Contractors seeking to be licensed in specific Tennessee counties must obtain this contractor license bond as a condition of initial licensure and must maintain it in active and good standing status at all times to keep their license valid. The bond enforces state laws and encourages ethical contractor behavior by making contractors financially liable for d…
Pricing & timing
What to expect.
Generic pricing
Performance bonds guarantee that a contractor will complete a project according to the contract terms. Typical Pricing:. • Small contracts: Commonly around 1–5% of the contract value (one-time upfront premium). • Larger contracts: Rates generally scale lower as contract size increases. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. • Full underwriting required: Credit, financials, experience, and bon…
Typical timeframe
Full underwriting required — typically 3–5 business days
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 amountVaries by license type or projectObligeeHamilton County/Board of Commissioners/AgentsBond classPerformance BondCategoryOtherBondContractor's Surety and Performance BondPlain descriptionGeneral Contractor - Compliance OnlyWho needs this bondContractors seeking to be licensed in specific Tennessee counties must obtain this contractor license bond as a condition of initial licensure and must maintain it in active and good standing status at all times to keep…
