Nevada Contractor Bond License Guide
Nevada 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 or are prorated for the bond term’s end date.
Why are contractor bonds required in Nevada?
Cities in the state of Nevada require contractors 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.
Contractors Board License Bond
Contractors must post a $1,000 - $500,000 surety bond for a one-year term to become licensed to work in the state of Nevada. The bond is currently underwritten, meaning a surety underwriter will check the applicant’s credit history to determine the cost. Workers looking to obtain a contractor license’s must submit the following requirements through their online application:
Fictitious Business name
Nevada city-specific contractor bonds
Many Nevada contractors are required to post a surety bond with the city they work in. More information on city and county-specific bond requirements can be found below.
City of Henderson Alarm Contractor License Bond
Contractors in the City of Henderson, Nevada must post a $10,000 contractor license bond. This bond can be purchased instantly online for $100 for a one-year term. A 25% multi-year discount is available for customers who purchase this bond for a multiple-year term upfront.
Visit SuretyBonds.com or call us at 1 (800) 308-4358 to talk to a representative to get started on securing your Nevada contractor bond today!
Search all contractor bonds in Nevada
Over the years, our bonding experts have put together the most comprehensive surety bond library. Most of our contractor bonds can be purchased instantly online in only a few minutes.
Use the list on the right below to browse all of our available contractor bonds in Nevada You can also try searching by bond amount, obligee, or bond name.