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Get Fl Contractors Construction Bond - Hillsborough County 2002-2026
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How to fill out the FL Contractors Construction Bond - Hillsborough County online
This guide provides clear and detailed instructions on how to complete the FL Contractors Construction Bond required for contractors operating in Hillsborough County. Each step is designed to assist users of all experience levels in correctly filling out this bonding form online.
Follow the steps to successfully complete the bond form.
- Press the ‘Get Form’ button to access the bonding form and open it in the online editor.
- In the upper left section, specify the type of contractor that the bond covers, such as Building, General, Mechanical, Electrical, or Plumbing.
- In the first blank of Paragraph 1, enter the complete name of the Principal (license holder). If the contractor qualifies a corporation or firm, include both the license holder's name and the company's name.
- Ensure that if the contractor holds a state license, the name on the bond matches that on the state license. Only one corporation or firm name is allowed.
- In the second blank of Paragraph 1, write the name of the Insurance Company providing the bond.
- Re-enter the name of the Principal as stated in step three in the first blank of Paragraph 2.
- The Principal must sign the bond and indicate their title if qualifying as a corporation or firm.
- Ensure that all bonds are marked as 'Continuous' until officially cancelled, with any cancellation notices submitted at least 15 days prior to the cancellation date.
- The bonding company must inform the Hillsborough County Contractor Licensing Team in writing of any claims made on the bond.
- Confirm that the bond includes the embossed seal of the insurance company and is signed by the Attorney-in-Fact for the insurance company, with a Power-of-Attorney attached.
- Once all sections are completed, save your changes, and download, print, or share the document as needed.
Complete the bonding form online today to ensure compliance.
The bond amount a licensed contractor needs varies depending on the type of work he or she will perform. Division I contractors must post a $20,000 bond, while Division II contractors need either a $10,000 or $5,000 bond. However, you do not pay the entire amount of the Florida licensed contract bond.