The Indianapolis contractors and permit bond is a $10,000 surety bond required of licensed contractors who wish to perform work within the city limits.
The bond’s obligee (the entity requiring this bond) is the Consolidated City of Indianapolis.
AmeriPro Surety Bonds offers this bond as an instant issue bond.
An instant issue bond is one in which there is no credit check and no substantial underwriting procedures are involved.
In this case, the Indianapolis contractor and permit bond is issued to you immediately by doing the following:
Once issued, the bond will be mailed by the same or the following business day. Also, options exist to have the bond sent overnight for an extra fee.
After issuance, the Indianapolis contractor and permit bond is active for one year, thereafter the bond is renewed.
Our agency also offers the option to purchase and prepay this surety bond for 2 or 3 years. This will offer you a savings vis-a-vis annual renewal of the bond.
Your contractors permit surety bond is a protection for the consumer public.
More specifically, the bond is a financial guarantee which ensures your compliance with all rules, regulations, and amendments relating to contracting within Indianapolis.
The bond therefore protects consumers against breach of contracting duties.
Our agency offers surety bond throughout Indiana. We offer license and permit, court, and fiduciary bonds as well as providing bonding nationwide.
Please call our agency today at:
Or, you may fill out the form below to be contacted by an agent.