Licensed plumbing contractors in Minnesota who install building water and sewer piping (excluding subsurface sewage treatment systems) must obtain this bond. This includes master plumbers, restricted master plumbers, journeyworker plumbers, and restricted journeyworker plumbers performing building sewer or water service installations as part of their plumbi…
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.
StateMNBond amount$10,000ObligeeCity of Rochester, MinnesotaBond classPerformance BondCategoryOtherBondSewer & Drain Performance BondPlain descriptionSewer Contractor - Compliance OnlyWho needs this bondLicensed plumbing contractors in Minnesota who install building water and sewer piping (excluding subsurface sewage treatment systems) must obtain this bond. This includes master plumbers, restricted master plumbers, jo…
