Minneapolis, MN - Building Contractor Class A
Flat Rate & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $10,000 | 1 Year | $100 |
Class A building contractors performing applicable construction work in Minneapolis, Minnesota, must meet city licensing and bonding requirements. The $10,000 building contractor Class A bond helps ensure contractors comply with applicable state and local building requirements and provides financial protection for covered violations.
Cost of the Minneapolis MN Building Contractor Class A Bond
The cost of the $10,000 Minneapolis building contractor Class A bond is $100 for a one-year bond term with NNA Surety. Secure this surety bond today.
How the Minneapolis Building Contractor Class A Bond Works
The Minneapolis building contractor Class A bond helps protect the city and its residents by holding contractors financially accountable for complying with applicable building requirements and obligations covered by the bond.
The bond involves three parties:
- Principal: Building contractor Class A
- Obligee: City of Minneapolis, Minnesota
- 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 Minneapolis Building Contractor Class A 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 Minneapolis.
Learn more about your Minnesota surety bond options across the state.
Get Your Minneapolis MN Building Contractor Class A Bond
Ready to meet your Minneapolis building contractor Class A bonding requirements? Complete this form or call 855-457-2196 to get bonded.