How much does a contractor bond cost in Missoula, Montana?
The city of Missoula, Montana, requires gas fitters, sidewalk, curb, and paving contractors and excavation contractors to post surety bonds to receive a license. Gas fitter and sidewalk, curb, and paving contractor bonds are issued for just $100, while excavation bonds cost $200. None of the three Missoula contractor bonds require underwriting, meaning you can purchase your bond securely online in just a few minutes.
|Bond Type||Bond Amount||Cost|
|$3,000 Missoula Contractor Bond Gas Fitter Bond||$3,000||$100|
|$10,000 Missoula Contractor Bond Sidewalk, Curb and Paving Bond||$10,000||$100|
|$20,000 Missoula Contractor Bond Excavation Bond||$20,000||$200|
Why do I need this bond?
Prior to receiving a city business license, all gas fitters, sidewalk/curb/paving contractors and excavation contractors must file surety bonds in the proper amount with the city subject to the conditions listed in Section 13.24.030, 12.08.030 and 12.24.120 depending on the type of construction work being performed. The bond indemnifies and protects the city from losses or damages that result from the principal’s (gas fitter or contractor) failure to comply with these terms.
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What’s the fine print?
Although there aren’t specific forms for these Missoula surety bonds, our experts have been instructed by the city to use the generic license and permit bond form for these bond types.
The surety can cancel this bond at any time by giving the city written notice of cancellation 30 days prior to the effective termination date.
The surety agrees that the city’s cost of repairs can be assessed against the bond and provided by ordinance 5.08.140.
How to become a contractor in Missoula, Montana
To become a licensed gas fitter or excavation or paving, curb and sidewalk contractor in Missoula, Montana, applicants must do the following:
- Provide proof of Certificate of Insurance
- Show evidence of Worker’s Compensation Insurance of exemption
- Provide a copy of State of Montana Department of Labor and Industry Certificate of Contractor Registration
- Submit to a police background check