Alabama General Contractor License Bond
What it is & who requires it
Alabama general contractors whose CPA financial statement does not substantiate the bid limit they request, who may furnish a surety bond to the Licensing Board for General Contractors to make up the shortfall. Because the bond is conditional (only when financials fall short) and sized to the individual deficit, it is carried LISTED.
Obligee: Alabama Licensing Board for General Contractors. Citation: Ala. Code § 34-8-2.
Bond amount
Set by the obligee — the exact amount is confirmed automatically when you start your bond in our portal, or call 317-942-0549.
How to get it
This bond issues online — get bonded through our portal, usually in a single sitting once you confirm the bond, amount, and obligee.
Term & renewal
Term: Held to support the requested bid-limit classification, when posted.
Renewal: With the license, when a bond is used to support the bid limit.
Filing
Alabama general contractors size their bid limit from a CPA financial statement; only if that statement falls short of the limit requested may you furnish a surety bond to the Licensing Board for General Contractors to cover the gap. Because the bond is conditional and sized to the individual shortfall, it is listed and the exact amount is confirmed when you apply. Authority: Ala. Code § 34-8-2.
Source
This bond requirement is corroborated by multiple public sources; Alabama Licensing Board for General Contractors sets the exact amount, which we confirm when you start your bond.
Related Alabama bonds
Frequently asked questions
- Who requires the Alabama General Contractor License Bond?
- It’s required by Alabama Licensing Board for General Contractors (Ala. Code § 34-8-2). Alabama general contractors whose CPA financial statement does not substantiate the bid limit they request, who may furnish a surety bond to the Licensing Board for General Contractors to make up the shortfall. Because the bond is conditional (only when financials fall short) and sized to the individual deficit, it is carried LISTED.
- How much is the Alabama General Contractor License Bond?
- Set by the obligee — the exact amount is confirmed automatically when you start your bond in our portal, or call 317-942-0549.
- How do I get the Alabama General Contractor License Bond?
- This bond issues online — get bonded through our portal, usually in a single sitting once you confirm the bond, amount, and obligee.
- What is the term?
- Held to support the requested bid-limit classification, when posted. Renewal: With the license, when a bond is used to support the bid limit.
- Is this bond insurance for me?
- No. It protects the obligee and the public — not you. If a valid claim is paid, you repay the surety.
- How is this requirement verified?
- This bond requirement is corroborated by multiple public sources. The obligee sets the exact amount, which we confirm automatically when you start your bond in the portal or with a producer.
