Utah General Contractors License Bond
Quick Online Application
| Bond Amount Required | Bond Term | Annual Premium |
| $50,000 | 1 Year | $1,000 |
Utah general building contractors are licensed under the B100 classification to perform general building construction work. Contractors must meet Utah's financial responsibility requirements, which may include maintaining a license bond when required. For B100 contractors, the required bond amount is $50,000.
Cost of the Utah General Contractors License Bond
The cost of the $50,000 Utah general contractors license bond is $1,000 per one-year bond term with NNA Surety. Secure this surety bond today.
How the Utah General Contractors License Bond Works
Utah contractors must demonstrate financial responsibility as part of the licensing process. Depending on the contractor's circumstances, financial responsibility may be demonstrated through the process established by the state or through a surety bond when one is required.
The bond involves three parties:
- Principal: Utah general contractor
- Obligee: State of Utah
- Surety: Bonding company
A claim against the bond may be filed if the contractor violates applicable Utah contractor licensing laws, rules or other covered requirements. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Utah General Contractors License Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $1,000 bond premium.
- Receive the bond form via email.
- Download and file the bond as required for your Utah general contractor license.
Learn more about your Utah surety bond options across the state.
Get Your Utah General Contractors License Bond
Keep your Utah contractor licensing requirements on track with a $50,000 general contractors license bond. Complete this form or call 855-457-2196 to get bonded.