NYC Home Improvement Contractor Bond
NYC Home Improvement Contractor Bond
We write $20,000 New York City of New York Home Improvement Contractor Surety Bonds.
Our price is $150 for 2 years. INSTANT ISSUE - NO UNDERWRITING!
Term Options
Renew less often, save time and money by choosing a longer bond term!
General Information
NYC Home Improvement Contractor Surety Bonds are required by the New York City Dept of Consumer and Worker Protection (DCWP). The required bond amount is $20,000. All of these licenses expire 2/28 of odd years. Two year premium is $150 for the bond term that will coincide with the license term will be 2/28 of every odd year.
When filing your DCWP license Application, the DCWP requires business owners to either enroll their business in the DCWP's Trust Fund or post a $20,000 Surety Bond. We understand and recognize the DCWP's requires that the Surety bond must name the Department of Consumer and Worker Protection as the Certificate Holder. Also, your corporate name, Doing-Business-As (DBA) name (if any), and premises address must be exactly the same on all documents. You must also submit a copy of the bond receipt showing that the bond has been paid in full and does not expire before the end of the licensing period. The fee for joining the Trust Fund is $200. Our $20,000 Surety Bond is $150 for the 2 year license term of February 28 of odd years!
No underwriting or credit check required!
Additional information about this corporate surety bond requirement is as follows:
Obligee - New York City Department of Consumer and Worker Protection
Bond Amount - $20,000
Bond Premium - $150 for the 2 year license term of 2/28 of odd years