Minnesota Elevator Contractor Bond
What it is & who requires it
Businesses licensed as elevator contractors or limited elevator contractors in Minnesota. One bond form serves both classes at the same penal sum, so the license class changes what you may install and not what you post. This line was not on either carrier list consulted for this state and is included because the department publishes the bond alongside the other twelve, on the same shelf and under the same master clause: elevator work is a construction trade licensed by the same division, bonded by the same section, and displaced from municipal bonding by the same in-lieu language. Insurance is required in addition to the bond under the following subdivision, so this is not an either-or.
Obligee: Minnesota Department of Labor and Industry (Construction Codes and Licensing Division). Citation: Minn. Stat. § 326B.164, subd. 8 (bond required — as a condition of licensing, each contractor shall give and maintain bond to the state in the penal sum of $25,000; the bond must comply with § 326B.0921); Minn. Stat. § 326B.164, subd. 9 (insurance required); Minn. Stat. § 326B.0921 (bond requirements — corporate surety, commissioner’s form, in lieu of all other license bonds to any political subdivision); Minn. R. ch. 1307 (elevators and related devices); DLI Elevator Contractor Surety Bond form (penal sum printed as TWENTY-FIVE THOUSAND DOLLARS ($25,000.00); covers both the elevator contractor and the limited elevator contractor).
Bond amount
The required bond amount is $25,000.
How to get it
This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.
Request a bond quote
Tell us about the bond and the project. A licensed producer follows up — these bonds are individually underwritten, so they are not issued instantly.
Term & renewal
Term: Continuous from the date of issue, cancellable by the surety only on 30 days’ written notice to the commissioner by certified mail, and required to be in force at all times the license is active.
Renewal: The bond is continuous rather than re-executed, and the penal sum is cumulative and aggregates every two years the bond remains in force.
Filing
Filed with the commissioner on the department’s Elevator Contractor Surety Bond form, which prints the penal sum in the AMOUNT box and in words and figures in the body, and which names both the elevator contractor and the limited elevator contractor in its condition clause. Corporate surety licensed in Minnesota; no cash or deposit alternative anywhere in the chapter. One defect on the face of the current form is recorded rather than smoothed over: the closing certification recites that the wording complies with the electrical contractor bond subdivision, which is not the authority for this bond — the authority is the elevator licensing section. It does not change the penal sum, which both sections state identically, and it does not appear to change what the surety answers for, since the operative condition clause is drawn correctly to elevator work; but a surety that reads the certification will ask, and the licensing unit should confirm the form before it is executed.
Source
Verified against the obligee source (last checked 2026-09-07).
Related Minnesota bonds
Frequently asked questions
- Who requires the Minnesota Elevator Contractor Bond?
- It’s required by Minnesota Department of Labor and Industry (Construction Codes and Licensing Division) (Minn. Stat. § 326B.164, subd. 8 (bond required — as a condition of licensing, each contractor shall give and maintain bond to the state in the penal sum of $25,000; the bond must comply with § 326B.0921); Minn. Stat. § 326B.164, subd. 9 (insurance required); Minn. Stat. § 326B.0921 (bond requirements — corporate surety, commissioner’s form, in lieu of all other license bonds to any political subdivision); Minn. R. ch. 1307 (elevators and related devices); DLI Elevator Contractor Surety Bond form (penal sum printed as TWENTY-FIVE THOUSAND DOLLARS ($25,000.00); covers both the elevator contractor and the limited elevator contractor)). Businesses licensed as elevator contractors or limited elevator contractors in Minnesota. One bond form serves both classes at the same penal sum, so the license class changes what you may install and not what you post. This line was not on either carrier list consulted for this state and is included because the department publishes the bond alongside the other twelve, on the same shelf and under the same master clause: elevator work is a construction trade licensed by the same division, bonded by the same section, and displaced from municipal bonding by the same in-lieu language. Insurance is required in addition to the bond under the following subdivision, so this is not an either-or.
- How much is the Minnesota Elevator Contractor Bond?
- The bond amount is $25,000.
- How do I get the Minnesota Elevator Contractor Bond?
- This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.
- What is the term?
- Continuous from the date of issue, cancellable by the surety only on 30 days’ written notice to the commissioner by certified mail, and required to be in force at all times the license is active. Renewal: The bond is continuous rather than re-executed, and the penal sum is cumulative and aggregates every two years the bond remains in force.
- 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 2026-09-07); the source link is on this page.
