City of Florence
Electrician - Compliance Only
Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

Platinum Bonds Insurance Agency
Research before you apply.Electrician - Compliance Only
Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.
Electrician - Compliance Only
Electrical and plumbing contractors working on City of Florence contracts valued at $1,000 or more, and mechanical contractors working on contracts valued at $2,500 or more, must obtain this surety bond before being awarded city contracts. The bond provides financial protection to the city against contractor default, non-performance, or failure to meet cont…
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending on risk factors. Contact us for a specific quote.
Your quote determines the actual premium.Credit-based approval — varies by bond type
Timing can change when underwriting needs more information.Confirm the bond and provide applicant and business details.
See the terms and premium before deciding to continue.
Complete the required payment and signatures.
Get the issued bond and filing or delivery instructions.
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