Oklahoma Contractor License Bonds - Plumbing, Electrical, Mechanical and Other
Oklahoma Contractor Bond - Mechanical, Electrical, Plumbing and Other Information
A Contractor License Bond is a type of surety bond required in Oklahoma for those who have applied for or been granted a mechanical, electrical, plumbing or other type of contractor. The contractor license bond is issued to the State of Oklahoma Construction Industries Board. The bonds are issued in a coverage amount of $5,000 and ensure faithful compliance with the provisions of Oklahoma law, along with adherence to the rules and regulations governing the Construction Industries Board as licensing authority. Certain cities, counties and other local authorities in Oklahoma including Del City, Enid, Midwest City Oklahoma City, Tulsa have separate permit or licensing surety bond requirements.
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 License Bond Cost in Oklahoma?
Most Common Bonds
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