City of Sioux Falls, SD - Electrical Contractor
Flat Rate & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $10,000 | 1 Year | $100 |
Electrical contractors performing applicable installation, maintenance or repair work in Sioux Falls, South Dakota, must meet city licensing and bonding requirements. The $10,000 electrical contractor bond helps ensure contractors comply with applicable municipal electrical and safety standards and provides financial protection for covered violations.
Cost of the City of Sioux Falls SD Electrical Contractor Bond
The cost of the $10,000 City of Sioux Falls electrical contractor bond is $100 for a one-year bond term with NNA Surety. Secure this surety bond today.
How the Sioux Falls Electrical Contractor Bond Works
The Sioux Falls electrical contractor bond helps protect the city and public by holding contractors financially accountable for complying with applicable electrical and safety requirements and obligations covered by the bond.
The bond involves three parties:
- Principal: Electrical contractor
- Obligee: City of Sioux Falls, South Dakota
- Surety: Bonding company
A claim against the bond may be filed when a contractor fails to meet an obligation covered by the bond. The principal is responsible for repaying valid claims paid by the surety.
How to Get the City of Sioux Falls Electrical 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 Sioux Falls.
Learn more about your South Dakota surety bond options across the state.
Get Your City of Sioux Falls SD Electrical Contractor Bond
Ready to meet your Sioux Falls electrical contractor bonding requirements? Complete this form or call 855-457-2196 to get bonded.