Who needs a contractor license bond in Lowell?
Most residential and commercial contractors need a contractor license bond to work in Lowell, Massachusetts. Trades such as general contractors, electrical contractors, and plumbing contractors may not perform work legally without securing this bond.
Before starting a project in the area, contractors should check with the governing entity – in this case, the City of Lowell Building Department – to understand all city, county, and state licensing and bonding requirements. Some contractors may need Massachusetts contractor license bonds or various construction bonds.
Get Your Lowell Contractor License Bond:
How does a contractor license bond work?
Contractor license bonds are agreements between the contractor, municipal government (City of Lowell), and a third-party financial institution (surety). The bond agreement protects the public and government from damages that can result from construction projects if a contractor fails to follow local building codes.
The City of Lowell requires a $5,000 bond as part of the contractor licensing process. Generally, contractor licenses and bonds are issued for one-year terms and must be renewed annually before the expiration date – first the bond with the surety, then the license with the municipality.
How to Secure Your Contractor Bond
You can purchase a contractor license bond with ZipBonds for as low as $100. We don’t even need to pull your credit! Speak with a ZipBonds agent today by calling (888) 435-4191 or apply for your bond on our website.
Apply for Your Contractor Bond in Lowell, 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.