What is an Ohio Contractor License Bond?
Ohio Contractor License Bond's are required by Ohio's Department of Commerce to obtain your Ohio Contractor License Bond. The Ohio Contractor License Bond amount is depending on the county you live in.
Here a few cities that require contractor license bonds:
$5,000 surety bond for the City of Cleveland
$10,000 surety bond for Fayette County, Summit County ,and City of Nile
$15,000 surety bond for the City of Avon Lake
$10,000 surety bond for the City of Bexley, and the City of Cincinnati
$25,000 surety bond for the City of Brook Park, and the City of Columbus,
Different parts of a bond:
There are 3 parts to a Contractor License surety bond. The Principal "YOU", The Surety Company, and the Obligee. The Principal is the business or individual applying for the Contractor License Surety Bond. The Obligee is the individual or entity requiring the Surety Bond and the Surety Company is the company who provides the Surety Bond coverage.
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Ohio Contractor License Bond Information and Requirements:
The Ohio Construction Industry Licensing Board (OCILB) issues State Licenses to Commercial Contractors for the following trades: Electrical, HVAC, Hydronics, Plumbing, and Refrigeration. To receive a state license, an applicant must meet the following requirements:
Once you have been approved by the Board, you are required to complete a State and Federal Background Check prior to sitting for the examination.
Results must be submitted from the background agency directly to:
Ohio Department of Commerce
Division of Industrial Compliance
Ohio Construction Industry Licensing Board (OCILB)
6606 Tussing Road
P.O. Box 4009
Reynoldsburg, OH 43068-9009
Phone (614) 644-3493