How Much Do Contractor License and Construction Surety Bonds Cost?
When you have to get your first surety bond to get licensed or for a construction project, it's confusing.
What is and why do you have to get a surety bond? And how much money is this going to cost you?
This short video will break down the average costs you can expect for contractor license bonds and for construction project surety bonds.
- 00:47 - What is a Contractor License Bond?
- 01:08 - Fixed Price License Bond Example Pricing
- 01:18 - Custom Priced License Bonds
- 02:10 - How Often Do You Pay For Your Bond?
- 03:03 - Construction Bond Price Examples
- 03:51 - Work the Price Into Project Bid or Change Order Price
- 04:25 - Contractor Bond Price Recaps
Learn what it means to be a bonded contractor along with the different types of contractor bonds. There are a lot to you'll have through your career.
What is a Performance Bond in Construction
Learn the role or performance bonds in construction projects. Learn what the bond is, why it's required, and how you can purchase yours and save money!
What Is A Bid Bond (Tender Guarantee) & How Does It Work?
Learn how a bid bond works for a construction project. Plus learn the other bonds you'll need to get approved for when you purchase your bid bond.
What is a Construction Payment Surety Bond?
If you're bidding on construction projects you will need payment bonds. Here's what a payment bond is and how you can get pre-approved for the bonds you need.
Learn the difference between a bid bond and a performance bond and how they work together and how you can start winning bids on projects.
What is a Construction Performance Bond?
Learn what and how a performance bond works in a construction project. Once you understand this we'll help you get pre-approved for a construction bond program.
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