Virginia Contractor License Bond
What it is & who requires it
Virginia contractors (Class A, B, or C, licensed by the DPOR Board for Contractors) who cannot or prefer not to document the minimum net worth or equity required for their license class, and who instead post a surety bond on the Board's bond form to obtain the license. Because the bond is a co-equal alternative to net worth, it is carried LISTED.
Obligee: Virginia Board for Contractors (Department of Professional and Occupational Regulation). Citation: 18VAC50-22-50(D) (and 18VAC50-22-40/-60); Va. Code §§ 54.1-1106, 54.1-1108.
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 net worth.
Renewal: Maintained with the license, when the bond path is used.
Filing
Virginia’s Board for Contractors (part of the Department of Professional and Occupational Regulation) lets a licensed firm meet its class net-worth requirement by posting a surety bond on the Board’s bond form instead of documenting the required equity. 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: 18VAC50-22-50(D); Va. Code §§ 54.1-1106, 54.1-1108.
Source
This bond requirement is corroborated by multiple public sources; Virginia Board for Contractors (Department of Professional and Occupational Regulation) sets the exact amount, which we confirm when you start your bond.
Related Virginia bonds
Frequently asked questions
- Who requires the Virginia Contractor License Bond?
- It’s required by Virginia Board for Contractors (Department of Professional and Occupational Regulation) (18VAC50-22-50(D) (and 18VAC50-22-40/-60); Va. Code §§ 54.1-1106, 54.1-1108). Virginia contractors (Class A, B, or C, licensed by the DPOR Board for Contractors) who cannot or prefer not to document the minimum net worth or equity required for their license class, and who instead post a surety bond on the Board's bond form to obtain the license. Because the bond is a co-equal alternative to net worth, it is carried LISTED.
- How much is the Virginia 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 Virginia 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 net worth. Renewal: Maintained with the license, when the bond 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.
