Surety Bond Details
Cost: Depends on applic...
Contractor License Bond (All Trades) | ||
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Category: | Contractor License Bonds | |
Obligee: | Georgia **Generic Obligee** (Party/Entity/Business Requiring you obtain bond) | |
Amount: | Varies | |
Duration: | Stated on Bond | |
Expiration: | Stated on Bond |
Georgia Contractor License Bond (All Trades) Contractors are often required to purchase a Contractors License Surety Bond to conduct business in Georgia. The amount of the surety varies on the type of contractor and the work to be performed. Unlike insurance, which protects the insured, a surety bond does not protect the bonded individual but protects one party if the contractor fails to meet a certain obligation.
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