Any individual or business entity applying for or renewing a contractor's license in Nevada, including those in the C-31 Wrecking (demolition) classification. Required when: Required as a condition for the issuance, reinstatement, or renewal of a contractor's license. Exemptions: An applicant may establish a cash depo…
Overview
What it is.
Any individual or business entity applying for or renewing a contractor's license in Nevada, including those in the C-31 Wrecking (demolition) classification. Required when: Required as a condition for the issuance, reinstatement, or renewal of a contractor's license. Exemptions: An applicant may establish a cash depo…
Who usually needs it
Any individual or business entity applying for or renewing a contractor's license in Nevada, including those in the C-31 Wrecking (demolition) classification.
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.
StateNVBond amountThe Nevada State Contractors Board determines the bond amount at the time of li…Term lengthContinuousObligeeNevada State Contractors BoardRenewalThe bond must be maintained in full force without lapse as long as the license is active. Evidence of the bond's validity is required for the biennial license renewal process.Bond classLicense BondCategoryConstructionBondContractor's License BondStatutory referenceNRS 624.270JurisdictionState