Contractors that wish to perform construction jobs within the City of Houston, Texas may be required to obtain a permit from the local Public Works Department. A surety bond is sometimes mandated of the contractor as well in order to receive the permit.
In this case, Houston, we don’t have a problem. Jet makes it easy and can help you acquire the right bond for your construction project quickly and at an affordable price!
According to the Houston Public Works Department, the following permit bonds are required of contractors.
As you can see, some of these bonds require a custom or variable limit. Such bond amounts are usually based on your permit type and should be equal in value to the estimated cost of the construction project. The bond limit in most cases will be determined by the Public Works Department.
At Jet, prices for surety bonds are typically a small percentage of the bond limit and are either based on a soft credit check of the applicant or are guaranteed at a specific rate.
For example, Houston contractors may purchase the $2,000 Right-of-Way Bond for the guaranteed price of $100 for a one-year bond term. While contractors that are seeking a $10,000 House Mover Bond will need to go through a soft credit check to see if they qualify for the starting rate of $200 for a one-year bond term.
Take a look at the chart below for each Houston surety bond provided, as well as our available rates.
Bond Type | Bond Limit | Cost |
---|---|---|
Building Mover Bond | $3,500 | $100 |
Dredging and Excavation Bond | $10,000 | $100 |
House Mover Bond | $10,000 | $200 |
One Year Maintenance Bond | Varies | $100-1,000 |
One Year Surface Restoration Bond | Varies | $100-1,000 |
Right-of-Way Bond | $2,000 | $100 |
Sign Removal Bond | $25,000 | $125 |
Sign Construction Bond | $25,000 | $125 |
Street Work Bond | Varies | $100-1,000 |
Storm Water Quality Structural Control Bond | Varies | $100-1,000 |
Your original bond form must be signed, sealed, and submitted to the Houston Public Works Department at the following mailing address:
City of Houston
Public Works Department
PO Box 1562
Houston, TX 77251
All permit applications and any other forms can be found on the city’s Permits: A to Z webpage. You may submit your completed permit paperwork online through the Houston Permitting Center Portal or along with your bond to the mailing address that is listed above.
The main purpose of these bonds is to financially ensure that the contractor will follow the regulations of their permit, as well as fulfill all contractual obligations they may have entered into with the City of Houston or its residents. If the contractor commits a regulation violation or breach of contract, the damaged party may pursue a claim on the contractor’s bond to cover any losses that they have incurred. Each bond essentially acts as a financial guarantee that protects the consumer from economic harm.
Contractors are expected to uphold all requirements that apply to their permit; these regulations can be found in the Houston, Texas Municode. The Jet team highly recommends you review this information before embarking on your permit project. It will help you avoid permit penalties and bond claims.
If you ever need to renew your bond, simply give the Jet team a call at 855-296-2663 and we can help you out with your renewal.