Newark, Delaware Contractor Bond

The bond amount for Newark, Delaware Contractor Compliance Bonds varies and is set by the obligee. Our GOOD CREDIT price is 1% of the bond amount.

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Newark Contractor Compliance Bonds are required by the City of Newark, Planning and Development Department. The required bond amount varies.

Most applicants with good credit will qualify for rate indicated. In order to receive your specific quote, we must review your qualifications to determine the lowest possible price. If you have already been declined or nonrenewed by another Surety Company, chances are you will not qualify for this preferred rate.

We have various sureties willing to write bonds for applicants with less than perfect credit, including a special program with very competitive prices for those with just a few credit blemishes.

We find the best possible price for your surety bond given your particular qualifications.

*Below is a list of the types of contractors required to obtain a bond in the City of Newark Delaware, along with the required bond amounts and prices for the bond:

Limited Subcontractor
(HVAC, Fire, Plumbing, Mechanical):
Bond Amount- $50,000.00 (Prem- $500)

Unlimited Subcontractor
(HVAC, Fire, Plumbing, Mechanical):
Bond Amount- $200,000.00 (Prem- $2,000)

General Contractor
Bond Amount-
$50,000.00 (Prem- $500)
$75,000.00 (Prem- $750)
$100,000.00 (Prem- $1,000)
$150,000.00 (Prem- $1,500)
$200,000.00 (Prem- $2,000)

Follow this link if you would like to visit the City of Newark website for the Contractor Compliance Bond form.

Additional information about this corporate surety bond requirement is as follows:

Obligee - Newark Planning & Development Department
Bond Amount - varies
Bond Premium - 1% of the bond amount, with RLI Insurance
Renewal Document - None.

Click on the No Obligation Quote button to complete our simple, one-page online bonding application. Completing the following application allows the underwriters at BondAbility to provide you with a specific quote for the exact bond you need. After you submit our online application, we will respond with your personalized quote within the hour!

I am an ...

Most Obligee's require that the name on the Bond EXACTLY match your license or license application.
Type of Entity
Has the business or any of the owners been involved in:

Additional Documents

If there are documents that you would like to upload for our review, please upload them below

By submitting this Application, the owners listed above hereby authorize BondAbility, (including any of its representatives affiliates, agents or designees) to conduct any and all investigative inquiries including but not limited to obtaining consumer credit reports. Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false, incomplete, or misleading information, or conceals information concerning any material fact whereto, commits a fraudulent insurance act, which is a crime punishable by incarceration, and shall also be subject to civil penalties