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How much does a Hawaii contractor license bond cost?
Hawaii contractor bond costs start at $100 for the state-required 1-year term. Annual premiums vary depending on the bond amount required by the Contractors License Board. Your exact premium will be provided after a quick application review. Apply now to get your free, personal Hawaii contractor bond quote!
How do you get a Hawaii contractor license bond?
You can apply for your contractor license bond online 24/7. You must provide your contractor or construction company name and correct required bond amount for Contractors License Board approval. Once your order has been processed, your bond will be shipped to your preferred mailing address.
How fast can I get a contractor surety bond?
Our industry-leading technology and responsive customer service team allow us to offer free quotes and deliver your official Hawaii contractors license bond faster than any other surety provider. The Contractors License Board requires your official surety bond be physically issued and shipped to you, so choose overnight shipping during checkout if you're in a rush. Orders placed by 4 PM CST Monday-Friday are typically shipped same-day.
If you have any questions about the Hawaii contractor bond or your application, 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 Hawaii contractor license bond?
Hawaii Revised Statutes Section 444-16.5 requires individuals file a minimum $5,000 surety bond before a contractor license will be issued. Bond form CT-09 is officially titled the “Bond Form - Contractors License.” By filing this bond, a licensee agrees to operate their construction contractor business according to Chapter 444 of the Hawaii Revised Statutes.
How does a Hawaii contractor license bond work?
The bond specifically requires contractors to pay all employee wages accurately and conduct business honestly according to Hawaii Revised Statutes. If a contractor fails to do so, the bond protects any harmed person from losses. The issuing surety company will pay valid claims up to the full bond amount, which the bonded contractor must then reimburse.
Who needs a Hawaii contractor license bond?
The Hawaii Department of Commerce and Consumer Affairs Professional and Vocational Licensing Division Contractors License Board enforces all licensing regulations for contractors, including this bond requirement. Individuals applying for an individual or corporate general contractor or specialty contractor license must fulfill the bond requirement before becoming a licensed contractor.
What is the bond amount for the Hawaii contractor license bond?
The total bond amount required for each contractor is determined by the Contractor License Board. If you need help determining your total bond amount or have questions about your licensing status, contact the CLB by phone at 1 (808) 586-2700 or by email at [email protected].
How do contractors file your bond with the Hawaii CLB?
After you've purchased and received your official, physical bond paperwork, you must sign it in the presence of a licensed notary who will witness your signature. You'll file your official Hawaii surety bond with the CLB along with your application packet, which is explained in the licensing section below.
Need a surety bond for a construction project in Hawaii?
Hawaii contractor license 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 Hawaii, we also offer contractor license bonds nationwide.
How do I update or change my contractor bond form?
If the CLB requires your bond documentation to be updated for any reason, 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 this bond are the contractor or construction company name and the bond amount.
How do you renew your Hawaii contractor license bond?
You must renew your bond before its current 1-year term expires. Once you pay your SuretyBonds.com renewal invoice, renewal instructions will be sent to you to keep your bond active for your next license term.
How do contractors apply for a license in Hawaii?
Complete the following steps to apply for a Hawaii contractor license.
1. Meet the required criteria listed below.
- be at least 18 years old
- show proof of a good reputation
- have at least 4 years of experience in the last 10 years
- pass the two-part related examination
- have liability insurance
- work for an authorized contracting organization
2. Fill out the application for licensing. Provide the associated documents and fees with the application.
- project list from the 4 years of experience
- experience certificates
- Hawaii contractor surety bond
- financial statement
- credit report
- tax clearance
- letter of proof of REM employment (if applicable)
3. Pay the $50 non-refundable filing fee.
4. Once you've fulfilled all requirements and completed all paperwork, mail your application with all supporting documentation to the CLB.
Contractors License Board
DCCA, PVL Licensing Branch
P.O Box 3469
Honolulu, HI 96801
You can also deliver your application packet in person to the Contractors License Board office.
355 Merchant St., Room 301
Honolulu, HI 96813
You must submit your application to the CLB before the first Tuesday of the month for board review the following month.