City of Pocatello, ID Building Class A-1 Contractor Bond
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $50,000 | 1 Year | $500 |
Contractors seeking a Building Class A-1 license in Pocatello, Idaho, must meet the city's licensing requirements, including providing a $50,000 license and permit bond. The City of Pocatello requires the bond for contractors performing commercial and/or residential construction, demolition, alteration, or repair of structures permitted by the city's building codes.
Cost of the Pocatello Building Class A-1 Contractor Bond
The cost of the $50,000 Pocatello Building Class A-1 contractor bond is $500 per bond term with NNA Surety. Buy your bond online today.
How the Pocatello Building Class A-1 Contractor Bond Works
The Pocatello Building Class A-1 contractor bond is a license and permit bond required to obtain a Class A-1 contractor license from the city. The bond provides financial security that the licensed contractor will meet the obligations covered by the bond and comply with applicable city requirements.
The bond involves three parties:
- Principal: Class A-1 Contractor
- Obligee: City of Pocatello, Idaho
- Surety: Bonding Company
If the contractor fails to meet an obligation covered by the bond, the city may file a claim against the bond. If the claim is valid, the surety may pay covered losses up to the $50,000 bond amount. The contractor is responsible for reimbursing the surety for any covered losses it pays.
How to Get the Pocatello Building Class A-1 Contractor Bond
Getting your bond is simple with NNA Surety:
- Complete the online bond application.
- Pay the $500 bond premium.
- Receive your bond electronically.
- Download and submit the bond as required by the City of Pocatello.
Get Your Pocatello Building Class A-1 Contractor Bond
Secure your $50,000 Pocatello Building Class A-1 contractor bond today and keep your contractor licensing requirements on track. Apply online with NNA Surety for a simple bonding process with no credit check.