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Are Florida Contractors Required to Have a License and a Bond?

A Florida Contractor shakes hands with a client

A Florida Construction Contractor License Bond guarantees that a contractor will work according to the laws and regulations of the state and to protect government agencies and consumers from potential financial loss. The bond guarantees that construction professionals will adhere to the laws and regulations of the state, and will follow the terms noted within the bond's legal language.

Construction contractor applicants can apply for licensure through the Florida Department of Business & Professional Regulation, Construction Industry Licensing Board.

Florida has two levels of contractors, Division l and Division ll. Division l contractors include general contractors, building contractors, and residential contractors. Division ll are any other type of contractor.

Florida contractors that have surety bond requirements:
Florida General Contractor (GC) Bond
Florida Building Contractor Bond
Florida Residential Contractor
Florida Class A Air Conditioning Contractor Bond
Florida Drywall Contractor Bond
Florida Residential Swimming Pool Contractor Bond
Florida Pool Servicing Bond
Florida Spa Servicing Bond
Florida Irrigation Specialty Contractor Bond
Florida Plumbing Contractor Bond
Florida Financial Responsible Officer Bond

Applicants must complete the application and provide proof of financial stability including having a credit score greater than 660, the ability to pass a criminal background check and be of good moral character.

Applicants must not have any liens or unsatisfied judgements against them personally or their company.

Contractors must secure a surety bond for credit scores of 660 or less. Obtain your surety bond from SuretyGroup.com as follows:

Applicants that have completed the 14-hour financial responsibility course require a $10,000 bond for Division l contractors and a $5,000 bond for Division ll contractors.

Applicants that have not completed the 14-hour financial responsibility course require a $20,000 bond for Division l contractors and a $10,000 bond for Division ll contractors.

Financial Responsibility Officers are required to have a $100,000 bond.

In lieu of a bond an irrevocable letter of credit signed by an approved financial institution can be filed with the state.

In addition to the application requirements, contractors are encouraged to complete the 14-hour financial responsibility course.

Applicants must carry general liability insurance for general and building contractors, a minimum of $300,00 public liability, and $50,000 property damage. All other contractor types need $100,000 public liability and $25,000 property damage.

How Much Will This Bond Cost?

The premium that you pay for a Florida Construction Contractor License Bond is dependent on credit and the bond amount required.

Related Links:

Read our blog, Palm Beach County License & Permit Bonds

How Do I Get a Surety Bond?

Contact our Surety Bond Specialists today at:

Phone: 1‑844‑432‑6637
Fax:     404-351-3237
Hours: 8:00-5:00 CST, Monday through Friday

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