Southport Demolition / Wrecking Performance Bond

What it is & who requires it

Any applicant for a wrecking or demolition permit within the City of Southport.

Obligee: City of Southport. Citation: Southport Municipal Code Ch. 13.04, Ord. 13.04 §1-42.

Bond amount

Sliding scale by building size: $1,500 for buildings not exceeding 10,000 sq ft, up to $4,000 plus an additional $1,000 per additional 10,000 sq ft for buildings over 100,000 sq ft. (Bond, certified check, cashier’s check, or money order held in escrow.)

How to get it

This bond issues online — get bonded through our portal, usually in a single sitting once you confirm the bond, amount, and obligee.

Get Your Bond Online Call 317-942-0549

Term & renewal

Term: Held in escrow until the site is cleared/made safe within 10 days of completion

Renewal: Per-project; released by the Building Commissioner upon satisfactory site condition

Filing

Submitted to the Southport Building Commissioner before a wrecking or demolition permit is issued and held in escrow until the site is cleared and made safe within 10 days of completion. The amount is on a sliding scale by building size, and a bond, certified check, cashier’s check, or money order may be posted. The City may claim against the security and self-perform if the site isn’t cleared in time. Authority: Southport Municipal Code Ch. 13.04, Ord. 13.04 §1-42.

Source

Verified against the obligee source (last checked 2026-06-04).

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Frequently asked questions

Who requires the Southport Demolition / Wrecking Performance Bond?
It’s required by City of Southport (Southport Municipal Code Ch. 13.04, Ord. 13.04 §1-42). Any applicant for a wrecking or demolition permit within the City of Southport.
How much is the Southport Demolition / Wrecking Performance Bond?
Sliding scale by building size: $1,500 for buildings not exceeding 10,000 sq ft, up to $4,000 plus an additional $1,000 per additional 10,000 sq ft for buildings over 100,000 sq ft. (Bond, certified check, cashier’s check, or money order held in escrow.)
How do I get the Southport Demolition / Wrecking Performance Bond?
This bond issues online — get bonded through our portal, usually in a single sitting once you confirm the bond, amount, and obligee.
What is the term?
Held in escrow until the site is cleared/made safe within 10 days of completion Renewal: Per-project; released by the Building Commissioner upon satisfactory site condition
Is this bond insurance for me?
No. It protects the obligee and the public — not you. If a valid claim is paid, you repay the surety.
How is this requirement verified?
We verify it against the obligee’s primary source (last checked 2026-06-04); the source link is on this page.

Get your bond online

Get Your Bond Online