Who needs a contractor bond in Colorado Springs?
In addition to Colorado’s statewide bonding requirement, Colorado Springs also requires the following contractors to obtain a license and a contractor license bond to operate in the local area:
The bond requirement, managed by the City Clerk’s Office, is $5,000 for each contractor.
Get Your Colorado Springs Contractor License Bond:
How does a Colorado Springs contractor license bond work?
According to the City Clerk, a contractor license bond serves as:
- A financial guarantee that you’ll observe all licensing rules
- A promise that you’ll pay any fines and penalties for violating any applicable rules
- A commitment that you will maintain any excavation work you complete for one year
- A pledge that you will pay for any charges the City of Colorado Springs may incur for work you perform
Contractors must pay a premium to obtain their bond, which is $100 for many applicants in Colorado Springs. Check out our page on contractor license bonds in Colorado for more information on how these bonds work.
Apply for Your Contractor Bond in Colorado Springs, CO
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email firstname.lastname@example.org or call 888.435.4191 to speak with an agent directly.
Founders Ryan Swalve and Zach Mefferd formed the vision for ZipBonds.com when they realized how overly complicated it was to help clients place surety. The frustration of being unable to incorporate the technology they’d used in other insurance-focused projects left them thinking “there has to be a better way.”
Fast forward a couple of years, and that better way is the impetus of everything we do at ZipBonds. We constantly look for innovative ways to improve the bonding process for our clients and agents. Our team comprises individuals who understand all angles of surety – for companies, agencies, and individuals. Incorporating everyone’s point of view to improve the process while simultaneously integrating cutting-edge technology is what sets our business apart.