Every person who makes contracts for the construction, erection, alteration, repair, removal or demolition of any building or structure Required when: Obtaining a permit for demolition or other listed activities in a jurisdiction that has adopted the section Exemptions: Nonprofit housing ministries that, through volun…
Overview
What it is.
Every person who makes contracts for the construction, erection, alteration, repair, removal or demolition of any building or structure Required when: Obtaining a permit for demolition or other listed activities in a jurisdiction that has adopted the section Exemptions: Nonprofit housing ministries that, through volun…
Who usually needs it
Every person who makes contracts for the construction, erection, alteration, repair, removal or demolition of any building or structure
Pricing & timing
What to expect.
Generic pricing
Permit bonds are required for specific activities, construction projects, or business operations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger permit 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. Many common permit bonds qualify for instant approval with no underwriting required. Requirements vary by j…
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.
StateTNBond amount$10,000 for building permits under $25,000; $50,000 for building permits of $25…Term lengthContinuousObligeeDepartment of Codes Administration or other appropriate department of the municipality or countyRenewalThe bond is continuous and may not be cancelled without at least a ten-day prior notice in writing to the director of codes administration or other appropriate director.Bond classPermit BondCategoryOtherBondpermit bondStatutory referenceTenn. Code Ann. § 62-6-137JurisdictionState