Nevada Contractor License Bond Application

License Contractor Bond - NV

Every contractor's license granted in Nevada mandates the acquisition of a license bond. The Nevada State Contractors Board assesses the bond amount during the license approval process. This bond amount is flexible, ranging between $1,000 and $500,000. The Board takes various factors into account when determining the bond amount, including the type of license sought, the monetary limit conferred, the applicant's financial responsibility history (past, present, and future), experience, and character. Consequently, as the bond values vary, the cost of each bond also fluctuates accordingly.