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Colorado $5,000 Denver Merchant Guard Company Bond

Cost: $100.00 / 1-year term

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How much does a $5,000 security guard company bond cost in Denver?

A $5,000 security guard company bond costs $100 for a full year and is issued instantly with SuretyBonds.com. However, these bonds expire on December 31, meaning the exact premium the applicant will pay for their initial bond term may be prorated.

Bond Type Bond Amount Cost
$5,000 Denver Merchant Guard Company Bond $5,000 $100

Why do I need a merchant guard company bond in Denver?

The Department of Regulatory Agencies requires companies to post a $5,000 surety bond if they provide professional security services.

This bond ensures that a company providing professional security services will conduct business in accordance with the provisions of Chapter 42, Article V of the Revised Municipal Code of the City and County of Denver. For example, this bond requires such companies to pay all wages and salaries due to its agents and employees. If the applicant fails to do so, a claim can be made against the bond by the city and/or any person who was injured by the company’s faulty business practices.

Terms of security guard company bonds

Denver, Colorado security guard company bonds are continuous until canceled and must be renewed annually on December 31. If the bond is to be canceled, the surety must provide 90 days notice. For the obligee to accept the bond, the principal’s signature on the bond form must be witnessed.

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How to become a licensed merchant guard company in Denver

In addition to submitting the $5,000 surety bond, Denver merchant guard companies must take additional steps to become properly licensed.

Before beginning an online application, Denver’s Business Licensing Center recommends applicants complete the following to ensure the application process runs smoothly:

Once the applicant is ready to begin the application process, he or she must register for an account and complete the online application.

When applying for a merchant guard license, the following documents will be required:

If the applicant is seeking an endorsement for other things while working, such as carrying a firearm, there are additional request forms to be submitted.

Once the application is complete, the license should be issued within 7 business days.

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Additional Resources

Denver Business Licensing Center: Security Guard

FAQ & Documents: Security Guards

Denver, Colorado: Code of Ordinances Title II Revised Municipal Code Chapter 42 Police Article V. - Merchant, Business or Industrial Guards or Patrols Division 1