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Call us at 888.610.4474 info@hasslefreesuretybonds.com

Contractor bond cost

General and specialty subcontractors and contractors who conduct business within the State of Hawaii are required to post a surety bond. Bond amounts vary from applicant to applicant. Bond premiums are subject to underwriting. This means premiums are based on your personal credit report.

Give us a call at 888.610.4474 or submit a bond request to begin our fast and easy bonding process.

Why this bond

By posting a bond the principal guarantees to carry out business in full compliance with the provisions of Chapter 444 of the Hawaii Revised Statutes. This includes faithfully and promptly accounting for and paying all wages to employees. Specifically, this bond offers indemnity to protect all persons financially harmed by wrongful acts of the principal.

Contractor bond details

Bonds will remain continuous unless canceled by the surety. If the surety decides to cancel a bond, they must mail a cancellation notice to the State of Hawaii 30 days prior to the deemed cancellation date.

Become a contractor

Applicants must meet the following criteria to apply for a contractor license:

  • Register with the Business Registration Division
  • Have a good reputation
  • Have workers’ compensation insurance and liability
  • Have a designated Responsible Managing Employee (RME)

License applications must be submitted and filed by the 20th day of the month in which the application is sent. The following items must be attached to each application:

  • Application fee
  • Credit reports of each partner/officer/member/manager
  • Financial statement
  • Tax clearance
  • RME appointment
  • Entry registration

All licenses must be renewed by September 30 on even-numbered years.

Apply for your surety bond

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