Mississippi
Contractor Bonds

Mississippi Contractor Bond License Guide

Mississippi 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, while others are prorated for the bond term’s end date.

Why are contractor bonds required in Mississippi?

Multiple counties and cities require contractors in Mississippi 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.

Mississippi city-specific contractor bonds

Many Mississippi contractors are required to post a surety bond with the city or county they work in. More information on city and county-specific requirements can be found below.

City of Batesville Contractor Bonds

The City of Batesville requires contractors to post a $5,000 surety bond for a $100 premium. These bonds are issued for a one-year term; however, a 25% multi-year discount is available for customers who purchase this bond for a multiple-year term upfront. To obtain a contractor’s permit within the city, applicants must submit an application, along with it’s prescribed fees and additional requirements.

City of Brandon Contractor Bonds

A $5,000 bond is required of contractors by the City of Brandon. Purchase your surety bond instantly online for a one-year term for a $50 premium. A 25% multi-year discount is available for customers who purchase this bond for a multiple-year term upfront. Save time and money today by purchasing your bond today! City of Brandon contractors must also possess specified requirements including obtaining a commercial builder’s license or Certificate of Responsibility with the state of Mississippi.

City of Clinton Contractor Bonds

A $5,000 bond is required of contractors in the City of Clinton. Purchase your contractor bond instantly online for a one-year term for a $100 premium. A 25% multi-year discount is available for customers who purchase this bond for a multiple-year term upfront. Along with the application, contractors must submit a copy of their current license, proof of general liability insurance, and a $25 registration fee.

City of Hattiesburg Contractor Bonds

Contractors in the City of Hattiesburg must post a $2,000 contractor bond. This bond can be purchased for $100 instantly online for a one-year term. A 25% multi-year discount is available for customers who purchase this bond for a multiple-year term upfront. Applicants must include a copy of their Mississippi State Certificate of Responsibility, City of Hattiesburg certificate of liability, privilege tax license, copy of their valid driver’s license, Certificate of Worker’s Compensation, and project details along with their application.

City of Ridgeland Contractor Bonds

A $5,000 surety bond is required by the City of Ridgeland of all contractors. A one-year term for this bond costs $100; however, a 25% multi-year discount is available for customers who purchase this bond for a multiple-year term upfront. Along with completing an application, contractors must also submit additional requirements including a copy of their Mississippi municipality license, certificate of general liability insurance (minimum $300,000), and a $25 fee.

City of Tupelo Contractor Bonds

Contractors in the City of Tupelo are required to post a $10,000 surety bond to become licensed to work. This bond can be purchased instantly online for $100 for a one-year term expiring September 30. The bond premium may be prorated to match the cost of the time remaining before the bond’s end date. Applicant’s must also submit a City of Tupelo contractor’s application to obtain their license.

Visit SuretyBonds.com or call us at 1 (800) 308-4358 to talk to a representative to get started on securing your Mississippi bond today!