Mississippi Contractor Tax Bond (Blanket)
What it is & who requires it
Mississippi prime contractors — most often non-resident contractors — who choose to guarantee, with a single continuous blanket bond, the state taxes (sales, use, income, franchise, withholding, and special-fuel) due on the non-residential commercial contracts they perform, instead of prepaying the tax on each job. The Department of Revenue sets the amount sufficient to cover the aggregate tax liability on all of the contractor's outstanding contracts.
Obligee: Mississippi Department of Revenue. Citation: Miss. Code §27-65-21; Miss. DOR Blanket Bond (Form 72-442).
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 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; covers the contractor's aggregate state tax liability on all contracts outstanding at any one time.
Renewal: Continuous until cancelled; the amount is adjusted as the contractor's outstanding contract volume changes.
Filing
Mississippi’s contractor’s tax lets a prime contractor on non-residential commercial work file a bond guaranteeing the sales, use, income, franchise, withholding, and special-fuel taxes due, instead of prepaying the tax on each job. This blanket version (Department of Revenue Form 72-442) is a single continuous bond covering the total tax liability on all of the contractor’s outstanding contracts at any one time, filed with the Department of Revenue and adjusted as that contract volume changes. Because the Department sets the amount from the contractor’s outstanding contract volume, it is listed and the exact amount is confirmed when you apply. Authority: Miss. Code §27-65-21.
Source
This bond requirement is corroborated by multiple public sources; Mississippi Department of Revenue sets the exact amount, which we confirm when you start your bond.
Related Mississippi bonds
Frequently asked questions
- Who requires the Mississippi Contractor Tax Bond (Blanket)?
- It’s required by Mississippi Department of Revenue (Miss. Code §27-65-21; Miss. DOR Blanket Bond (Form 72-442)). Mississippi prime contractors — most often non-resident contractors — who choose to guarantee, with a single continuous blanket bond, the state taxes (sales, use, income, franchise, withholding, and special-fuel) due on the non-residential commercial contracts they perform, instead of prepaying the tax on each job. The Department of Revenue sets the amount sufficient to cover the aggregate tax liability on all of the contractor's outstanding contracts.
- How much is the Mississippi Contractor Tax Bond (Blanket)?
- 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 Mississippi Contractor Tax Bond (Blanket)?
- 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; covers the contractor's aggregate state tax liability on all contracts outstanding at any one time. Renewal: Continuous until cancelled; the amount is adjusted as the contractor's outstanding contract volume changes.
- 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.
