Cincinnati Commercial Waste Collection Franchise Bond Guide
If you’re providing commercial waste hauling services in Cincinnati, Ohio, you’ll likely need this surety bond.
Bond Overview
- Purpose: To ensure proper collection and transportation of commercial waste
- Who Needs It: Companies providing commercial waste hauling services
- Regulating Body: The Cincinnati Office of Environment and Sustainability
- Required Coverage: $50,000
- Premium Rate: $500–$5,000, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Cincinnati Commercial Waste Collection Franchise Bond?
A City of Cincinnati commercial waste collection franchise bond ensures that companies picking up and hauling waste pay the franchise fees owed to the city.
How Much Do Commercial Waste Collection Franchise Bonds Cost?
Cincinnati, Ohio commercial waste collection franchise bonds cost a small percentage of the coverage amount, typically $500–$5,000.
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.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a City of Cincinnati commercial waste collection franchise 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 email you the bond shortly after purchase. Be sure to file it with the Office of Environment and Sustainability as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Commercial Waste Collection Franchise Bond Work?
A commercial waste collection franchise bond creates a legal contract between these three parties:
- Principal: You, the waste collection franchise owner filing the bond
- Obligee: The Cincinnati Office of Environment and Sustainability requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of Cincinnati Municipal Code.
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 commercial waste collection franchise bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.