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How much does a Delaware contractor license bond cost?
Delaware contractor license bond costs start at $50 annually. Your exact cost will vary depending on the license type you need and its required bond amount. Most contractor bonds required by individual cities or counties cost $100 annually. Some cities and counties require their bonds expire on a specific day every year, so your personal premium will be based on when you purchase your bond. A few Delaware contractor license bonds require a quick application review to determine pricing.
How do you get a Delaware contractor license bond?
You can purchase most Delaware contractor license bonds online 24/7. Simply select which bond you need from the dropdown above or the table below. You'll need to provide information for your bond form as required by your licensing authority for filing approval, which usually includes your contractor or construction company name, physical business address, and license type. Once your order has been processed, you'll receive your bonding confirmation by email.
How fast can I get a contractor bond?
Our industry-leading technology and expert customer service team allow us to offer free quotes and deliver your official Delaware contractor bond faster than any other surety provider. SuretyBonds.com offers digital document delivery by email for most Delaware construction contractor bonds. If your licensing agency requires your official bond be physically issued and delivered to you, we'll ship it to your preferred mailing address. Orders placed by 4 PM CST Monday-Friday are typically processed with same-day delivery by email.
If you have questions about Delaware 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 Delaware contractor license bond?
“Delaware contractor license bond” is a generic term for bonds used to enforce contractor licensing requirements across the state. Bonds are required for different reasons depending on the licensing authority, but they generally ensure contractors comply with local building codes and any other applicable federal or state laws when performing work. Contractor bonds protect the state, county, city, and its citizens from financial losses resulting from contractor noncompliance.
Why do Delaware contractors need a surety bond?
Delaware contractors must file surety bonds with certain cities or counties before they can receive a business license to perform construction work in the area. These bonds must remain active for the duration of the contractor license as long as the contractor works there. If a contractor fails to comply with the bond's terms, the issuing surety company will pay valid claims up to the full bond amount to harmed individuals or entities. The bonded contractor must then reimburse the surety company for all damages paid out.
Who regulates licensing for contractors?
The Delaware Division of Revenue enforces licensing requirements for resident and non resident contractors. If you have questions about your construction contractor license or surety bond requirements, the DOR advises you call 1(302)577-8778 or email [email protected]. All other contractor bond requirements are enforced at the local city and county level.
What are different types of Delaware contractor licenses?
Not all Delaware contractor license types require surety bonds. Delaware Code Title 30 Chapter 3 Section 375 requires nonresident contractors file a surety bond with the Delaware Division of Revenue before performing labor or services in the state.
If you work in one of the following cities or counties, you must file an additional bond with them directly before receiving your contractors license. If you need a surety bond for a city or county not listed below, call 1(800)308-4358.
- Laurel requires a $5,000 surety bond if you're a plumbing contractor.
- Newark requires surety bonds in varying amounts if you're a general contractor, subcontractor, or minor renovation contractor.
- Rehoboth Beach requires a surety bond if you're a plumbing contractor.
- Seaford requires a surety bond if you're a master plumbing contractor.
- Wilmington requires a surety bond if you're a plumbing, HVAC, or general contractor.
- New Castle County requires surety bonds in varying amounts if you're a class A, class B, class C, or class U building contractor. New Castle County also requires bonds if you perform HVACR, plumbing, outside utility, sewer and drain cleaning, or decorative appliance work.
- Sussex County requires a surety bond if you're a plumbing contractor.
Need a surety bond for a construction project in Delaware?
Delaware 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 Delaware, we also offer contractor license bonds nationwide.
How do I update or change my contractor bond?
If your licensing agency requires your surety bond documentation to be updated for any reason, contact your surety provider. If you purchased your Delaware contractor license bond from SuretyBonds.com, email [email protected] to explain the needed change. The most common changes requested are the contractor/construction company's name, address, or license type.
How do you renew your Delaware contractor license bond?
You must renew your Delaware surety bond before its current term expires to maintain your contractor license. If SuretyBonds.com manages your contractor bond, we'll send you renewal instructions after you pay your renewal invoice.
How do you get a contractors license in Delaware?
Contractor licensing requirements vary depending on the city or county you work in. However, you'll typically submit a contractor license application packet and city or county-specific Delaware surety bond before being issued a local contractor license.