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How much does a contractor bond cost in North Carolina?
North Carolina contractor bond costs start at $100 annually. Your exact cost will vary depending on your license classification and its required bond amount. A few state contractor license types require a quick application review to determine pricing. Most bonds required by cities and counties cost $100 annually for all applicants.
How do you get a North Carolina contractor bond?
You can purchase most North Carolina contractor bonds online 24/7. Choose your construction bond from the dropdown above or the table below. Information required for bond filing approval depends on your licensing authority, but you typically need to provide your contractor or construction company name, physical business address, and license type. Once your order has been processed, your North Carolina contractor bond confirmation will be emailed to you.
How fast can I get a construction contractor surety bond?
Our industry-leading technology and responsive customer service team allow us to deliver your official North Carolina contractor bond faster than any other surety provider. SuretyBonds.com offers emailed delivery for most North Carolina contractor bonds. Orders placed by 4 PM CST Monday-Friday are typically processed with same-day emailed delivery. If your licensing authority requires your official bond be physically issued and delivered to you, we'll ship it to your preferred mailing address.
If you have questions about North Carolina contractor bond requirements, call 1(800)308-4358 to speak with a friendly surety expert. We're here to guide you through the contractor bond process so you can get back to running your business.
What is the purpose of a contractor bond?
North Carolina contractor bonds are required for state, city, or county contractor licensing. Individual surety bond requirements vary depending on the licensing authority and license classification enforced at the city, county, or state level. Regardless of the exact bond form, these bonds generally require contractors to work and complete projects according to any applicable state, city, or county laws.
North Carolina Provision 21 NCAC 12A .0204 requires general contractors file a North Carolina general contractor license bond if they cannot provide proof of working capital. The North Carolina Irrigation Contractors' Licensing Board enforces its own specific North Carolina irrigation contractor bond while the North Carolina Landscape Contractors' Licensing Board enforces its own specific North Carolina landscape contractor bond.
Why are contractor bonds required in North Carolina?
North Carolina contractor bonds are required for licensing. By filing a bond, individuals agree to follow laws regulating construction contractor licensing. If they fail to do so, the issuing surety company will pay valid claims to harmed parties up to the full bond amount. The contractor must reimburse their surety company for all claims paid.
Who regulates licensing for contractors?
Different government agencies regulate contractor licensing at the state level. For information on local licensing requirements, contact your city or county's licensing office.
The North Carolina Licensing Board for General Contractors enforces licensing requirements for general contractors. Learn more about the North Carolina general contractor license bond requirement.
Who is required to get a North Carolina contractor bond?
Contractors who work in the following trades must purchase and file a North Carolina surety bond before getting a state contractor license from their respective North Carolina board.
- general contractor
- electrical contractor
- irrigation contractor
- landscape contractor
- manufactured home set-up contractor
- modular building set-up contractor
If you work in one of the following cities or counties, you must file an additional bond with them directly before receiving your local contractor license. If you need a surety bond for a city or county not listed below, call 1(800)308-4358.
- Gaston County
- Kitty Hawk
- Mecklenburg County
- Southern Shores
Need a surety bond for a construction project in North Carolina?
North Carolina contractor bonds are required for licensing compliance. If you need a surety bond before you can begin work on an individual contracted project, you might need a bid bond, payment bond, performance bond, or other type of contract bond. If you work in states other than North Carolina, we also offer contractor license bonds nationwide.
How do I update or change my contractor bond form?
If your licensing authority requires your bond documentation to be updated for any reason, contact your surety provider. If you purchased your bond from SuretyBonds.com, email [email protected] to explain the needed change. The most common changes requested are the contractor/construction company's name, address, or license type.
How do I renew my contractor surety bond?
You must renew your North Carolina surety bond before its current term expires to maintain your active contractor license with your licensing authority. If SuretyBonds.com manages your contractor bond, we'll email you renewal instructions after you pay your renewal invoice.
How do I become a licensed contractor in North Carolina?
License application instructions vary depending on your license classification and the agency that regulates it. If you need a contractor license to work in a particular city or county, contact your local government agency to verify their license application and bond amount requirements.