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The City of Olmos Park requires every electrician to file a $1,000 surety bond on the city's own bond form before working in the city. Ours is $100 flat — the price you see is the checkout price. The bond issues the moment you pay — no credit check.
















City contractor bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That is the application. No credit check.
Small fixed-amount city bonds like this issue right after purchase, most of the time.
Your executed bond arrives by email on the City of Olmos Park bond form, ready to file with the city Building Department. Wet-ink original mailed on request.
The City of Olmos Park requires every electrician to file a $1,000 surety bond on the city's own bond form before working in the city. The bond is a code-compliance guarantee that your electrical work follows the city's building and electrical codes and ordinances.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Olmos Park (the obligee), with the city and the public as the protected parties. If an electrician violates city codes or licensing rules and the city or a resident is harmed, a claim can be made against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. We issue on the City of Olmos Park bond form and track the filing so your $1,000 bond stays continuous while you're registered.
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $1,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
File with Olmos Park. Your executed bond arrives by email on the City of Olmos Park bond form, ready to file with the city Building Department. Wet-ink original mailed on request.
The premium is fixed at $100 at the $1,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
These are the actual issuing fields. No credit check.
Start the application →Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.