§ 6.52.140. Registration and bonding required.

A.

It shall be the duty of every person desiring to engage in the business of plumbing as a metropolitan plumbing contractor to register and post bond, as required, with the department of codes administration.

B.

It shall be the responsibility of the plumbing contractor to furnish to the department of codes administration a permit bond in the amount of forty thousand dollars conditioned to conform to the requirements of this chapter and all applicable laws, ordinances, rules, and regulations of the metropolitan government relating to work which is performed by the principal pursuant to a permit issued under this bond, or for work performed by the principal for which a permit should have been obtained prior to the commencement of such activity; and to indemnify the metropolitan government and property owners against any and all loss suffered by them by reason of the failure of such contractor to comply with such laws, ordinances, rules and regulations. Such bond shall be continuous and may not be canceled without at least ten days' prior notice, in writing, to the director of codes administration. The liability of the surety shall continue to attach to work performed pursuant to any permit issued prior to the termination date of the bond even if the noncomplying act should occur after the termination date of the bond. The liability of the surety for any and all claims, suits or actions under this bond shall not exceed the bond penalty of forty thousand dollars. Regardless of the number of years this bond may remain in force, the liability of the surety shall not be cumulative and the aggregate liability of the surety for any and all claims, suits or actions under this bond shall not exceed forty thousand dollars. The bond shall be issued by a U.S. Treasury-listed corporate surety or a Tennessee domestic insurance company on forms provided by the department of codes administration.

C.

It shall be the responsibility of the plumbing contractor to furnish to the department of codes administration a certificate of general liability insurance issued by a Tennessee-licensed company which provides a minimum of three hundred thousand dollars per occurrence with combined single limits for bodily injury and property damage coverage. The certification of insurance must be submitted prior to renewal of the metropolitan contractor's certificate holder annual renewal. The insurance may not be canceled without at least thirty days' prior notice, in writing, to the director of codes administration.

(Ord. 94-1226 § 2, 1994; prior code § 33-1-73)