New Jersey Electrical Contractor Bond

Bond Details

New Jersey Electrical Contractor Bond – $1,000 bond:

Cost for 1 year = $50

Cost for 2 Years = $100

Cost for 3 years = $150

This bond has a common renewal date of March 31^st every year.  Your bond’s expiration date will be March 31 and the year will vary based on the term you select.

Overview

An electrical contractor bond is required of individuals who plan to install, repair, or modify electrical equipment used for power generation, transmission, or use. Required by the New Jersey Board of Examiners of Electrical Contractors, the $1,000 surety bond is part of the application process of becoming a licensed electrical contractor.

Principal: Electrical contractor (you)
Obligee: New Jersey Division of Consumer Affairs
Surety: NNA Surety
Bond Amount: $1,000
Bond Cost: Varies based on term
Bond Term: 1- 3 years

How the NJ Electrical Contractor Bond Works

The electrical contractor bond serves two purposes:

1. Ensure contractors comply with state laws and industry regulations while performing electrical work.
2. Provide financial protection to clients and the public by guaranteeing the contractor will fulfill their obligations ethically and professionally.

Get Bonded With NNA Surety

Complete our form or call us to get your New Jersey electrical contractor bond today.