Monticello Electrical Contractor Bond

What it is & who requires it

Electrical contractors — any individual, firm, or corporation doing electrical business in the City of Monticello — who must execute and deliver a surety bond to the city in the sum of ten thousand dollars as a condition of doing electrical work.

Obligee: City of Monticello. Citation: Monticello Code of Ordinances ch. 7 (Building).

Bond amount

The required bond amount is $10,000.

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.

Get Your Bond Online Call 317-942-0549

Term & renewal

Term: Continuous; maintained while doing electrical contracting business in the city.

Renewal: Annual, aligned to the city contractor license.

Filing

Filed with the City of Monticello — executed and delivered to the city — by any individual, firm, or corporation doing electrical business in the city. Required under Monticello Code of Ordinances ch. 7 (Building). It is continuous and renews annually with the city license.

Source

Verified against the obligee source (last checked 2026-06-12).

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Frequently asked questions

Who requires the Monticello Electrical Contractor Bond?
It’s required by City of Monticello (Monticello Code of Ordinances ch. 7 (Building)). Electrical contractors — any individual, firm, or corporation doing electrical business in the City of Monticello — who must execute and deliver a surety bond to the city in the sum of ten thousand dollars as a condition of doing electrical work.
How much is the Monticello Electrical Contractor Bond?
The bond amount is $10,000.
How do I get the Monticello Electrical Contractor 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?
Continuous; maintained while doing electrical contracting business in the city. Renewal: Annual, aligned to the city contractor license.
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?
We verify it against the obligee’s primary source (last checked 2026-06-12); the source link is on this page.

Get your bond online

Get Your Bond Online