The Indianapolis Contractor Bond guarantees that licensed contractors will comply with city regulations in Chapter 875 of the Indianapolis Code of Ordinances and protects clients from faulty work or code violations. Bond amounts range from $5,000 to $30,000 depending on the contractor type, with general contractors re…
Overview
What it is.
The Indianapolis Contractor Bond guarantees that licensed contractors will comply with city regulations in Chapter 875 of the Indianapolis Code of Ordinances and protects clients from faulty work or code violations. Bond amounts range from $5,000 to $30,000 depending on the contractor type, with general contractors re…
Who usually needs it
Contractors performing construction, electrical, HVACR, sidewalk, or wrecking work within Indianapolis city limits (excluding Lawrence, Beech Grove, Speedway, and Southport). This includes general contractors, electrical contractors, heating and cooling contractors, sidewalk contractors, and wrecking contractors.
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.
StateINBond amount$5,000ObligeeCity of Indianapolis (Department of Business and Neighborhood Services)Bond classLicense BondCategoryConstructionCityIndianapolisBondIndianapolis Contractor BondPlain descriptionThe Indianapolis Contractor Bond guarantees that licensed contractors will comply with city regulations in Chapter 875 of the Indianapolis Code of Ordinances and protects clients from faulty work or code violations. Bon…Who needs this bondContractors performing construction, electrical, HVACR, sidewalk, or wrecking work within Indianapolis city limits (excluding Lawrence, Beech Grove, Speedway, and Southport). This includes general contractors, electrica…
FAQ
Common questions.
What bond amount do I need for my Indianapolis contractor license?
The bond amount depends on your contractor type: General contractors, electrical contractors, sidewalk contractors, and Wrecking Type C contractors need a $10,000 bond. HVACR (heating and cooling) contractors need a $5,000 bond. Wrecking Type B contractors need a $20,000 bond, and Wrecking Type A contractors need a $30,000 bond. All bonds are governed by Indianapolis Code of Ordinances Section 875-109.
How long is the Indianapolis Contractor Bond valid?
The Indianapolis Contractor Bond has a 2-year term and expires on December 31 of even-numbered years (such as December 31, 2026 or December 31, 2028). Continuous bonds are not accepted by the City of Indianapolis. You must renew your bond before it expires to maintain your contractor license.
Who needs an Indianapolis Contractor Bond?
Any contractor performing construction, electrical, HVACR, sidewalk, or wrecking work within Indianapolis city limits must obtain this bond as part of their licensing requirement. This applies to the Consolidated City of Indianapolis, excluding the municipalities of Lawrence, Beech Grove, Speedway, and Southport. The bond is issued to the City of Indianapolis Department of Business and Neighborhood Services.
