Louisville License and Permit Bond Guide
If you’re applying for a contractor license in Louisville, you may need this surety bond.
Bond Overview
- Purpose: To ensure compliance with license and permit requirements
- Who Needs It: Contractors working in Louisville
- Regulating Body: The Louisville Metro, Office of Construction Review (OCR)
- Required Coverage: $1,000–$25,000
- Premium Rate: $10 per $1,000 of coverage, with a $100 minimum
Learn all about the bond requirements and process in this guide.
What Is a Louisville License and Permit Bond?
A Louisville license and permit bond ensures that wrecking contractors and other licensed professionals uphold local regulations and client contracts.
How Much Do License and Permit Bonds Cost in Louisville?
A Louisville license and permit bond costs a flat rate of $10 per $1,000 of coverage, with a $100 minimum. Or, you can save 25% by selecting a multi-year term.
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Who Needs a License and Permit Bond?
The Louisville Metro Office of Construction Review requires this bond as part of the licensing process for all types of wrecking contractors.
Other contractors or licensees may also need a surety bond. Verify your bond requirement with the OCR.
How Do I Get My Bond?
With SuretyBonds.com, you can buy your Louisville license and permit bond instantly online. Just enter your information and checkout in minutes.
We’ll mail you the bond via your preferred shipping method. Be sure to file the bond with the Office of Construction Review as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Louisville License and Permit Bond Work?
As with all surety bonds, a license and permit bond creates a legal contract between three parties:
- Principal: You, the contractor filing the bond
- Obligee: The Louisville Metro, Office of Construction Review requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding applicable local laws 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 are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your license and permit bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.