Residential Contractor License Bond Application

Residential General Contractor

For contractors who construct or repair any residential property. The bond can range from $9,000 to $15,000 based on state-imposed requirements associated with your filed gross receipts and license type. The costs can start as low as $50 per year but may vary based on the bond value and the personal credit associated with the licensee. If qualified, a multi-year option may be available with longer terms carrying a reduced annual rate.

Residential Specialty Contractor

For contractors who engage in contract work corresponding to their specialty classification(s) on a residential property. The bond can range from $4,250 to $7,500 based on state-imposed requirements associated with your filed gross receipts. The costs can start as low as $100 per year but may vary based on the bond value and the personal credit associated with the licensee. If qualified, a multi-year option may be available with longer terms carrying a reduced annual rate.