Louisiana Contractor License Bond
What it is & who requires it
Louisiana contractors (commercial, residential, or home-improvement) licensed by the State Licensing Board for Contractors who cannot demonstrate the net worth required for their classification, and who instead post a surety bond (or irrevocable letter of credit) equal to the net-worth requirement plus any negative net worth. Because the bond is a co-equal alternative to net worth, it is carried LISTED.
Obligee: Louisiana State Licensing Board for Contractors. Citation: La. R.S. 37:2150 et seq. (esp. 37:2156.1); LAC Title 46:XXIX (LSLBC net-worth / security rule).
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 while the license is maintained, when a bond is posted in lieu of demonstrating the required net worth.
Renewal: Maintained with the license, when the bond/security path is used.
Filing
A contractor who cannot show the net worth required for their license classification can meet the requirement instead by filing a surety bond (or an irrevocable letter of credit) with the Louisiana State Licensing Board for Contractors; a contractor who shows sufficient net worth needs no bond. Because the bond is a co-equal alternative to demonstrating net worth, it is listed and the exact amount is confirmed when you apply. Authority: La. R.S. 37:2150 et seq.; LAC Title 46:XXIX.
Source
This bond requirement is corroborated by multiple public sources; Louisiana State Licensing Board for Contractors sets the exact amount, which we confirm when you start your bond.
Related Louisiana bonds
Frequently asked questions
- Who requires the Louisiana Contractor License Bond?
- It’s required by Louisiana State Licensing Board for Contractors (La. R.S. 37:2150 et seq. (esp. 37:2156.1); LAC Title 46:XXIX (LSLBC net-worth / security rule)). Louisiana contractors (commercial, residential, or home-improvement) licensed by the State Licensing Board for Contractors who cannot demonstrate the net worth required for their classification, and who instead post a surety bond (or irrevocable letter of credit) equal to the net-worth requirement plus any negative net worth. Because the bond is a co-equal alternative to net worth, it is carried LISTED.
- How much is the Louisiana 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 Louisiana 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 while the license is maintained, when a bond is posted in lieu of demonstrating the required net worth. Renewal: Maintained with the license, when the bond/security path is used.
- 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.