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How much does a Colorado contractor license bond cost?
Colorado contractor license bond costs start at $100 annually. Your exact cost will vary depending on the license type you need and its required bond amount. Most city and county permit bonds cost $100 annually. A few license types require a quick application review to determine your surety bond cost.
How do I get a contractor license surety bond in Colorado?
You can buy your Colorado contractor license surety bond online 24/7. Simply select which bond you need from the dropdown above or the table below. Your licensing authority determines what information is required on your form, but you typically need to provide your contractor or construction company name, physical business address, and license type for filing approval. Once your order is processed, your bonding confirmation will be sent to your email.
How fast can I get a contractor bond?
Our industry-leading technology and responsive customer service team allow us to deliver your official Colorado contractor bond faster than any other surety provider. SuretyBonds.com offers digital delivery for most Colorado construction contractor bonds. Orders placed by 4 PM CST Monday-Friday are typically processed with same-day emailed bond delivery. If your licensing authority requires your official bond be physically issued and delivered to you, we'll ship it to your preferred mailing address.
If you have questions about Colorado contractor bond requirements, call 1(800)308-4358 to speak with a friendly surety expert. We're here to guide you through the contractor bond process so you can get back to running your business.
What is a Colorado contractor license bond?
“Colorado contractor license bond” is a blanket term for the different surety bonds required by cities, counties, and sanitation districts for contractor licensing. Each contractor license surety bond has its own specific terms, but they generally require contractors work according to state, county, and city construction industry laws. These bonds protect regulatory agencies and consumers from losses that result from contractor noncompliance.
Why do you need a Colorado contractor bond?
By filing your bond, you agree to complete your construction work as required by law. Your form might include provisions that require you to do things like adhere to building codes or pay taxes. If you fail to fulfill your obligations, your surety company will pay valid claims up to the full bond amount to harmed parties, which you must then reimburse.
Who needs a Colorado contractors license bond?
Surety bond requirements depend on where you work, the type of work you do, and the specific license you need. Cities, counties, and sanitation districts enforce their own license and bond requirements. If you work in one of these cities, counties, or sanitation districts, you must file your bond with them directly for local licensing compliance. If you need a surety bond for a city or county not listed, call 1(800)308-4358.
Who regulates licensing for contractors?
General contractors are not licensed at the state level but might need to be licensed at the local level depending on where they work. The Colorado Department of Regulatory Agencies enforces licensing requirements for the state's plumbing and electrical contractors. If you have questions about state contractor license requirements, you can call DORA at 1(800)886-7675 or email [email protected]. If you have questions about local licensing requirements, contact your local government office.
Need a surety bond for a construction project in Colorado?
Colorado contractor bonds are required for licensing compliance. If you need a surety bond before you can begin work on an individual contracted project, you might need a bid bond, payment bond, performance bond, or other type of contract bond. If you work in states other than Colorado, we also offer contractor license bonds nationwide.
How do I update or change my construction contractor bond form?
If your licensing agency requires you to update information on your bond form, contact your surety provider. If you purchased your bond from SuretyBonds.com, email [email protected] to explain the needed change. The most common changes requested for these bonds are updating your name, address, or license number.
How do I renew my construction contractor bond?
You must renew your Colorado surety bond before its current term expires to keep your license in good standing. Once you pay your SuretyBonds.com renewal invoice, renewal instructions will be emailed to you to keep your bond active for your next license term.
How do I get a contractor license in Colorado?
If you're an electrical or plumbing contractor, you'll submit your state license application to the Colorado Department of Regulatory Agencies who will provide information on testing locations, fees, and schedules. Electrical contractors will pay $120 for a journeyman classification or $140 for a master electrical classification. Residential plumbing applicants will pay $100, journeyman applicants $120, and master plumbing applicants $140.
All other contractor licensing requirements vary by city, county, or sanitation district. Generally you'll be required to submit an application packet and surety bond before receiving your contractor license.