Who needs a contractor license bond in Cabarrus County, North Carolina?
All building contractors working in Cabarrus County must obtain a permit before beginning work. Contractors must pay permit fees at the time of application unless a performance security bond is posted. In the latter case, the Public Safety Services Department bills the contractor applicant for the permit.
Bond and permit fees are set on a case-by-case basis. Building contractors must submit plans and specifications of their proposed work along with the permit application to the Public Safety Services Department. Multiple inspections may be necessary while building work is being performed.
Complete building contractor requirements are listed in Chapter 14 of the Cabarrus County Code of Ordinances.
Need help? Give us a call at (888) 435-4191 and a ZipBonds agent will be glad to help you through the bonding process. You can also see our page on contractor license bonds in North Carolina for state-specific information.
Get Your Cabarrus County Contractor License Bond:
How does a contractor license bond work?
A contractor license bond guarantees that contractors fulfill all obligations to clients. By signing the bond, contractors agree to follow the standards and regulations of the obligee (Cabarrus County).
Clients can file a claim for damages if a contractor’s work fails to meet any part of the bond agreement. The surety initially pays out approved claims, but contractors must ultimately pay back these claims in full, up to the total bond amount.
To acquire your bond, you’ll pay a premium, a small percentage of the penal sum. ZipBonds can instantly issue contractor license bonds to contractors for as low as $100.
Frequently Asked Questions
Contractor license bonds often have one-year terms. The renewal date for your bond will be listed on the bond form. You must renew your bond before the expiration date and keep your license/permit up to date to remain in good standing.
Most often, you will only need one contractor license bond. Be sure to read your municipality’s requirements to ensure you’re following all applicable rules in your local area.
Apply for Your Contractor Bond in Cabarrus County, NC
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.