Who needs a contractor license bond in Dakota Dunes, South Dakota?
Various contractors working in Dakota Dunes need to post a surety bond as part of the local licensing process. The contractor types and associated bond amounts are as follows:
- Building contractors: $10,000 bond
- Plumbing contractors: $5,000 bond
- Contractors working on public utilities: $5,000 bond
- Right-of-way contractors: Bond amount determined by the District of Dakota Dunes according to work performed
Other requirements vary by contractor type and are listed in full in the Dakota Dunes ordinances.
If you’re not sure if this bond applies to you, give us a call at (888) 435-4191 and one of our agents will be more than happy to help. You can also check out our page on South Dakota contractor license bonds for state-specific information.
Get Your Dakota Dunes Contractor Bond:
How do contractor bonds work?
A contractor license bond guarantees that clients receive quality work from hired contractors. By signing the bond agreement, contractors agree to work by the standards and regulations of their obligee (District of Dakota Dunes).
Clients may file a claim if a contractor breaks their surety contract. The surety will initially pay out a claim if approved, but contractors are ultimately responsible for paying the surety back in full for all associated costs.
You will pay a premium, or a percentage of the bond amount, to acquire your bond. ZipBonds can often get you bonded immediately, and premiums start as low as $100 a year.
Frequently Asked Questions
Your initial bond will typically last for the calendar year you post it. You must then renew your bond each consecutive year for the duration of your project. Keep your bond updated to avoid fines and compliance issues in your location.
The bond amount is the highest dollar value a client can receive from a bonded contractor. However, if work-related damages exceed that amount, clients may seek other forms of compensation. As a contractor, you can typically avoid claims by performing your work with excellence and communicating well with clients.
Apply for Your Contractor Bond in Dakota Dunes, SD
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.