Warning: A non-numeric value encountered in /home/scottc26/public_html/wp-content/themes/Divi/functions.php on line 5841
Call us at 888.610.4474 info@hasslefreesuretybonds.com

Contractor license bond cost

Contractors in New Castle County, Delaware, must post surety bonds prior to conducting business. The required bond amount varies by license type, and applicants should verify their required amount of bond coverage with the county prior to bonding.

These bonds are subject to underwriting consideration, so the price you’ll pay depends on a review of your personal credit report. Contractors in Wilmington, Delaware, must post $3,000 surety bonds. Surety Bonds issues these bonds instantly for just $100. No credit check required!

The Delaware Division of Revenue requires non-resident contractors to post surety bonds in amounts equal to 6% of the contract to guarantee payment to the state for specified liabilities. These bonds are subject to underwriting consideration, so the price you’ll pay depends both on your required bond amount and on a review of your personal credit report.

The Code Enforcement Division of Newark, Delaware, requires contractors to post surety bonds in varying amounts prior to completing construction work. Like New Castle County contractor bonds and non-resident contractors bonds, Newark compliance bonds are subject to underwriting consideration.

New Castle County Contractor Bonds

The following contractors in New Castle County, Delaware, must be bonded prior to conducting contractor business:

  • Class U, A, B and C building contractors
  • Outside utility contractors
  • Third party inspectors
  • Master HVACR contractors
  • Master plumber contractors
  • Sewer and drain cleaners
  • Decorative appliance contractors

These bonds ensure that principals (contractors) comply with all provisions of the New Castle County Building Code and applicable federal and state laws and regulations relating to the contractor’s specific business. Additionally, the bond ensures that the contractor will faithfully correct any and all violations of these laws, ordinances and regulations in the allotted time frame.

These bonds protect the county and its officers, employees, agents and representatives from financial loss resulting from the principal’s violations up to the full amount of the bond. The principal must reimburse the surety for all damages paid out.

The surety can cancel this bond at any time by giving written notice of cancellation to both the principal and the New Castle County Code Official at least 45 days prior to the effective termination date.

For more information about working as a contractor in New Castle County, Delaware, visit the city’s contractor licensing information page.

City of Wilmington Contractor Bond

Contractors in Wilmington, Delaware, must post $3,000 surety bonds prior to completing construction work. These bonds protect the city from any damages or losses incurred by a principal’s (contractor’s) negligence while repairing, replacing or restoring any sidewalk, alley or footway over any opening or excavation. These bonds remain full force and virtue until canceled or violated.

For more information about how to become a licensed contractor in Wilmington, Delaware, visit the city’s website. 5 minutes and $100 is all it takes to purchase your Wilmington contractor surety bond when you work with the experts at Surety Bonds.

Non-resident Contractor Bond

The Division of Revenue requires non-resident contractors to post surety bonds in amounts equal to 6% of the contract amount to guarantee payments for liabilities to the state.

These bonds remain in full force and effect until the specified obligations are paid in full.

For more information about licensing for resident and non-resident contractors in Delaware, applicants should visit the state’s website.

Newark Compliance Bonds

The following contractors in Newark, Delaware, must post compliance surety bonds prior to completing construction work:

  • Unlimited general contractors
  • Limited general contractors
  • General contractors
  • Unlimited subcontractors
  • Limited subcontractors
  • Minor renovation contractors

By posting this bond, principals (contractors) pledge to comply with all provisions of all pertinent City of Newark Construction Codes (Newark Municipal Code, Chapter 7) and all applicable federal and state laws and regulations. Additionally, contractors agree to promptly correct any and all violations in the allotted time frame.

These bonds protect the City of Newark and its officers, employees, agents and representatives from any and all liability loss, damage or expense that results from the contractors violation(s).

The surety can cancel this bond by giving written notice of cancellation to both the principal and the city at least 45 days prior to the effective termination date.

For more information about working as a contractor in Newark, Delaware, visit the city’s construction permit information page.

Apply for your surety bond

Get a FREE Contractor License Bond Quote Today! Click here to begin