Buffalo WY Contractor License Bonds
Who needs contractor license bonds in Buffalo, Wyoming?
The following contractors and subcontractors must be licensed with the City of Buffalo and post a $5,000 surety bond. Public liability insurance requirements are also attached to each contractor/subcontractor type.
General Contractor (Class A)
- Per occurrence: $1,000,000
- Total aggregate: $2,000,000
Residential Contractor (Class B)
- Per occurrence: $500,000
- Total aggregate: $1,000,000
Subcontractor (Class C)
- Per occurrence: $300,000
- Total aggregate: $600,000
Specialty Contractor (Class D)
- Per occurrence: $500,000
- Total aggregate: $1,000,000
Tree trimmer
- Per occurrence: $300,000
- Total aggregate: $600,000
Contractors/subcontractors must also provide:
- Verification of good standing from Wyoming Workers Compensation and Unemployment Insurance Divisions (if you have any employees)
- Payment of annual fees ($50-$100 depending on contractor type)
Complete contractor/subcontractor requirements are listed in Chapter 5 of the Buffalo municipal code, beginning in Section 5.2.11.
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 Wyoming contractor license bonds for state-specific information.
Get Your Buffalo Contractor License Bond:
Frequently Asked Questions
What if a claim exceeds the bond amount?
The bond amount, also called the penal sum, is the maximum dollar value a client can seek from a bonded contractor. If damages exceed this amount, clients may seek alternative means of compensation.
How long will my bond cover my work?
The initial bond term will often last for the remainder of the calendar year in which you post the bond. You must then renew your bond annually for it to remain active (for the duration of your project). The bond renewal date will be listed on your bond form.
Apply for Your Contractor Bond in Buffalo, WY
ZipBonds offers the fastest and most secure option for getting bonded. Our all-digital platform is intuitive and straightforward. Apply online, email support@zipbonds.com or call (888) 435-4191 to speak with an agent directly.
About ZipBonds.com
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.