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Nevada Contractors Board License Bond

How much will my Nevada contractor bond cost?

Nevada contractors license surety bonds vary in amount from $1,000 to $500,000, but are always effective for 2-year terms. The required amount of the bond is determined by the Nevada State Contractors Board. Specifically, bond amounts depend on the following factors:

  • monetary limit granted
  • the type of license requested
  • experience and character of the applicant
  • the applicant’s business financials and/or personal financial statement

These bonds are subject to underwriting, which means that a review of the applicant’s credit report will determine exactly how much the bond will cost. Since the required amount and price of this bond fluctuate so much, we suggest calling in to receive a free, personalized bond quote. Give us a call today at 1 (800) 308-4358 or to get started.

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Contractors Board License Bond Varies Starts at 3% 5-10% 10%+ Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

To receive a free bond quote fill out our online bond request form. You’ll be contacted by a member of our team of surety specialists who will walk you through each step of the bonding process and get you a free surety bond quote.

Why do I need this bond?

Nevada contractors license bonds ensure that a contractor will faithfully and honestly comply with all of the rules stated in Chapter 624 of the Nevada Revised Statutes, and perform all contracted duties during the specified time period of the project’s completion. Unlawful acts under this bond include:

  • using any of the funds provided by the customer for anything other than the assigned project
  • misleading the customer to make more money
  • failing to keep accurate financial records for each project

Our experts at SuretyBonds.com know all about this specific bond type and can answer all of your questions. Submit a bond request to get the Nevada contractor bond you need!

What’s the fine print?

Nevada contractors board license bonds remain valid for a 2-year term. If the surety decides to terminate the bond, a written notice must be sent to the State Contractors’ Board at least 60 days before the termination date.

How to become a contractor in Nevada

When submitting a contractor’s license application, the following documents must accompany it:

  • the applicant’s detailed resume and experience
  • all reference certificates (applicants must have a minimum of 4 years of experience)
  • background disclosures (fingerprints)
  • the applicant’s personal financial statement

If approved for a license, a $600 biennial license fee must be submitted before your license can be issued.

Contact SuretyBonds.com for all your bonding needs! Submit a bond request to start getting bonded today.

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Nevada State Contractors Board Bond Requirements

Nevada State Contractors Board surety bond form

Nevada State Contractors Board Overview Of Contractor License Requirements For Nevada

Nevada State Contractors Board Application for Contractor’s License

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