City of Farmington Contractor License Bond
Flat Rate & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $10,000 | 1 Year | $100 |
Contractors seeking applicable licenses or permits in Farmington, Arkansas, must meet city licensing and bonding requirements. The $10,000 contractor license bond is required as part of the city's licensing and permitting process and helps provide financial assurance for obligations covered by the bond.
Cost of the City of Farmington AR Contractor License Bond
The cost of the $10,000 City of Farmington contractor license bond is $100 for a one-year bond term with NNA Surety. Secure this surety bond today.
How the Farmington Contractor License Bond Works
The Farmington contractor license bond provides financial assurance that contractors will fulfill applicable obligations associated with their municipal licenses or permits.
The bond involves three parties:
- Principal: Contractor
- Obligee: City of Farmington, Arkansas
- Surety: Bonding company
A claim against the bond may be filed when a contractor fails to meet an obligation covered by the bond. The principal is responsible for reimbursing the surety for valid covered claims paid.
How to Get the City of Farmington Contractor License Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $100 bond premium.
- Receive the bond form via email.
- Download and file the bond as required by the City of Farmington for your contractor license or permit.
Learn more about your Arkansas surety bond options across the state.
Get Your City of Farmington AR Contractor License Bond
Ready to meet your Farmington contractor bonding requirements? Complete this form or call 855-457-2196 to get bonded.