Who needs a contractor license bond in New Albany, Mississippi?
According to the New Albany Code of Ordinances, contractors must obtain a surety bond to construct roads/streets and related infrastructure. The bond must last two years, and the City of Albany may require a third year if necessary. The Building Codes/Zoning Department sets the bond amount according to the cost of the proposed work.
Additionally, contractors performing tree trimming services (listed in Article V of these codes) must obtain a $5,000 bond to be approved for a permit.
Need any help? Call us at (888) 435-4191 to speak with an agent directly. You can also check out our page on contractor license bonds in Mississippi if you need state-specific information.
Get Your New Albany Contractor License Bond:
How does a contractor license bond work?
A contractor license bond holds contractors accountable for fulfilling all obligations outlined in their license and bond forms, including following the standards and regulations of the obligee (the City of New Albany). Clients can submit a claim for compensation if a contractor’s work is insufficient.
ZipBonds can offer contractor bonds for as low as $100. Due to the simple underwriting, we may also provide instant approval.
Frequently Asked Questions
In most cases, contractors are required to obtain one contractor license bond. The municipality that sets contractor requirements outlines everything you need to work within city or county limits. In some rare cases, you will need multiple local bonds or a local and state bond, which will be stated clearly in the municipal code.
The renewal date is listed on the bond form. The bond length for building contractors listed above will be 2-3 years. You must keep your bond and applicable license or permit up to date to remain in good standing as a contractor.
Apply for Your Contractor Bond in New Albany, MS
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email email@example.com 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.