Alaska Contractor Bond License Guide
Alaska requires contractors to obtain a contractor bond to become licensed. The amount for these bonds varies depending on the type of contractor, location, and project. Some of these bonds can be issued instantly online for a set premium or are prorated for the bond term’s end date.
Why are contractor bonds required in Alaska?
Multiple counties and cities require contractors in Alaska to post surety bonds prior to starting work. These bonds ensure the principal (contractor) will abide by all applicable rules and legislation outlining the classification-specific work, in addition to protecting consumers from damages caused by negligent or faulty work. Obligees (government entities requiring the bond) enforce the legal language on the bond form that places liability on the principal.
Affected contractors can file a claim against the surety bond; if found to have validity, the surety (the company that financially backs the bond) will pay the claim up to the bond’s full amount. However, the principal is required to reimburse the surety in full for any money paid out.
Contractor Bond
Contractors are required to post a surety bond to be registered to work within the state of Alaska. For a one-year term, the bond amount varies depending on the contractor type. The applicant’s credit history must be reviewed by a surety underwriter as the cost of the bond is currently underwritten. Contractors must submit an application for their work specialty, along with the following requirements for each type:
General Contractor - Residential
Bond amount: $20,000
$350 application/registration fee
Certificate of insurance coverage
Workers' Compensation (if applicable)
Residential contractor endorsement
General Contractor - Residential and Commercial
Bond amount: $25,000
$350 application/registration fee
Certificate of insurance coverage
Workers' Compensation (if applicable)
Bond amount: $5,000
$350 application/registration fee
Certificate of insurance coverage
Workers' Compensation (if applicable)
Mechanical or Specialty Contractor
Bond amount: $10,000
$350 application/registration fee
Certificate of insurance coverage
Workers' Compensation (if applicable)
Mechanical Administrator name and license number (mechanical only)
Specialty Trades (specialty only)
Visit SuretyBonds.com or call us at 1 (800) 308-4358 to talk to a representative to get started on securing your Alaska bond today!
Search all contractor bonds in Alaska
Over the years, our bonding experts have put together the most comprehensive surety bond library. Most of our contractor bonds can be purchased instantly online in only a few minutes.
Use the list on the right below to browse all of our available contractor bonds in Alaska You can also try searching by bond amount, obligee, or bond name.