City of Sherman TX Concrete Contractor Bond
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $1,000 | 1 Year | $100 |
Contractors performing concrete work within public rights-of-way in Sherman, Texas, may be required to file a surety bond before receiving approval to begin work. Required by the City of Sherman, the concrete contractor bond guarantees compliance with local construction standards and right-of-way requirements while helping ensure defective work is repaired at the contractor's expense rather than the city's.
Cost of the Sherman TX Concrete Contractor Bond
The cost of the $1,000 Sherman concrete contractor bond is $100 with NNA Surety. Get your bond online today.
How the Sherman Concrete Contractor Bond Works
The Sherman concrete contractor bond provides a financial guarantee that contractors will complete concrete work in accordance with city ordinances, engineering standards, and permit requirements. The bond helps protect the city from financial loss if a contractor fails to repair defective work or otherwise violates applicable regulations.
The bond involves three parties:
- Principal: Concrete contractor
- Obligee: City of Sherman, Texas
- Surety: Bonding company
If a contractor fails to complete work according to city requirements, does not correct defects, or causes damage within the public right-of-way, a claim may be filed against the bond. If the claim is valid, the surety may pay damages up to the $1,000 bond amount. The contractor is responsible for reimbursing the surety for any covered losses.
How to Get the City of Sherman Concrete Contractor Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete the online bond application.
- Pay the $100 bond premium.
- Receive your bond documents by email.
- Download and file the bond with the City of Sherman.
Get Your City of Sherman TX Concrete Contractor Bond
NNA Surety makes it easy to get your bond quickly so you can keep your projects moving forward. For more information, call 855-457-2196 to speak with our team of surety bond experts.