City of Philadelphia, PA - Demolition Contractor Class B
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $10,000 | 1 Year | $100 |
Class B demolition contractors performing applicable demolition work in Philadelphia, Pennsylvania, must meet city licensing and bonding requirements. Required by the City of Philadelphia, the Class B demolition contractor bond helps ensure contractors comply with applicable safety codes and environmental requirements and provides financial protection for covered violations.
Cost of the Philadelphia Class B Demolition Contractor Bond
The cost of the $10,000 Philadelphia Class B demolition contractor bond is $100 per bond term with NNA Surety. Secure this surety bond today.
How the Philadelphia Class B Demolition Contractor Bond Works
The Philadelphia Class B demolition contractor bond protects the city and public by holding licensed demolition contractors financially accountable for complying with applicable requirements while performing demolition work.
The bond involves three parties:
- Principal: Class B demolition contractor
- Obligee: City of Philadelphia, Pennsylvania
- Surety: Bonding company
A claim against the bond may be filed when a contractor fails to comply with covered Philadelphia demolition requirements. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Philadelphia Class B Demolition Contractor Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $100 bond premium.
- Receive the bond form via email.
- Download and file the bond as required by the City of Philadelphia.
Learn more about your Pennsylvania surety bond options across the state.
Get Your Philadelphia Class B Demolition Contractor Bond
Stay compliant with Philadelphia demolition contractor requirements by securing your $10,000 Class B bond. Complete this form or call 855-457-2196 to get bonded.