This bond is required for professionals who install water wells in North Dakota. If you drill or install wells that provide water for homes, farms, or businesses, you need this $15,000 bond before you can legally work. It protects your customers and the state by guaranteeing you'll follow all water well installation r…
Overview
What it is.
This bond is required for professionals who install water wells in North Dakota. If you drill or install wells that provide water for homes, farms, or businesses, you need this $15,000 bond before you can legally work. It protects your customers and the state by guaranteeing you'll follow all water well installation r…
Who usually needs it
Certified water well contractors in North Dakota, including individuals, partnerships, associations, or corporations engaged in water well construction, installation of water well pumps and pitless units, or drilling of geothermal systems, are required to obtain this $15,000 bond as part of their state certification requirements to protect clients and ensur…
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.
StateNDBond amount$15,000ObligeeState of North DakotaBond classLicense BondCategoryConstructionBondNorth Dakota Water Well Installer BondJurisdictionStatePlain descriptionThis bond is required for professionals who install water wells in North Dakota. If you drill or install wells that provide water for homes, farms, or businesses, you need this $15,000 bond before you can legally work. …Who needs this bondCertified water well contractors in North Dakota, including individuals, partnerships, associations, or corporations engaged in water well construction, installation of water well pumps and pitless units, or drilling of…