New Jersey Contractor License Bond

What is an New Jersey Contractor License Bond? 

New Jersey Contractor License Bond's are required by New Jersey's Board of Examiners of Electrical Contractors to obtain your New Jersey Contractor License Bond. The New Jersey Contractor License Bond amount is set at $1,000. 

The State requires a Contractor License bond for :  

a $1,000 surety bond

Different parts of a bond:

 There are 3 parts to a Contractor License surety bond. The Principal "YOU", The Surety Company, and the Obligee. The Principal is the business or individual applying for the Contractor License Surety Bond. The Obligee is the individual or entity requiring the Surety Bond and the Surety Company is the company who provides the Surety Bond coverage.

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Program:

You can buy your New Jersey Contractor License Bond (Apply) online immediately

New Jersey Contractor License Bond Information and Requirements:

a $1,000 surety bond

The home repair contractor license issued by DOBI is required for a New Jersey home repair contractor who executes financed home repair contracts on the goods or services provided to New Jersey consumers for home repair work.

A home repair contractor who deals strictly in cash installment payments over a period of 90 days or less or accepts credit card payments does not need to obtain this license.