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…
Pricing & timing
What to expect.
Generic pricing
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 o…
Typical timeframe
Credit-based approval — varies by bond type
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateSCBond amountVaries by license type or projectObligeeCity of Florence, South CarolinaBond classMiscellaneous CommercialCategoryOtherBondCity of FlorencePlain descriptionElectrician - Compliance OnlyWho needs this bondElectrical 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 awa…
