Delaware Contractor License Surety Bond
Delaware Contractor License Surety Bond
We write Contractor Bonds in Deleware.
Bond amount varies. Our GOOD CREDIT rate is 2%.
Click for a No Obligation Quote
Delaware Contractor Bonds are required by the Delaware Division of Revenue & Labor. They are frequently required of non-resident contractors and they guarantee the payment of taxes. The amount of the bond is 6% of the contract amount. The bond is only required is the contract amount is over $20,000.
Most applicants with good credit will qualify for rate indicated. In order to receive your specific quote, we must review your qualifications to determine the lowest possible price. If you have already been declined or nonrenewed by another Surety Company, chances are you will not qualify for this preferred rate.
We have various sureties willing to write bonds for applicants with less than perfect credit, including a special program with very competitive prices for those with just a few credit blemishes.
We find the best possible price for your surety bond given your particular qualifications.
Additional information about this corporate surety bond requirement is as follows:
Obligee - Delaware Division of Revenue & Labor
Bond Amount - 6% of Contract Amount
Bond Premium - Varies
Renewal Document - None
Prices displayed here are an indicator and an estimate of the price we can obtain for qualified applicants. Applications must be reviewed to determine your specific quote.