Fire Extinguisher Service Bond
A Fire Extinguisher Service Bond is required by some municipalities for anyone engaged in the business of inspecting, servicing, or installing commercial or residential fire extinguisher systems. They ensure safety and compliance, which is of utmost importance in this particular industry. The bond amount will vary according to the municipality the principal. The bond is designed to protect the municipality against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws.
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