Plumber’s bond cost
The Iowa Plumbing and Mechanical Systems Board requires professionals who provide plumbing or mechanical services in Iowa to post $5,000 surety bonds. Surety Bonds issues these bonds for just $100. We also offer a discounted multi-year price of $250 for 3 years of coverage! No credit check is required, so everyone is instantly approved for the same low rate.
Why this bond
Plumbing and mechanical systems contractor bonds in Iowa ensure that principals (plumbing contractors) abide by the rules and regulations of the state and industry and faithfully perform the duties entrusted to them. If a contractor fails to adhere to these terms, a claim can be filed against the bond. The bond guarantees that the contractor will ultimately pay for any suits, costs, damages or expenses resulting from injuries or damages incurred by his or her actions while on the job.
Plumber’s bond details
If the applicant operates the contractor business as a sole proprietorship, he or she must provide the board with evidence that the applicant personally obtained the surety bond. If the applicant operates the contractor business as an employee or owner of a legal entity, he or she must provide the board with evidence that the surety bond was obtained by the entity and that the surety bond covers all plumbing or mechanical work performed by the entity.
Iowa plumbing and mechanical service surety bonds remain in full force and effect unless otherwise canceled. If the bond is to be canceled, the surety must provide a cancellation notice to the Iowa Plumbing and Mechanical Systems Board in Des Moines, Iowa. The cancellation notice must be received at least 15 days prior to the termination date.
Become a plumbing and mechanical contractor
To become licensed as a contractor by the Iowa Plumbing and Mechanical Systems Board, applicants must:
- Be at least 18 years of age
- Provide documentation of criminal convictions related to the practice of the profession along with a full explanation
- File an application and submit appropriate fees
- Provide his or her Iowa Workforce Development Contractor Registration Number, if applicable
- Provide the board with evidence of a permanent place of business
Apply for your surety bond
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