Individuals that perform construction within the City of Midland, Texas are required by the local Building Permits and Inspections Department to be approved for licensure before work may begin. Depending on the kind of permit or license required, a surety bond may also be needed.
So, if you want to work in “The Tall City”, you have to reach certain regulatory heights to do so.
According to the Midland Building Permits and Inspections Department, the following surety bonds are required of contractors:
At Jet, we provide Midland Permit and License Bonds at guaranteed rates. For example, if you are seeking a $10,000 General Contractor Bond, you may purchase a one-year bond term for just $100 through our instant issue process. Simply select the “Secure Your Bond” button above to begin your purchase.
In the chart below, you will find a list of Midland surety bonds, their required bond limits, and Jet’s promised prices.
Bond Type | Bond Limit | Cost |
---|---|---|
House Mover Bond | $1,000 | $100 |
Sidewalk Bond | $1,000 | $100 |
Electrician Bond | $2,000 | $100 |
Landscape Irrigator Bond | $2,000 | $100 |
Plumber and Gas Fitter Bond | $2,000 | $100 |
Sign Electrician Bond | $2,000 | $100 |
Sign Contractor Bond | $5,000 | $100 |
Small Construction Bond | $5,000 | $100 |
General Contractor Bond | $10,000 | $100 |
Once you have purchased your permit/license bond, it must be submitted to the Midland Building Permits and Inspections Department. If you want to file your bond along with your completed permit, you can find such applications on the City’s Construction Permits and Inspections webpage.
The original signed and sealed bond form, along with any other paperwork, must be sent to the following mailing address:
City of Midland
Building Permits and Inspections Department
300 N Loraine
Midland, TX 79701
The main purpose of a contractor surety bond is to act as a financial guarantee to the City of Midland, Texas, and its people. It’s essentially a “just in case” type of coverage that provides restitution if the contractor commits negligence, poor workmanship, or a breach of contract, leading to financial loss incurred by the public or the City.
For example, the Small Construction Contractor Bond is required of contractors who are proposing a project on a structure that is 5,000 square feet or less which includes one to two-family residences. Once hired for such a home improvement project, the contractor will be expected to follow all building code regulations, as well as fulfill any contractual obligations agreed upon with the homeowner.
If you’re trying to save some money and decide to cut corners and use lower-quality materials than were agreed upon with your client, this is considered a breach of contract and you will be subject to a bond claim. It is in your best interest to try and resolve the problem as quickly as possible which means you will need to go back and redo your work with the materials that were originally stated in the contract. Failure to do so can lead to the damaged party filing a claim on your bond to cover the cost of hiring a new contractor to complete the project properly.
If you need to renew your surety bond at any point, all you need to do is give our team a call at 855-296-2663 and we can help you out with the renewal process.