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*|
|Contractor's Wage and Benefit Bond||$25,000||Subject to Underwriting||Apply Now|
|Sioux City General Building Contractor's Bond||$10,000||$100||Apply Now|
|Out-of-State Contractor Bond||$25,000||Subject to Underwriting||Apply Now|
|Out-of-State Contractor Blanket Bond||$50,000||Subject to Underwriting||Apply Now|
|Johnston Contractor Bond||Varies||Subject to Underwriting||Apply Now|
|Eldridge Contractor Bond||$10,000||$100||Apply Now|
|Davenport Utility, Plumber and Contractor Combined Performance, Obligation and Maintenance Bond||$5,000||$100||Apply Now|
|Davenport Street Sewer Contractor's Bond||Varies||Subject to Underwriting||Apply Now|
|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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