Cutler Bay Solid Waste Payment Bond Guide
If you’re applying for a solid waste franchise permit in Cutler Bay, Florida, you’ll need this surety bond.
Bond Overview
- Purpose: To ensure payment for franchise fees
- Who Needs It: Companies picking up commercial or mulit-family residential solid waste in Cutler Bay, FL
- Regulating Body: The Town of Cutler Bay Finance Department
- Required Coverage: $10,000–$50,000
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Cutler Bay Solid Waste Franchisee Payment Bond?
A Town of Cutler Bay solid waste payment bond ensures that companies picking up and hauling waste in Cutler Bay, Florida pay the franchise fees owed to the Town.
How Much Do Solid Waste Franchisee Payment Bonds Cost?
Cutler Bay solid waste franchisee bonds cost a small percentage of the coverage amount, typically 1–10%.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Solid Waste Franchisee Payment Bond?
The Town of Cutler Bay Finance Department requires this bond as part of the licensing process for the following types of companies:
- Private waste haulers who collect trash from commercial or multi-family residential establishments
- Private haulers who transport solid waste on the streets or public right-of-way in Cutler Bay
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Cutler Bay solid waste franchisee bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll mail you the bond via your preferred shipping method. Be sure to file it with the Town of Cutler Bay Finance Department as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Cutler Bay Solid Waste Franchisee Payment Bond Work?
A solid waste franchisee bond creates a legal contract between these three parties:
- Principal: You, the solid waste franchisee filing the bond
- Obligee: The Town of Cutler Bay Finance Department requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of the Town Ordinance 08-01.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your solid waste franchisee bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.