your payment is made every month, your bond will remain in good standing with Wake County.
How Do I Renew the Well Contractor Bond?
Jet will notify you with plenty of notice before your renewal deadline (which will match your registration deadline in Wake County). All you need to do is pay your premium, and your bond will continue to be active.
If you have selected Jet’s unique monthly payments for your bond, there is nothing you need to do at renewal time to keep your bond in good standing with Wake County. Simply continue to make payments from the account on file, and your bond remains in place!
Does the Well Contractor Bond Expire?
The bond is continuous, meaning that as long as you pay your premium with Jet, it will remain in force with Wake County. If Jet does not receive the premium payment prior to the renewal deadline, the bond will be cancelled. A well contractor working in Wake County without a renewed bond will no longer be registered with Wake County, and could face civil penalties for continuing to work.
Are There Other Bonds That a Well Contractor Needs?
No other bonds are required specifically for well contractors in Wake County, but if you are performing other work such as landscaping or irrigation, you may be required to obtain a license and bond with the state of North Carolina. Prior to performing work in Wake County, it is recommended that you engage with the county authorities to ensure all bonding requirements are met for the type of work you are doing.
