Residential and General Contractor applicants (specifically Residential Basic, Residential Light Commercial, and General Contractor Limited Tier) who do not meet the minimum net worth requirement of $25,000. Required when: Application for or renewal of a contractor license when the applicant chooses to provide a bond …
Overview
What it is.
Residential and General Contractor applicants (specifically Residential Basic, Residential Light Commercial, and General Contractor Limited Tier) who do not meet the minimum net worth requirement of $25,000. Required when: Application for or renewal of a contractor license when the applicant chooses to provide a bond …
Who usually needs it
Residential and General Contractor applicants (specifically Residential Basic, Residential Light Commercial, and General Contractor Limited Tier) who do not meet the minimum net worth requirement of $25,000.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger 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. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…
Typical timeframe
Credit-based approval — varies by bond type
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.
StateGABond amount$25,000Term lengthContinuousObligeeGeorgia State Licensing Board for Residential and General ContractorsRenewalThe bond must be maintained and proof of financial responsibility provided during the biennial license renewal process.Bond classMiscellaneous CommercialCategoryConstructionBondSurety BondStatutory referenceO.C.G.A. § 43-41-6JurisdictionState
