The Village of Chagrin Falls in Ohio requires all contractors to be registered with the Building Department. To be eligible for an approved license, a $30,000 Contractor Registration Bond must be acquired by the contractor applicant.
At Jet, the price of the $30,000 Registration Bond is a small percentage of the bond amount and is based on a soft credit check of the applicant. Rates start at $150 for one year. For additional bond terms, take a look at the chart below for our preferred tier rates.
Village of Chagrin Falls Building and Zoning Department 21 W. Washington St Chagrin Falls, OH 44022
The Chagrin Falls Contractor Bond is required by the Building and Zoning Department to ensure that the contractor follows all rules and regulations of their license which includes local building codes and any contractual obligations. If the contractor commits a license violation that causes financial losses for the city or a member of the public, the surety bond may be used as restitution for damages endured by the harmed party.
It is important to note that a claim may not be filed on the Contractor Registration Bond beyond the two years of the contractor’s license expiration.
Prior to your bond term expiration date, the Jet team will send you a renewal invoice via mail and email. If you are looking to keep your contractor license in good standing with the Building Department, simply renew your bond with Jet by fulfilling standard payment. Once this step is completed, your Contractor Bond will remain active for another term.