Cement contractors and cement workers who conduct concrete work in or upon the streets, alleys, public places, or ways within the City of Memphis, Tennessee are required to obtain this bond. The bond guarantees that workers will faithfully observe the rules and regulations of the City of Memphis regarding all cement work and ensures compliance with contract…
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateTNBond amount$15,000ObligeeCity of Memphis, TennesseeBond classLicense BondCategoryOtherBondCement Worker's Bond - City of Memphis, TennesseePlain descriptionCement Contractor - Compliance OnlyWho needs this bondCement contractors and cement workers who conduct concrete work in or upon the streets, alleys, public places, or ways within the City of Memphis, Tennessee are required to obtain this bond. The bond guarantees that wor…
