Leaky faucets, uneven floors and faulty wiring are not issues you would expect to discover in a new home. But these problems and worse can be possible when a contractor doesn’t adhere to building codes. Not only can these issues be a pain to deal with and expensive to fix, but they can also be a danger to your family, your property and the environment.
Plumbers, framers, electricians and other contractors must have their work inspected for code compliance before a construction project can be occupied. Whether it’s a home, remodel, room addition, office or other project, the list of codes can be extensive. But that’s not a bad thing. If a contractor doesn’t adhere to building codes, the results could be deadly.
Contractors are often required to have a Code Compliance Bond which guarantees that their work will comply with building codes required of the state, county or municipality. This bond must be in place before a building permit will be issued.
Bond amounts vary depending on the project location. For example, a Code Compliance Bond in Cobb County, Georgia is $10,000. Smyrna, Georgia requires a $15,000 bond, and Hillsboro County, Florida requires a $5,000 bond. The premium amounts are based on various factors, such as the type of work being done, along with the contractor’s credit history and experience on the job.
How to Get Bonded
If you are a contractor and your project requires a Code Compliance Surety Bond, you must purchase it from a Surety through a licensed agent, such as SuretyGroup.com.
SuretyGroup.com‘s Surety Bond Specialists can often give you same-day approval that makes the process quick and easy.
Have questions? SuretyGroup.com can help. Give us a call at 1-844-432-6637 and our Surety Bond Specialists can walk you through the bonding process.
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