General Engineering (Class A), General Building (Class B), and Specialty (Class C) contractors when required by the Board as a condition of licensure. Required when: Required by the Contractors License Board during the application process or as a condition of maintaining an active license. Exemptions: Licensees may re…
Overview
What it is.
General Engineering (Class A), General Building (Class B), and Specialty (Class C) contractors when required by the Board as a condition of licensure. Required when: Required by the Contractors License Board during the application process or as a condition of maintaining an active license. Exemptions: Licensees may re…
Who usually needs it
General Engineering (Class A), General Building (Class B), and Specialty (Class C) contractors when required by the Board as a condition of licensure.
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.
StateHIBond amount$5,000Term lengthContinuousObligeeHawaii Department of Commerce and Consumer Affairs, Contractors License BoardRenewalThe bond is continuous in nature and remains in effect until cancelled. The surety must provide 30 days' written notice of cancellation to the Board. While the bond is continuous, the contractor's license must be renewe…Bond classLicense BondCategoryConstructionBondContractors License BondStatutory referenceHawaii Revised Statutes §444-16.5JurisdictionState
