City of Elyria, Ohio - Contractor License Bond

Bond Details

Elyria Contractor License Bond – $25,000 bond – $125 per year

Overview

Contractors in Elyria, Ohio, must be bonded to apply or renew their licenses to perform construction and related services. The Ohio contractor license bond serves as a financial guarantee that the contractor will comply with local laws, regulations, and contractual obligations.

The City of Elyria mandates this bond to protect the public and the City from potential losses caused by the contractor's failure to adhere to these standards. The required bond amount represents the contractor's liability, ensuring coverage for damages or legal claims up to this amount.

Principal: Contractor (you)
Obligee: City of Elyria Building Department
Surety: NNA Surety
Bond Amount: $25,000
Bond Cost: $125
Bond Term: 1 year

Elyria Contractor License Bond Requirements

You may need to get a contractor license bond if you’re applying to be any of the following:

• Building I Contractor
• Building II Contractor
• Building III Contractor
• Excavating Contractor
• Moving & Demo Contractor
• Sign Erector Contractor

To apply for the surety bond, provide your personal and business information and form of payment. NNA Surety offers the contractor license bond for a flat rate of $125 with no credit check required.

Let NNA Surety Help You

For more information about contractor license bonds in Elyria, Ohio, call us or complete this form. We’ll help you find the right bond for your needs.