All commercial contractors and registered subcontractors, including electrical contractors performing commercial work. Required when: Required to obtain or renew a commercial contractor license or subcontractor registration. Exemptions: Residential contractors (except roofing) and projects where the total cost (labor …
Overview
What it is.
All commercial contractors and registered subcontractors, including electrical contractors performing commercial work. Required when: Required to obtain or renew a commercial contractor license or subcontractor registration. Exemptions: Residential contractors (except roofing) and projects where the total cost (labor …
Who usually needs it
All commercial contractors and registered subcontractors, including electrical contractors performing commercial work.
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.
StateARBond amount$10,000Term lengthContinuousObligeeArkansas Contractors Licensing BoardRenewalThe bond is continuous until cancelled; no continuation certificate is required for renewal, but the bond must remain in effect for the license to be valid.Bond classLicense BondCategoryConstructionBondContractor's BondStatutory referenceA.C.A. § 17-25-401JurisdictionState
