Oklahoma City Employment Agency Bond Guide
If you’re opening an occupational employment agency in Oklahoma City, you’ll need this surety bond.
Bond Overview
- Purpose: To ensure compliance with employment laws and protect clients
- Who Needs It: Private occupational staffing agencies in Oklahoma City
- Regulating Body: The City of Oklahoma Development Services Department
- Required Coverage: $1,000
- Premium Rate: $100 for a 1-year term
Learn all about the bond requirements and process in this guide.
What Is an Oklahoma City Occupational Employment Agency Bond?
An Oklahoma City occupational employment agency bond protects companies and job-seekers from harm if an agency is fraudulent or breaks employment laws.
The City of Oklahoma Development Services Department requires this bond as part of the licensing process for employment agencies in the state.
How Much Do Occupational Employment Agency Bonds Cost in Oklahoma City?
A $1,000 Oklahoma City employment agency bond costs a flat rate of $100 for a 1-year term. Or, you can save 25% by selecting a multi-year term.
Click below to buy your bond in minutes!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Do I Get My Bond?
With SuretyBonds.com, you can buy your Oklahoma City occupational staffing agency bond instantly online. Just enter your information and checkout in minutes.
We’ll email you the bond shortly after purchase. Be sure to file the bond with the City of Oklahoma Development Services Department as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does an Oklahoma City Occupational Employment Agency Bond Work?
As with all surety bonds, an employment agency bond creates a legal contract between three parties:
- Principal: You, the employment agency filing the bond
- Obligee: The City of Oklahoma Development Services Department requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding Chapter 60 of the Oklahoma City 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 are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your employment agency bond, simply pay your renewal invoice when prompted.
After renewing, you’ll receive a continuation certificate to file with the City of Oklahoma Development Services Department as proof of ongoing coverage.
