Memphis and Shelby County TN Consolidated Contractor Bond
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $50,000 | 1 Year | $500 |
Contractors applying for a consolidated contractor license in Memphis and Shelby County may be required to secure a surety bond as part of the local licensing process. Required by the Memphis & Shelby County Office of Construction Code Enforcement, this bond helps contractors satisfy the jurisdiction's bonding requirements.
Cost of the Memphis and Shelby County TN Consolidated Contractor Bond
The cost of the $50,000 Memphis and Shelby County consolidated contractor bond is $500 with NNA Surety. Secure your bond online today.
How the Memphis and Shelby County Consolidated Contractor Bond Works
The Memphis and Shelby County consolidated contractor bond provides a financial guarantee that contractors will fulfill the obligations covered by the bond.
The bond involves three parties:
- Principal: Consolidated contractor
- Obligee: Memphis & Shelby County Office of Construction Code Enforcement
- Surety: Bonding company
If the contractor fails to meet the obligations covered by the bond, the obligee may file a claim against the bond. If the claim is determined to be valid, the surety may pay up to the $50,000 bond amount, and the contractor is responsible for reimbursing the surety for any covered claim payments.
How to Get a Memphis and Shelby County Consolidated Contractor Bond
Getting bonded with NNA Surety is simple:
- Complete the application.
- Pay the $500 bond premium.
- Receive your bond via email.
- Download and file your bond with the Memphis & Shelby County Office of Construction Code Enforcement.
Get Your Memphis and Shelby County Consolidated Contractor Bond Today
Our simple online application, competitive premium rates, and responsive customer support make it easy to meet your local bonding requirements. Have questions? Call 855-563-1401 to speak with a surety specialist.