Contractor License Bonds (Out-of-State Contractors)
Iowa Contractor License Bond Information
Contractor License Bonds are required in Iowa for Out-of-State Contractors in the amount of $25,000. Additionally, several cities and counties require contractors to secure bonds for local projects like street, sewer, sidewalk general building, mechanical, plumbing and other types of work. Local jurisdictions requiring contractor bonds include Bettendorf, Cedar Rapids, Davenport, Des Moines, Eldridge, Marshalltown, Polk County, and Sioux City.
See our Spotlight article for more on Contractor License Bonds. If this bond is for a job that you are bidding or a contract that has been awarded to you, the surety bond you need is a Contract/Construction Bond rather than a Contractor License Bond.
How Much Does a Contractor Bond Cost in Iowa?
Bonds up to $25,000
1-Year Bond Starts at $100.00
1% of the Bond Amount
2-Year Bond Starts at $175.00
1.75% of the Bond Amount