Who needs a contractor bond in Cambridge, Massachusetts?
Various contractors working in right-of-way, residential, and commercial construction may need a contractor license bond in Cambridge, Massachusetts. Local licensing and bonding ordinances can apply to drain laying contractors, building moving contractors, electrical contractors, and other types of contractors.
In addition to city laws, contractors must follow county and state-level regulations. Several governing entities are in-effect in this area. Out-of-state contractors working in Cambridge may also need a Massachusetts contractor license bond.
Get Your Cambridge Contractor Bond:
How does a contractor license bond work?
Cambridge contractor license bonds are agreements that benefit clients and the greater public. They guarantee a contactor’s compliance with all pertinent city codes. If a contractor breaks their bond contract, any party that suffers damages can file a claim for their losses.
Before becoming licensed by the City of Cambridge Department of Licenses and Permits, contractors must apply to an authorized and trusted surety provider. Once they’ve secured their bond, they can submit their complete license application to the municipality for approval. Generally, a contractor’s license is valid for one year and then must be renewed annually by the date of issuance (or the license will expire). The same goes for contractor bonds.
To get your Cambridge contractor bond, you’ll pay a small premium. ZipBonds often issues these bonds instantly for just $100.
Apply for Your Contractor Bond in Cambridge, MA
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.