Commercial General Contractor

This bond is for contractors who construct, alter, and repair any commercial property or supervise subcontractors performing work on a property. The bond amount is based on filed gross receipts.

  • Bond amounts:
    • $15,000 based on gross receipts over $150,000, not more than $500,000
    • $25,000 based on gross receipts over $500,000, not more than $1M
    • $50,000 based on gross receipts over $1M, not more than $5M
    • $75,000 based on gross receipts over $5M, not more than $10M
    • $100,000 based on gross receipts over $10M
  • 5% - 10% of the total cost - $50 minimum premium
  • Pricing increases based on the bond amount
  • Purchase two years to align with license renewal
  • Multi-year options carry a 25% discount
  • Based on personal credit

General Bond Application

Commercial Specialty Contractor

This is for contractors engaging in contract work related to their specialty classification(s) on a commercial property. The bond amount is based on filed gross receipts and license type.

  • Bond amounts:
    • $7,000 based on gross receipts over $150,000, not more than $500,000
    • $17,500 based on gross receipts over $500,000, not more than $1M
    • $25,000 based on gross receipts over $1M, not more than $5M
    • $37,500 based on gross receipts over $5M, not more than $10M
    • $50,000 based on gross receipts over $10M
  • 5% - 10% of the total cost - $100 minimum premium
  • Pricing increases based on the bond amount
  • Purchase two years to align with license renewal
  • Multi-year options carry a 25% discount
  • Based on personal credit

Specialty Bond Application