How much does a contractor license bond cost in Iowa?
The state of Iowa and various cities throughout the state require contractors to post various surety bonds in varying amounts. Applicants should verify their bond requirements with the state and their local municipality prior to completing construction work.
Some of the bonds listed below are subject to underwriting consideration, while others can be issued instantly without a credit check for a low, flat rate. The best way to find out exactly how much you’ll pay for your Iowa contractor bond is to connect with our team of bond experts now!!
|Bond Type||Bond Amount||Cost*|
|$25,000 Contractor's Wage and Benefit Bond||$25,000||Subject to Underwriting||Apply Now|
|$10,000 Sioux City General Building Contractor's Bond||$10,000||$100||Apply Now|
|$25,000 Out-of-State Contractor Bond||$25,000||Subject to Underwriting||Apply Now|
|$50,000 Out-of-State Contractor Blanket Bond||$50,000||Subject to Underwriting||Apply Now|
|Varies Johnston Contractor Bond||Varies||Subject to Underwriting||Apply Now|
|$10,000 Eldridge Contractor Bond||$10,000||$100||Apply Now|
|$5,000 Davenport Utility, Plumber and Contractor Combined Performance, Obligation and Maintenance Bond||$5,000||$100||Apply Now|
|Varies Davenport Street Sewer Contractor's Bond||Varies||Subject to Underwriting||Apply Now|
|$10,000 Bettendorf Contractor's Bond||$10,000||$100||Apply Now|
Purchasing the bond you need is fast and easy when you work with the experts at SuretyBonds.com! Submit a bond request or call 1 (800) 308-4358 to get started.
Why do I need this bond?
Contractor bonds in Iowa are put in place to ensure that principals (contractors) conduct business in accordance with the laws of the state and/or their individual city. Some of these rules and regulations include:
- paying for all labor and materials used during the construction process
- completing construction projects according to code
- paying all taxes due to the state
- correcting any code violations in the given time frame
- and more
If the principal fails to comply with these terms, the bond protects harmed parties from financial loss up to the full amount of the bond.
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