A Contractor Bond may be needed for contractors when working in the public right-of-way in the City of Norton, Ohio. The bond is used as a financial guarantee that the citizens of Norton or the City itself will not be financially harmed by the contractor’s actions.
Typically, contractors involved in water hookup will need a $1,000 bond, and those performing sewer hookups will have a $5,000 limit. Both of these bonds can be purchased for just $100!
Bond Term | Cost |
---|---|
1 Year | $100 |
Once you have purchased your Right-of-Way Bond, Jet will prepare the bond form and mail it to you. You must sign the bond and submit it to:
City of Norton
4060 Columbia Woods Dr
Norton, OH 44203
The City holds the requirement for a bond to make sure that contractors will not go rogue and leave the construction site incomplete or inoperative. The Norton Codified Ordinances and the contract for a job will have standards that the contractor must adhere to during the course of work and when restoring the project site after work is wrapped up. If the work is not completed as indicated, the property owner (or the City) can seek action from the bond to bring the project site to compliance.
If you receive a claim and Jet ends up paying out from the bond, you are obligated to repay that amount.