Contractor Bonds in Jackson, Wyoming

Jackson has updated its contractor bond requirements. Bond amounts now vary based on the type and scope of work being performed.

Current Bond Requirements:

• Minimum bond: $20,000
• Maximum bond: $250,000

The exact bond amount required depends on:

• Type of contractor license
• Size and value of projects
• Level of risk associated with the work

Contractors performing larger or higher-risk projects will typically need higher bond amounts. These updated requirements apply to all contractor license classifications in Jackson and reflect the town’s risk-based bonding structure.

You don’t pay the full bond amount, only a small percentage annually.

Typical Rates:

Rates are determined through underwriting based on personal credit, financial strength, and business experience.

• 1% – 5% of the bond amount per year

Example:

• $20,000 bond → ~$200 – $1,000/year
• $100,000 bond → ~$1,000 – $5,000/year
• $250,000 bond → ~$2,500 – $12,500/year

What Determines Your Rate:

• Personal credit score
• Business financials
• Contractor experience
• Bond history

Strong credit = lower rates

A Wyoming contractor bond involves three parties:

• Principal: You (the contractor)
• Obligee: Town of Jackson
• Surety: The company issuing the bond

If you fail to meet licensing requirements or cause financial harm:

• Someone may file a claim against your bond
• The surety may pay damages (up to the bond amount)
• You are responsible for reimbursing the surety

You likely need a bond if you are applying for a contractor license in Jackson. Bond requirements vary depending on your license classification and project scope.

How do I know which bond amount I need?

The required bond amount is based on your contractor license classification and the scope of work you perform, such as:

• General contractors (Class A) need a $250,000 bond.
• Building contractors (Class B) need a $250,000 bond.
• Building contractors restricted (Class BR) need a $100,000 bond.
• Residential contractors (Class C) need a $100,000 bond.
• All other contractors need a $20,000 bond.

The Town of Jackson will specify the exact amount during the licensing process.

Getting bonded is fast and simple with ZipBonds.

Step 1: Apply Online

Submit a short application in minutes.

Step 2: Get a Quote

We shop multiple sureties to find your best rate.

Step 3: Purchase Your Bond

Sign and pay online — often same day.

Step 4: Submit with Your License Application

File your bond with the Town of Jackson.

For full licensing requirements, see the official Required Documents for Contractor Licensing Submittal PDF. You can also review contractor licensing details here on the Town of Jackson, Wyoming official website.