Bedford, Texas Contractor Bonds

If you are working as a contractor in the City of Bedford, Texas, you may be required to provide the local Building Inspections Division with a proper permit and surety bond. Such requirements will be dependent on what kind of construction project you are pursuing. 

Contractors that are remodeling, repairing, moving, erecting, and/or demolishing a building or structure must obtain an approved Building Permit and a $1,000 Building Contractor Bond.

If you are conducting an excavation construction project that includes laying down gutters, curbs, approaches, and/or sidewalks in a public right-of-way area, you will need an approved Public Works Permit and a $2,500 Cement Sidewalk and Approach Bond. Additionally, a Maintenance Bond in a custom amount will also be mandated if the permitted job includes any water or sanitary improvements to the street’s drainage system. 

SECURE YOUR BOND

At Jet, surety bond prices are typically a small percentage of the bond limit and are based on a soft credit check of the applicant. However, both the Building Contractor Bond and the Cement Sidewalk and Approach Bond are instant-issue bonds, meaning you won’t be required to go through a credit check and will simply pay the guaranteed price that is listed in the chart below. 

Bond Limit & NameCost
$1,000 Building Contractor Bond$100
$2,500 Cement Sidewalk and Approach Bond$100
Bedford, Texas Contractor Bond Price

As for contractors that are required to also acquire the Maintenance Bond, take a look at the chart below for various custom bond limits and Jet’s rates (prices are instant issue for limits up to $20k). 

Bond LimitCost
Up to $10,000$100
$20,000$200
$50,000$500
Bedford, Texas Maintenance Bond

If you are unsure what bond limit is right for you, be sure to check with the Bedford Building Inspections Division. According to the Division, your bond limit should be equal in value to the total cost of the construction contract. 

Regarding the filing of your bond, the original signed and sealed form, along with your completed permit application must be submitted to the Bedford Building Inspections Division at the following mailing address:

City of Bedford
Building Inspections Division
2000 Forest Ridge Drive
Bedford, TX 76021

For further information on what permits you will require, as well as permit applications, take a look at the Bedford Permits, Applications, and Information webpage. 

The City of Bedford, Texas requires contractor surety bonds for the purpose of ensuring that permit regulations will be followed and that the public, as well as the City themselves, will be financially protected if violations are committed by the permittee and/or their employees. In cases where a transgression is committed and not resolved, the damaged party (i.e. the Building Inspections Division or a person of the public) may file a claim on the contractor’s bond to cover any financial losses incurred. For example, the Public Works Permit asks that contractors maintain the work they performed on the right-of-way area for a period of two years following the project’s official completion date. If you fail to fulfill this obligation, the Division may file a claim on your Cement Sidewalk and Approach Bond to cover the cost of hiring a new contractor to complete the required maintenance of the area.

As for renewing your bond, the Jet team has created a quick and easy process for such. We will send you a renewal invoice prior to the official expiration date of your bond via mail and email. All you need to do is complete the standard payment due and your surety bond will be all set with the City of Bedford for another term!

Bedford Texas Contractor 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: