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Electrical Contractor Bond - City of Birmingham, Alabama - Electrician's Bond

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Electrical Contractor Bond - City of Birmingham, Alabama - Electricians Bond. This product has multiple versions. Please select one using the Choose a Version box.

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Surety: Merchants Bonding Company

Application Required

Electrician's Bond BOND NO. ________________________________ Effective Date _____________________________ KNOW ALL MEN BY THESE PRESENTS: That we, _____________________________________________________________________________________ as Principal, and ________________________________________________________________________________________ as Surety, are held and firmly bound unto the City of Birmingham, a municipal cor poration, in the sum of ten Thousand ($10,000.00) Dollars, for the payment of which well and truly to be made we hereby bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. The condition of the foregoing obligation is such that, WHEREAS, the said Principal is engaged in the business of installing, maintaining or repairing electrical equipment in the City of Birmingham and is required by the Electrical Code of the City of Birmingham to pay certain fees in carrying on said business, now if the said principal shall fully pay to said th City all fees imposed by said code not later than the 15 day of the month next succeeding the month during which liability for such fees accrued, then this bond shall be null and void, otherwise it shall remain in full force and effect. Except as to liability accruing prior to the effective date of cancellation, the surety's liability on this bond shall be terminated 15 days after receipt by the Director of Finance of written notice of the surety's intent to cancel. Any person, firm or corporation injured in person or property by reason of any violation of said laws, ordinances or regulations by said Principal, or by any act, default or omission constitution a breach of any of the conditions of this bond, may maintain a suit or action hereon for such injury. IN WITNESS WHREOF, the said Principal and the said Surety have hereunto set their hands and seals at Birmingham, Alabama, on this the __________________________ day of ________________, 20_______. ______________________________________________________________ (SEAL) ______________________________________________________________ (SEAL) Taken and approved this the ______________________ day of _________________________, 20______. ______________________________________________ Director of Finance (12/05)

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