Mississippi Contractor License Bond

Mississippi does not require a surety bond to get a state contractor license. The Mississippi State Board of Contractors qualifies commercial contractors on net worth shown by a CPA-reviewed financial statement ($50,000 for a major classification, $20,000 for a specialty classification), and residential builders and remodelers have no bond or financial statement requirement at all. The contractor bonds Mississippi contractors actually need are set by cities and counties, and by project owners.

 

If a city clerk, county, or project owner has told you to post a bond, we can help. Get a free quote online or call 800-333-7800.

 

Start now: Get Your Mississippi Contractor License Bond

 

For additional bonding information, visit our Contractor’s License Bond page.

 

Contractor bonds you may need in Mississippi

• City and county license or permit bonds. Many Mississippi municipalities require a contractor bond before issuing a local privilege license or building permit. Amounts are set locally and are usually $5,000 to $25,000. Send us the city's bond form and we will issue it, typically the same day.
• Bid, performance and payment bonds. Public projects in Mississippi require them under state law, and many private owners ask for them. These are underwritten on the project, not the license. See our construction bonds page.
• Specialty license bonds. Some trades and business types licensed by other Mississippi agencies carry their own bond. Call us with the agency name and we will find the form.

 

What the Mississippi Contractor Bond Guarantees

The bond ensures compliance with:

• Mississippi contracting laws
• Payment obligations to subcontractors and suppliers
• Ethical business practices
• Completion of contracted work

If a claim is paid, the contractor is financially responsible for reimbursing the surety.

 

Filing Your Mississippi Contractor Bond

The bond must:

• Be written on the form provided by the city, county, or project owner
• Be issued by a surety licensed in Mississippi
• Match the contractor’s legal business name
• Be submitted before your local license or permit is issued

We provide same-day bond issuance and electronic copies for immediate submission.

 

Cost of a Mississippi Contractor License Bond

A local license or permit bond costs a small percentage of the bond amount per year, generally 1% to 5% depending on your credit. We quote our best rate at a FICO score of 700 or above, and weaker credit is still writable at a higher rate. Project bonds are priced on the contract and your financials; call us for those.

 

Get Your Mississippi Contractor License Bond Today

If you need a Mississippi contractor bond, we can issue it quickly and at highly competitive rates.

 

Start now: Get Your Mississippi Contractor License Bond