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How Much Does a Georgia Contractor License Bond Cost?
A Georgia contractor license bond can cost as low as $250. The state requires all contractors to obtain a surety bond of $25,000. While the bond itself is high, you only have to pay a fraction of that amount.
Typically, having a good credit score means you can pay between 1% and 3% of the bond amount. Other factors like liquidity, assets, and professional experience can also affect your premium price.
Georgia also sets different bond amounts for nonresidents. These bonds can range from $1,000 to $100,000, depending on the scope of the project. Additionally, certain cities or counties may require additional bonding. For example, the City of Smyrna requires contractors to have a $15,000 bond. Here’s a table illustrating how the premium changes based on your credit score.
|
Surety Bond Cost Based on Credit Score |
||||
|
Surety Bond Name |
Surety Bond Amount |
Over 700 |
Between 600 - 699 |
Below 599 |
|
Georgia Contractor License Bond |
$25,000 |
$250 - $750 |
$750 - $1,250 |
$1,250 - $2,500 |
How to Get a Contractor License Bond in Georgia
1. Apply for Your Bond Online
Applying for a contractor license bond doesn’t have to be a hassle. Our online form makes it quick and easy to get bonded. Also, while Georgia has only one statewide bond requirement, some cities and counties require additional bonding before you can start any projects.
We recently helped a contractor based in Atlanta get a bond for the city of Augusta. Despite his experience, he found the licensing process for Augusta to be confusing and challenging. We assisted him with getting his bond so that he could start on the project immediately. Thanks to our help, he was able to move through the licensing process faster and with fewer hassles.
2. Get a Bond Quote
Usually, we can provide a quote quickly. However, in some more difficult cases, you may have to wait up to 24 or 48 hours to receive your quote. We always guarantee you get the best quote at the lowest rate possible.
3. Pay the Bond Premium
Once you pay the premium, we’ll email your bond. In case you require a hard copy, we can mail it to you if requested. Bonds are usually valid for up to one year, but that can depend on the obligee's requirement.
Apply for a free no-obligations quote on your contractor license bond!
Contractor License Bond Requirements in Georgia
Georgia Code Statute 43-41 mandates a $25,000 surety bond for licensing residential or general contractors. Even if you have a state-issued bond, you may need additional bonds for specific cities or counties. Ensure you verify requirements with each city before starting a project to avoid potential fines and legal issues.
Here’s a breakdown of the different bond requirements across Georgia and their minimum premium amounts.
|
Surety Bond |
Bond Amount |
Premium |
|
$25,000 |
From $250 |
|
|
$1,000 - $100,000 |
From $100 |
|
|
Department of Revenue NonResident Subcontractor Sales and Use Tax Bond |
$1,000 - $100,000 |
From $100 |
|
Department of Natural Resources Pump Contractor Performance Bond |
$20,000 |
From $200 |
|
Department of Natural Resources Water Well Contractors and Drillers Performance Bond |
$30,000 |
From $200 |
|
Augusta/Richmond County Contractor Bond |
$5,000 |
From $100 |
|
Augusta/Richmond County Contractor Bond |
$10,000 |
From $100 |
|
Augusta/Richmond County Contractor Bond |
$10,000 |
From $100 |
|
Bibb County Contractor Bond |
$1,000 - $25,000 |
From $250 |
|
City of Douglasville Residential Contractor Bond |
$1,000 - $25,000 |
From $100 |
|
$25,000 |
From $250 |
|
|
$10,000 |
From $100 |
|
|
$1,000 - $20,000 |
From $100 |
|
|
$1,000 - $20,000 |
From $100 |
|
|
City of Lincolnton Contractor Bond |
$15,000 |
From $100 |
|
City of Lilburn Contractor Bond |
$25,000 |
From $250 |
|
City of Kennesaw Contractor Bond |
$10,000 |
From $100 |
|
City of Smyrna Contractor Bond |
$15,000 |
From $150 |
|
City of Thomson Contractor Bond |
$5,000 |
From $100 |
|
$1,000 - $25,000 |
From $100 |
|
|
Lincoln County Contractor Bond |
$15,000 |
From $150 |
|
$1,000 - $5,000 |
From $100 |
|
|
Monroe County Septic Contractor Bond |
$10,000 |
From $100 |
|
Newton County Residential Maintenance Bond |
$1,000 - $100,000 |
From $100 |
|
Columbia County Contractor Bond |
$1,000 - $20,000 |
From $100 |
|
$3,000 |
From $100 |
|
|
$1,000 - $50,000 |
From $100 |
|
|
Coweta County Landscape Establishment Bond |
$1,000 - $100,000 |
From $100 |
|
Effingham County Completion Bond |
$1,000 - $25,000 |
From $100 |
|
$5,000 - $150,000 |
From $100 |
How to Get Your Georgia Contractor License
Before you can get bonded, you must know how to get your Georgia contractor license. The process is relatively simple, but it varies based on the type of contractor license you’re getting.
For example, to become a general contractor, you must submit:
- The completed, signed, and notarized application form with the fee.
- Bankruptcy Documents (if applicable)
- Worker’s Compensation Insurance (if applicable)
- General Liability Insurance
- Employment Affidavit
- Net Worth Affirmation or Financial Documents
- Disciplinary Action Statements (if applicable)
- Official College Transcript/Diploma/Certificate
- NASCLA Transcripts (if already taken)
- Projects and Previous Experience
- Secure & Verifiable Documents (affidavit of citizenship or immigration documents)
- Approved for Exam Paperwork
Once your checklist is completed, please create an account and upload all documents through the Professional Licensing Portal.
To file by mail, send all documents to:
Georgia Board of Residential and General Contractors
237 Coliseum Drive
Macon, Georgia 31217
Learn more about the Georgia contractor license requirements and application process from the State Licensing Board for Residential and General Contractor.
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What Our Clients Have To Say?
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!
Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!
