Before conducting business in Acworth, Georgia, you may need to submit a license or permit application, which may include a surety bond requirement. Some bonds that may be enforced by the City of Acworth are the Land Development Performance Bond, Subdivision Maintenance Bond, Tree Maintenance Bond, or Alcoholic Beverage Wholesaler Bond.
The cost of a surety bond is based on a few factors, with major factors being the type of bond and the bond’s limit. Either way, Jet lets you purchase your bond for just a fraction of the required limit. You may be subject to a credit check or evaluation of financial statements for some bonds before a quote can be given.
The chart below shows the rates a preferred-credit applicant can be approved for.
Bond Limit | Cost |
---|---|
$10,000 | $100 |
$25,000 | $250 |
$50,000 | $500 |
After you have purchased your Acworth Surety Bond, Jet will get your bond form ready and mail it to the City directly (if permitted) or to you. If you are filing the bond yourself, you will need to send it to the following address:
City of Acworth
4415 Center St
Acworth, GA 30101
Land Development Performance: This is a bond used to protect against damages from a contractor violating land disturbance, building, soil erosion or other applicable construction codes. The contractor is responsible for making any corrections found during construction or up to 1 year after final inspection. It has a limit of 110% of the cost of construction.
Subdivision Maintenance Bond: This bond is used as a financial guarantee that any damages or failure from improper installation of streets and subdivision improvements will be completed up to 12 months after work is completed. The bond shall be in 10% of the cost of improvements.
Tree Maintenance Bond: This bond is used as a financial guarantee that the owner or developer of the project will maintain the plant materials installed up to 12 months after installation. The bond limit must be equal to the cost of installation.
Alcoholic Beverage Wholesaler Bond: A wholesaler must file a surety bond as a financial guarantee of the payment of excise taxes. The bond limit is twice the monthly amount of tax payments.
If your bond needs to be renewed, Jet will send out a renewal notice through the mail and through email. Just fill out the notice and submit it via your preferred method to get your renewal started. A Jet team member will reach out to you if any additional information is needed.
For cancellations, send an email to bonddept@jetsurety.com to get started. Any cancellation procedures enforced by the City or specified on the bond form will apply, such as a cancellation period or requirement of a final inspection before the bond is released.