Covington, Georgia Surety Bonds

A Tree Performance, Maintenance, and/or Protection Bond may be required of a developer or contractor as a prerequisite to performing land development work within the City of Covington, Georgia. 

Suppose the permit holder violates a local regulation or the terms of their contract. In that case, the applicable surety bond may act as a means of restitution to the City or any resident that has suffered financial damages due to such actions. 

For additional information on the bonds offered by Jet Insurance Company, read further below.

APPLY FOR YOUR BOND

At Jet, the cost of a License/Permit Bond is a small fraction of the bond limit and is based on a soft credit check of the applicant (in this case, the contractor or developer). If you are applying for an amount over $15k, additional info may be needed to determine an approved rate. 

As you can see, various bond limits and Jet’s preferred credit tier rates can be found in the price chart below. For example, bond amounts up to $10,000 may be purchased at the starting price of $100 for a one-year bond term.

To get started with your purchase, select the “Apply for Your Bond” button above!

Bond LimitCost
Up to $10,000$100
$25,000$250
$50,000$500
$100,000$1,000
GA Covington Surety Bond Pricing

Once you have purchased with Jet, the original signed and sealed bond form, along with any other required paperwork, must be submitted to the Covington Planning and Development Department at the following mailing address:

City of Covington
Planning and Development Department
PO Box 1527
Covington, GA 30015

Permit applications and other documents can be found on the City’s Planning & Development Forms webpage. Further details on the City’s efforts to protect trees are also available on the Tree Preservation webpage.

City of Covington Surety Bond Details

Non-Residential Tree Maintenance Bond - May be required of contractors or developers performing non-residential construction/development work under a soil and tree conservation permit. The bond must remain active for 36 months and the limit is to be equal to $300 for every tree planted within the project area. If a planted tree does not survive or is determined to be in bad condition by the Planning and Development Department (this rule only applies for a period of 48 months following the original planting date), it must be replaced by the permit holder. Failure to do so can result in the Department filing a bond claim. 

Tree Establishment Bond - The terms and conditions of this surety bond are exactly the same as the above bond, except this requirement applies to contractors or developers of residential development work and new subdivisions. This bond is also not required until the soil and tree conservation permit holder is in their final stages of construction, as well as in the process of applying for a Certificate of Occupancy. 
Tree Protection Bond - May be required by the Planning and Development Department for contractors that are applying for a building or right-of-way encroachment permit. The bond limit must either be equal to $500 for every 1,600 square feet of tree canopy cover on the site of the construction project or equal to the appraised value of the trees growing on the site, whichever is greater. Failure to comply with the terms and conditions of the soil and tree conservation plan can lead to the Department filing a claim on the permit holder’s bond.

Georgia Covington City Tree Maintenance Bond Form

Notary Bond Application:

X

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

X

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

X

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: