Mississippi – Clinton Contractor Bond
AmeriPro Surety Bonds | 844-589-9732
Clinton, Mississippi – Contractors
Contractors performing work in Clinton, Mississippi, are required to be licensed and bonded with the city with a $5000 surety bond.
Questions about whether your contracting specialty requires a surety bond should be first directed to the city of Clinton at 601-924-2256.
Meeting the surety bond requirement with our agency is the easiest party of your licensing process.
Qualifying and the Premium
The $5000 Clinton contractor bond will cost you just $100 annually. You are automatically approved for this surety bond. There is no credit check nor underwriter review.
We will not need an application from you, as such. Rather, we’ll ask you the name that you want on the contractor bond (i.e. company name), the address and phone number, and the your contracting specialty.
Thereafter, once the $100 premium is paid, our agency issues this bond to you immediately.
The original bond which we’ll sign as Surety and which you’ll sign as Principal will be sent to you by the following business day for filing with the city of Clinton.
Premium Payment Options
The $100 premium for the Clinton contracting bond is good for one year. Thereafter, your premium and the surety bond renew.
Our agency also offers you the ability to prepay your surety bond for up to 3 years, which lengthens the time between renewals and offers you a monetary savings.
The premium prepayment amount and savings are as follows:
- If prepaid for 2 years, the premium is $180, a $20 savings;
- If prepaid for 3 years, the premium is $260, a $40 savings.
Purpose Of Your Surety Bond Requirement
The purpose of the Clinton contractor bond is a financial guarantee for the city that you will perform all contracting work in accordance with any existing statutes and regulations or future amendments.
The protections afforded the city also extend to work performed by those whom you hire and who work “under” your license.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit bonds throughout Mississippi and nationwide.
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