Contractors of various trades applying for permits in Waco, Texas will need to have a surety bond on file. A $2,000 House Mover’s Bond must be filed by those moving structures within Waco, and contractors working on cement projects will need the $5,000 Cement Contractor’s Bond. The following bonds have a $6,000 limit: Plumber Bond, Electrician Bond, Electrical Sign Contractor Bond, Landscape Irrigator Bond, and Gas Appliance Bond (aka Mechanical Contractor Bond).
For just $100, you can buy whichever Waco Contractor Bond you need! Get your surety bond immediately to get in the game.
Bond Term | Cost |
---|---|
1 Year | $100 |
Once you have bought your surety bond, you can choose to have the Contractor Bond sent either directly to the City of Waco or to you so you can file it yourself. If you are sending in the bond, perhaps with additional permit paperwork, use the following address:
City of Waco
PO Box 2570
Waco, TX 76702
Once your bond is on file, it typically is held for the length of the permit and may include a maintenance period.
What would a claim look like for a cement contractor?
Let’s say a contractor is hired to pour concrete on public property. Everything looks good immediately following completion, but after five months the concrete has started cracking because the concrete had an incorrect ratio. Because the cracks occurred within the 12-month maintenance period the contractor is bound to, the contractor is obligated to make repairs on their own dime within 30 days of the notice. If the contractor cannot or will not repair the cracks, the person who hired the cement contractor can file a claim against the Cement Contractor Bond. The bond would account for the cost of hiring another contractor to make the repairs that the initial contractor dropped the ball on. This doesn’t mean the contractor gets off scot-free; the bond needs to be restored to its full limit so the contractor at fault will need to pay Jet back.