One of the most critical factors in being a successful general contractor is your understanding of the specific requirements needed for each job. It is not just recognizing the required skills and selecting the subcontractors who will get the work done correctly, but it also involves the state requirements for bonding.
Each state has different rules and regulations surrounding contractor licensing and the license bonds that go with the process. To make it easier to ensure you’re getting the right contractor bond for your next job, here is a state-by-state guide to bond thresholds for general contractors.
Download the Free State-by-State Guide
Our good friends at JW Surety have helped us put together a guide that’s essential reading for all general contractors that work on public jobs in any state. Simply click below do download the guide.
Understanding business value thresholds and bonding requirements are part of operating as a general contractor in nearly all states. Be sure to recognize what your state needs as part of the licensing process, and know what you must have in place for a general contractor bond before taking on your next project.