How much does a $10,000 landscape contractor bond in North Carolina cost?
North Carolina landscape contractor surety bonds are instantly issued for $100. Simply click Buy Now to purchase your bond online using our secure bond checkout. In just a few minutes you can be on your way to getting bonded as a landscape contractor in North Carolina.
|Bond Type||Bond Amount||Cost|
|$10,000 Landscape Contractor Bond||$10,000||$100|
Why do I need this bond?
The North Carolina Landscape Contractors’ Licensing Board requires that all applicants wishing to receive their license as a landscape contractor must submit a $10,000 surety bond.
The bond is in place to ensure that all licensed landscape contractors abide by all rules and regulations set forth by chapter 89D of the North Carolina General Statutes, including rules adopted up to a year after the work has been completed. In the event that a contractor fails to fulfill all of his or her duties and is found to be responsible for any loss or damage, the situation must be remedied within 30 days of the work’s completion. If the contractor fails to act within the allotted time, then a claim of up to $10,000 may be made. If it is determined that the claim is legitimate, the surety company will pay out up to the $10,000 amount. After the claim has been settled, the surety will then look to the contractor to reimburse them for all money paid out to settle the claim.
What’s the fine print?
This bond remains continuous and in full force and effect until canceled. It must also be renewed annually for as long as the contractor wishes to maintain their license. The surety may cancel the bond by giving notice to the North Carolina Landscape Contractors’ Licensing Board 30 days prior to the intended cancellation date.
How to become a landscape contractor in North Carolina
Posting a surety bond is just one step in the licensing process for landscape contractors. There are several additional requirements that must be met to be considered for a license:
- Minimum 18 years of age
- Possess good moral character as determined by Board
- Provide evidence of business identification
- Pass licensing examination set by Board
- Pay all fees
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