The City of Waterville, Ohio conditions contractor registration on a $10,000 surety bond. Ours is $300 flat — 3% of the bond amount, the same for every contractor. Pick your contractor type, and the five-minute application has no credit check.
















Registration bonds are the simplest thing in surety. Here's the entire process:
Business details, your contractor type, and an effective date. That's the application — no financials, no credit check section.
Registration bonds like this issue right after purchase. At most, 1–2 business days.
Your executed bond arrives by email, ready to file with your contractor registration. Wet-ink original mailed on request.
$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.
Ohio has no statewide contractor license — cities set their own registration rules. The City of Waterville conditions contractor registration on a $10,000 surety bond as a public-protection guarantee.
It is a three-party arrangement: you (the principal), the surety carrier standing behind you, and the City of Waterville (the obligee). The bond stands behind your compliance with the City's building, zoning, and contractor ordinances and the proper restoration of any public property your work touches.
It is not insurance for you — if the surety pays a claim, you repay the surety. Contractors who pull permits, follow the code, and restore the site treat the bond as a registration formality, not a risk.
Name your contractor type — these are the actual issuing fields, with no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.