Minnesota - Technology System Contractor
Flat Rate & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $25,000 | 1 Year | $125 |
Technology system contractors installing applicable low-voltage security, communications and related systems in Minnesota must meet state licensing and bonding requirements. The $25,000 technology system contractor bond helps ensure contractors comply with applicable technical and safety standards and provides financial protection for covered violations.
Cost of the Minnesota Technology System Contractor Bond
The cost of the $25,000 Minnesota technology system contractor bond is $125 for a one-year bond term with NNA Surety. Secure this surety bond today.
How the Minnesota Technology System Contractor Bond Works
The Minnesota technology system contractor bond helps protect clients by holding contractors financially accountable for complying with applicable technical and safety requirements and obligations covered by the bond.
The bond involves three parties:
- Principal: Technology system contractor
- Obligee: State of Minnesota
- Surety: Bonding company
A claim against the bond may be filed when a contractor fails to meet an obligation covered by the bond, including covered noncompliant installations. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Minnesota Technology System Contractor Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $125 bond premium.
- Receive the bond form via email.
- Download and file the bond as required for your Minnesota technology system contractor license.
Learn more about your Minnesota surety bond options across the state.
Get Your Minnesota Technology System Contractor Bond
Ready to meet your Minnesota technology system contractor bonding requirements? Complete this form or call 855-457-2196 to get bonded.