Montana Contractor License Bond

Complete Guide to becoming a Bonded Montana Contractor

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1. Start Your Application

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2. Receive Your Free Quote

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3. Buy Your Surety Bond

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How Much Does a Montana Contractor License Bond Cost?

The state of Montana only requires a contractor bond if you’re doing well water work within the state. As an individual contractor, the bond must be $4,000. If you have a contractor firm, the bond must be $10,000. A well water contractor bond can cost at least $100, depending on factors like your credit score. 

Other cities in Montana have their own contractor bond requirements. Before starting any work in the state, you should double-check whether you must get a bond first. For example, the city of Missoula requires that you need a $20,000 bond for excavation work, $10,000 for sidewalk and paving projects or $3,000 for gas fitting.

Premium costs are often around 1% to 3% of the total bond amount. Here’s a table breaking down different costs based on Montana contractor bond types and your credit score.

Surety Bond Cost Based on Credit Score

Surety Bond Name

Surety Bond Amount

Over 700

Between 600 - 699

Below 599

Montana Well Water Contractor Bond
(Individual)

$4,000

$100 - $120

$120 - $200

$200 - $400

Montana Well Water Contractor Bond (Corporation or Firm)

$10,000

$100 - $300

$300 - $500

$500 - $1000

How to Get a Contractor License Bond in Montana

Determine the Surety Bond You Need

To determine the Montana surety bond you need, consider factors such as your industry, location, and specific requirements set by the obligee (the party requiring the bond). Research the bond types available and their respective purposes. Consulting with a reputable surety bond provider or legal expert can also help ensure you obtain the appropriate bond for your needs.

We recently helped a contractor in Billings get bonded before they took on a sewer contract job. He wasn’t sure which bond was required or the cost, but we were able to help get the right bond at a fantastic rate. 

2. Submit a Bond Application

Lance Surety Bonds uses a simple online application to process your bond request. Just fill in some basic details about yourself, your business, and the type of bond you need. 

3. Get a Bond Quote

Typically, our bond premium quotes are fast, meaning you can pay your bond the same day. However, the quote may take up to 24 or 48 hours in some situations. We ensure that you’re getting the best quote possible. 

4. Pay the Bond Premium

Once you pay your bond premium, you can show proof of bonding to the obligee (e.g., the city requiring the bond). Most bonds are valid for 12 months, but it depends on the city and its licensing requirements.

If you have any questions about your Montana contractor license bond, contact us or call us at (877) 514-5146 to speak with our bonding experts.

Contractor License Bond Requirements in Montana

The State of Montana only requires a contractor bond if you’re doing water well work within the state. For other projects, only a handful of cities in Montana require contractor license bonds.

Here are the different bond requirements and amounts:

Surety Bond

Bond Amount

Premium

Montana Water Well Contractor Bond (Individual)

$4,000

From $100

Montana Water Well Contractor Bond (Firm or Corp)

$10,000

From $100

Missoula Contractor Bond
Gas Fitter Contractor

$3,000

From $100

Missoula Contractor Bond
Sidewalk, Curb, Paving Contractor

$10,000

From $100

Missoula Contractor Bond
Excavation Contractor

$20,000

From $200

City of Whitefish Sidewalk and Excavation Contractor Bond

$5,000

From $100

City of Big Timber Monument Setting Bond

$10,000

From $100

City of Columbus Monument Setting Bond

$10,000

From $100

Flathead County Road Work Permit Bond

$25,000

From $250

City of Billings Sewer Contractor Bond

$10,000

From $100

How to Get Your Montana Contractor License

One of the first steps to get your Montana contractor license is to determine which entity type you are. Independent contractors can work solo and be exempt from worker’s compensation insurance rules. If you have a business with employees or partners, you must register as a “construction contractor,” meaning you must have worker’s compensation insurance. 

As a construction contractor, you must submit documents and pay the processing fee. The state only requires a bond for water well contractor jobs, but you may need to get other bonds if you’re working in a city that requires it. 

The state of Montana also requires contractors to register with the Montana Department of Labor and Industry. Construction contractors must register to prove they abide by Montana Workers’ Compensation law. If you’re an independent contractor, you must apply for a waiver instead.

That said, cities like Missoula and Billings require contractors to be licensed and bonded before doing certain types of work. Make sure to check with each city before starting a job to avoid potential legal complications or fines. 


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About Us

Lance Surety Bonds
Lance Surety Bond Associates, Inc. is a Pennsylvania-based surety bond agency that offers bonding at competitive rates in all 50 states. Established in 2010, our company has grown to become one of the top online bond producers in the country. Working exclusively with A-rated and T-listed bonding companies gives us the confidence to offer a 100% money-back guarantee. read more

What Our Clients Have To Say?

Kimberlee Ables

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!

Andrew Poincot

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!

Margie Martinez

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!

Kimberlee Ables

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!

Andrew Poincot

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!

Margie Martinez

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!

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