Sherman, Texas Contractor Bond

If you are a contractor that actively works within the City of Sherman, Texas, you may need a permit, license, and/or a surety bond before any kind of construction may begin.

To be specific, contractors that are proposing sidewalk construction/repair projects require a permit and a $1,000 Concrete Bond (sometimes referred to as a Right-of-Way Bond). 

Contractors that are in the business of erecting, constructing, and/or repairing roofs must receive licensure with the City as a roofing contractor. A $20,000 Roofing Contractor Bond is needed as well.

SECURE YOUR BOND

At Jet, we provide both the $1,000 Concrete Permit Bond and the $20,000 Roofing Contractor Bond for the guaranteed price of just $100 to Sherman contractors. To purchase your desired bond, simply select the “Secure Your Bond” button above to get started!

Bond TypeBond LimitCost
Concrete Bond$1,000$100
Roofing Contractor Bond$20,000$100
Sherman Bond Pricing

According to the Sherman Development Services Department, your signed and sealed bond form must be submitted to the City Clerk’s office at the following mailing address:

City of Sherman
ATTN: City Clerk
PO Box 1106
Sherman, TX 75091

For applications and other paperwork regarding achieving licensure status, take a look at the City’s Permits webpage or Licenses webpage. 

Once approval for a construction project has been given by the Development Services Department, the contractor will be expected to follow all applicable regulations pursuant to the City of Sherman, Texas Code of Ordinances as it pertains to the ins and outs of your permit/license. An omission of these requirements may result in business penalties and/or a bond claim. 

The purpose of each surety bond (i.e. Concrete Bond and Roofing Contractor Bond) is to essentially protect the customer from financial losses if a contractor commits a licensure violation or breach of contract. 

For example, roofing contractors must meet very specific construction standards when building or repairing a roof. So if a contractor decides to cut corners by not following these specifications because they want to get the job done quickly and at a low cost to them, a homeowner can be left with a poorly done roof. In cases where a former client finds that the roofing contractor performed poor workmanship (e.g. a leaky roof due to cracked/faulty sheathing), the contractor will be expected to either go back and complete the work up to code or pay for the reconstruction to be done. If the contractor is unable to or refuses to fulfill this obligation, the damaged party has every right to file a claim on the Roofing Contractor Bond. Funds from the surety bond will be used to reimburse the claimant for the financial losses they have incurred due to the transgression.

To renew your surety bond, all you need to do is call Jet at 855-296-2663 and we can help you out with the process right away!

Sherman, Texas Contractor Bond

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: