Contractor Bond Service AZ | NV

Contractors Must Be Licensed and Bonded

Check Out Our Comprehensive Contractor Bond Service

Every contractor licensed in the state of Arizona and Nevada is required to have a contractor’s bond. Contractors Exam Center offers a comprehensive contractor bond service. The bond can be in any an amount ranging from $1,000 to $500,000. The Nevada State Contractors Board will determine the amount of your contractor bond. The amount of your bond depends on the type of contractor’s license you’re requesting, your experience, the monetary limit granted by your license, as well as current, past or future financial responsibilities. The Contractor’s Board will also consider the character and credit rating of the contractor’s license bond applicant.

Once Bonded, Your Personal Comportment is Important

Once licensed and bonded, you personally are advised to not commit any violations which might be grounds for disciplinary action. Arrests and even traffic tickets can go directly against your license bond. Once that’s pulled, you’re out of business until you’ve made your restitution.

Your Contractor’s License Bond is a Contract

The surety company promises the state that the contractor will comply with all state regulations. If the contractor does not act within the conditions of state law, a claim can be filed against their contractor’s license bond with the surety company. Your employees, client homeowners, business people or any other person damaged by “willful and deliberate” violation of a construction contract, can file a claim against a surety company.

Your Bond Is NOT Insurance

Contractor bonds should not be confused with insurance policies. If a surety company pays out a claim, the contractor is still responsible for their obligations. The contractor must repay the surety company for losses incurred as a result of the contractor’s actions.

Nevada Bond Rates start at 3% of Bond Amount, based on credit, claims and experience.

arrow_orangeAt Contractor’s Exam Center, Inc., we offer some of the most competitive bonding rates around. You will find listed below detailed information and pricing on our contractor bond service.

arrow_orangeNevada Bond Rates start at 3% of Bond Amount, based on credit, claims and experience.

Arizona Bond Rates

Classification Annual Volume Bond Amount 1 yr. 2 yr. 3 yr.
Res. General Contractors
(B thru B-10) and Residential side of KB and KA
750,000 or less
750,000 or more
$ 9,000
$ 15,000
360
600
630
1050
900
1500
Res. Specialty Contractors
(R thru R-62) and residential side of CR
375,000 – less
375,000 or more
$ 4,250
$ 7,500
170
300
298
525
425
750
Com. General Contractor
(A thru A-19)
(B1 & B2) and Commercial side of KB and KA
150,000  or less
150,000 – 500,000
500,000 – 1,000,000
1,000,000 – 5,000,000
5,000,000 – 10,000,000
10,000,000 or more
$ 5,000
$ 15,000
$ 25,000
$ 50,000
$ 75,000
$ 100,000
75
150
250
500
750
1000
85
263
438
875
1313
1750
125
375
625
1250
1875
2500
Com. Specialty Contractors
(C thru C-79) and Commercial side of CR License
150,000  or less
150,000 – 500,000
500,000 – 1,000,000
1,000,000 – 5,000,000
5,000,000 – 10,000,000
10,000,000 or more
$ 2,500
$ 7,000
$ 17,500
$ 25,000
$ 37,500
$ 50,000
75
75
175
250
375
500
85
85
306
438
656
875
100
125
438
625
938
1250