Any seller (telephone soliciting business) engaging in telephone solicitation or sales in Utah. Required when: Engaging in telephone solicitation or sales that originate in Utah, are received in Utah, or involve business operations in Utah. Exemptions: Exemptions are listed in Utah Code § 13-26-4 and include licensed …
Overview
What it is.
Any seller (telephone soliciting business) engaging in telephone solicitation or sales in Utah. Required when: Engaging in telephone solicitation or sales that originate in Utah, are received in Utah, or involve business operations in Utah. Exemptions: Exemptions are listed in Utah Code § 13-26-4 and include licensed …
Who usually needs it
Any seller (telephone soliciting business) engaging in telephone solicitation or sales in Utah.
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.
StateUTBond amount$25,000 if the seller has fewer than 10 employees and no violations of the Tele…Term lengthContinuousObligeeUtah Division of Consumer ProtectionRenewalThe bond must be maintained as long as the business is registered and for one year after the seller notifies the Division in writing that it has ceased all activities regulated by the chapter. Registration must be renew…Bond classPerformance BondCategoryReal EstateBondPerformance BondStatutory referenceUtah Code § 13-26-3JurisdictionState
