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Florida Financially Responsible Officer Bond

How much does a $100,000 financially responsible officer bond cost in Florida?

The Florida Department of Business and Professional Regulation requires financially responsible officers to post a surety bond. The exact price you pay is subject to underwriting, but applicants with a strong credit history are quoted at rates as low as $900!

Request your free, no-obligation surety bond quote now!

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Financially Responsible Officer Bond $100,000 Starts at $900 $5,000-10,000 $10,000+ Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

Call 1 (800) 308-4358, or submit a bond request now. Our experts work hard to get you the bond you need quickly, easily and accurately.

Why do I need this bond?

Florida financially responsible officer surety bonds ensure that principals (officers) make the payments due to the State Treasurer, accurately maintain books/records and make reports in accordance with the laws of the State of Florida Business and Professional Regulation.

If the principal fails to conduct business according to these terms, the surety bond protects harmed parties from financial loss up to the full amount of the bond.

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What’s the fine print?

Financially responsible officer bonds in Florida remain in full force and effect until canceled or violated. The surety can cancel the bond by sending a notice of cancellation by certified mail to the Executive Director of the Florida Construction Industry Licensing Board in Tallahassee, Florida, 30 days prior to the effective date of cancellation.

The Florida Construction Industry License Board will retain an electronic copy of the bond to be used to make claims against the bond, and the officer should retain a copy of the bond for his or her own records.

How to become a financially responsible officer in Florida

To become a licensed financially responsible officer in Florida, applicants must do the following:

  • complete the state-issued licensing application
  • pay the $200 application fee
  • post a surety bond
  • provide proof of satisfaction of liens, judgments and discharge of bankruptcy, if applicable
  • submit electronic fingerprints

Complete licensing information can be accessed via the Additional Resources section of this page. Take the first step toward becoming licensed by purchasing the surety bond you need!

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Additional Resources

State of Florida Department of Business and Professional Regulation Construction Industry Licensing Board Application for Financially Responsible Officer

Florida Department of Business and Professional Regulation CILB 8 - Add, Change, Or Remove a Financially Responsible Officer

Florida Department of Business and Professional Regulation Construction Industry Licensing Board

Florida Statutes Title 32 Chapter 489 Construction Contracting

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