Cost: $100 ( 1 Year )
If you are engaged as a Master Well Driller in the State of Maryland, the Maryland State Board of Well Drillers requires that you execute a Maryland Master Well Driller Bond in the amount of $5,000 to ensure compliance with Title 13 of the Environmental Article of the Annotated Code of Maryland.
Bonds Express offers a Maryland Master Well Driller Bond with a 100% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Maryland Master Well Driller Bond holds you accountable for your business decisions.
By possessing a Maryland Master Well Driller Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.