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Contractor Bonds

Connecticut Contractor Bonds

Connecticut Contractor Bond License Guide

Connecticut requires contractors to obtain a contractor bond to become licensed. The amount for these bonds varies depending on the type of contractor, location, and project. Some of these bonds can be issued instantly online for a set premium, while others are prorated for the bond term’s end date.

Why are contractor bonds required in Connecticut?

Multiple counties and cities require contractors in Connecticut to post surety bonds prior to starting work. These bonds ensure the principal (contractor) will abide by all applicable rules and legislation outlining the classification-specific work, in addition to protecting consumers from damages caused by negligent or faulty work. Obligees (government entities requiring the bond) enforce the legal language on the bond form that places liability on the principal.

Affected contractors can file a claim against the surety bond; if found to have validity, the surety (the company that financially backs the bond) will pay the claim up to the bond’s full amount. However, the principal is required to reimburse the surety in full for any money paid out.

Home Improvement Contractor Bond

Home improvement contractors working in the state of Connecticut are required to post a $15,000 surety bond. The applicant’s credit history must be reviewed by a surety underwriter as the cost of the bond is currently underwritten. Along with the surety bond, contractors must also submit an application with a $220 fee.

Connecticut city-specific contractor bonds

Many Connecticut contractors are required to post a surety bond with the city or county they work in. More information on city and county-specific requirements can be found below.

City of Bristol Sidewalk, Driveway and Curb Contractor Bond

The City of Bristol requires contractors to post a $10,000 surety bond to become registered to work. The cost of the bond is currently a $100 premium with a one-year term. Contractors must also submit an application to become registered to work in the state.

Town of New Milford Right of Way Bond

Town of New Milford right of way contractors must post a surety bond ranging from $1,000-$20,000 for a one-year term. The cost of the bond is currently a $10 for every $1,000 with a $100 minimum. A 25% multi-year discount is available for customers who purchase this bond for a multiple-year term upfront. Along with the surety bond, contractors are required to submit a permit application to work within the Town of New Milford.

Town of West Hartford Uniform Public Right of Way Contractor Bond

A $10,000 surety bond is required of uniform contractors in the Town of West Hartford. The cost of the bond is currently $100 for a one-year term expiring December 31. The cost of the bond may be prorated based on the time remaining in the term. Along with the surety bond, contractors are required to submit an application with a Certificate of General Liability Insurance and a $50 annual license fee.

Visit SuretyBonds.com or call us at 1 (800) 308-4358 to talk to a representative to get started on securing your Connecticut bond today!