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Delaware Contractor License or Permit Bond

Delaware Contractor License or Permit Bond

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Who Requires the Contractor License or Permit Bond and Why Is It Needed?

Builder. Contractor License Bond for licensed contractors to ensure compliance with state or local regulations and statutes.

Contractors working in the state of Delaware may be subject to various surety bonding requirements in order to be properly authorized or licensed in the state. Non-resident contractors may need to furnish a bond in an amount of six percent (6%) of the contract. The purpose of this bond is to guarantee faithful reporting and payment of all State of Delaware liabilities together with any penalties and interest along with honest accounting for all money withheld as trustee for the State of Delaware. Certain cities and counties throughout the state of Delaware including Wilmington, Newark, and New Castle also have specific surety bond requirements to authorize work in the jurisdictions.

See our Spotlight article for more on Contractor License Bonds.

How Much Will My Surety Bond Cost?

Some Delaware Contractor License or Permit Bonds are offered completely online without a credit check or any paperwork. Surety Bonds Direct has access to the lowest bond prices available in the market for applicants with good credit and bad credit.

It only takes a couple minutes to provide us with the information required for a free, no-obligation quote. Or if you prefer, call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

What Does the Bond Protect Against?

The Non-resident contractors bond covers payment of certain liabilities to the State of Delaware Division of Revenue and the Department of Labor up to 6% of the contract amount.

List of Delaware surety bonds.

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