Peachtree Corners, Georgia Surety Bonds

Property owners and/or developers may be required by the local Community Development Department to obtain a permit and various surety bonds prior to the execution of any land development construction within the City of Peachtree Corners, Georgia. 

If the permit holder violates local regulations or commits a breach of contract, the applicable bond may act as a means of restitution to the Department or any other damaged party for the financial losses incurred.

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

APPLY FOR YOUR BOND

At Jet, the cost of a License or Permit Bond is a small fraction of the required bond limit and is based on a soft credit check of the applicant. If the bond amount is over $15k, a review of the applicant’s business finances may be needed to determine an approved rate. 

Various bond amounts and starting rates can be found in the Jet price chart below. For example, prices begin at $100 for bonds with up to $10,000 limits. To get started with your purchase, simply 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 Peachtree Corners Surety Bond Pricing

Once you have completed your purchase with Jet, the original signed and sealed bond form must be submitted to the Peachtree Corners Community Development Department at the following mailing address:

City of Peachtree Corners
Community Development Department
310 Technology Parkway
Peachtree Corners, GA 30092

Depending on where you are in the land development process, the completed Pre-Land Disturbance Permit Surety Package and the End of Development Surety Package must also be submitted to the Department at the address listed above. 
For additional details regarding applications and access to other documents, take a look at the City’s Land Development webpage.

City of Peachtree Corners Surety Bonds Details

The Community Development Department requires the following bonds prior to the issuance of a Land Disturbance Permit:

Soil Erosion and Sedimentation Control Performance and Maintenance Bond - Required of either the property owner or developer in question. The bond limit is to be equal to $3,000 for each acre within the proposed construction area; see the Erosion Control Calculation Form for more information. The permit holder is responsible for stabilizing/maintaining any disturbed areas of land during and following the execution of the construction project. Failure to do so may result in the Department filing a claim against the bond on file. 

Right-of-Way Performance Bond - If development construction takes place within a public right-of-way area, this bond is needed. Details on the bond limit required can be found in the ROW Performance Surety Calculation Form. The property owner, developer, or contractor hired is responsible for completing the proposed ROW infrastructure and/or landscape improvements up to the standards stated in the permit and up to regulatory requirements. Causing damages, performing defective work, or simply failing to complete the project are all violations that can lead to a bond claim. 

The following bonds are required as the development process comes to an end and a Certificate of Occupancy is applied for by the permit holder:

Development Performance Bond - This surety bond is only required if some of the infrastructure and/or landscaping in the approved development plan has yet to be installed by the permit holder, but a Certificate of Occupancy application is in the works. The bond limit must be equal to 110% of the estimated costs to install the remaining street improvements, sidewalks, and landscaping. Similar to most performance bonds, failure to comply with the terms and conditions of the permit and/or violating development regulations can result in the Department filing a bond claim to cover the financial damages incurred by the City. 

Development Maintenance Bond - Required of the permit holder as a prerequisite to the issuance of an approved Certificate of Occupancy. The bond covers all infrastructure and/or landscaping that has been installed. The bond limit must be equal to 50% of the estimated cost of the installed street improvements, curbs, gutters, stormwater infrastructure, and facilities, side, and landscaping. Following the official execution of the development project, the property owner or developer is responsible for maintaining such construction for a period of 18 months. If the permit holder does not uphold permit maintenance requirements, the Department may file a claim against their bond. 

Details on applicable regulations regarding development construction can be found in Chapter 34 Land Development of the Peachtree Corners, GA Municode.

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: