Connecticut CLEC Bond Guide
If you’re applying to become a competitive local exchange company in Connecticut, you’ll likely need this surety bond.
Bond Overview
- Regulating Body: The Connecticut Public Utilities Regulatory Authority (PURA)
- Purpose: To ensure telecommunications providers comply with PURA regulations
- Who Needs It: Providers applying for the CLEC program
- Required Coverage: $25,000
- Premium Rate: $250–$2,500, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Connecticut Competitive Local Exchange Company Bond?
A Connecticut competitive local exchange company/carrier (CLEC) bond is a type of license and permit bond required for telecommunication providers.
The Public Utilities Regulatory Authority requires this bond as part of the licensing process for CLEC service providers. This includes any entity that competes for local exchange telecommunications service business.
How Much Do Connecticut CLEC Bonds Cost?
Connecticut competitive local exchange carrier bonds cost a small percentage of the $25,000 coverage amount, typically $250–$2,500.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Connecticut CLEC bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll email you the bond shortly after purchase. Be sure to sign and file it with PURA as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Connecticut CLEC Bond Work?
A CLEC bond creates a legal contract between these three parties:
- Principal: You, the telecommunications service provider filing the bond
- Obligee: The Public Utilities Regulatory Authority (PURA) requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for complying with all applicable ordinances, rules and regulations.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your competitive local exchange company bond, simply pay your renewal invoice when prompted.
After renewing, you’ll receive a continuation certificate to file with the as proof of ongoing coverage.