Colorado – Denver General Contractor Bond |
AmeriPro Surety Bonds | 844-589-9732
General Contractor License – Denver County
The Community Planning and Development department for the city and county of Denver requires licensing of contractors. To perform work as a general contractor anywhere in Denver County, our agency provides you with the general contractor surety bond.
Amount – Qualifying – Premium
The Denver general contractor bond is a $50,000 surety bond required of general contractors along with meeting licensing requirements.
Qualifying for this surety bond is easy. There is neither a credit inquiry nor standard underwriting procedures for this bond.
After completion of a short surety bond application (which can be completed over the phone with an agent), and payment of the $500 premium, the general contractor bond is issued to you immediately.
Our agency can email you a copy of the bond after payment of the $500 premium. The original will follow in the mail by the same or the following business day.
Premium Payment Options
The Colorado general contractor bond is issued for a standard term of one year at $500. Thereafter, you must renew your premium or the bond will expire. Your surety bond may also be prepaid for up to 3 years. Prepayment options are as follows:
- The general contractor bond prepaid for 2 years is $900, a $100 savings;
- If prepaid for 3 years, this contractor bond is $1300 (a savings of $200).
The Purpose of Your Surety Bond Requirement
The general contractor bond serves as a financial guarantee which ensures your compliance with all general contracting rules and statutes; and any amendments or additions for Denver County as determined by the Department of Public Works.
As principal and obligor of this surety bond, you are must indemnify the surety for any claims paid against your surety, if such were to occur. However, the aggregate liability will not exceed the total of your surety bond, less any attorney or related fees.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, and fiduciary surety bonds throughout Colorado and nationwide.
Please call our agency today at:
Or, you may complete the form below and an agent will contact you…