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Delaware Nonresident Contractor Income Withholding Bond

This bond is required for construction contractors who don't live in Delaware but perform work in the state. Delaware requires it to ensure these out-of-state contractors properly withhold and pay income taxes from their employees' wages. If a contractor fails to withhold or pay the required taxes, the bond provides f…

Bond amountVaries by license type or project
State or jurisdictionDelaware
ObligeeState of Delaware

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

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2323 yearsHelping clients and agents
Overview

What it is.

This bond is required for construction contractors who don't live in Delaware but perform work in the state. Delaware requires it to ensure these out-of-state contractors properly withhold and pay income taxes from their employees' wages. If a contractor fails to withhold or pay the required taxes, the bond provides f…

Who usually needs it

Nonresident contractors and subcontractors without a permanent business presence in Delaware who undertake construction, alteration, repair, or improvement of real property on contracts valued at $20,000 or more (or aggregated to that amount in a calendar year) must obtain this bond to guarantee payment of state income taxes, withheld employee wage taxes, u…

Pricing & timing

What to expect.

Generic pricing

Tax bonds guarantee payment of taxes or compliance with tax regulations. Typical Pricing:. • Standard tax 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. • Credit check: Required for most tax bonds. Common types include sales tax bonds, fuel tax bonds, and cigarette/tobacco tax bonds. Quick approval is typical for applicants with good credit. Some tax bonds may price higher depending on the bond type and jurisdiction.

Your quote determines the actual premium.

Typical timeframe

Credit-based approval — typically 1–2 business days

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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