Overview of Virginia Contractor License Bond Requirements

The state of Virginia requires a contractor license bond on a state level as a licensing condition for contractors. The purpose of this bond on a state level is to guarantee that Class A and Class B contractors will comply with the provisions of Chapter 11 of Title 54.1 of the Code of Virginia.

Certain counties and cities in the state also require a bond as a guarantee that contractors will comply with municipal codes. These are the counties of Prince William and Fairfax, and the cities of Chesapeake, Falls Church, and Roanoke.

If a contractor violates the conditions of any of these bonds, the state or municipality can file a claim against their bond to secure compensation for any damages or losses that arise out of such a violation. In the case of the state contractor license bond, individual claims against a bond can be up to $20,000 out of the full $50,000 bond amount. For bonds on a county or city level claims can be as much as the full penal sum of the bond.

If you are new to bonds, see our ‘What is a surety bond’ guide for a detailed explanation of how surety bonds work!

Start your surety bond application today! Why us?
  • Quick turnaround - just 1-2 business days
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Read about the different bonds, their cost, which violations can give rise to claims, and how to apply for a bond in the sections below.

If you want to know more about the bonding requirements for contractors in Virginia, call us at (866)-450-3412!

Cost of Getting Bonded

To get bonded, you need to pay a bond premium. This premium is a percentage of the full amount of your bond.

Class A and B contractors in Virginia are given the possibility to obtain a $50,000 when getting licensed, instead of proving and maintaining minimum net worth.

Mechanical, electric, plumbing, gas fitter and tree contractors in the city of Falls Church must obtain a $1,000 bond.

Home improvement contractors in Falls Church and Fairfax county on projects below $1,000 must obtain a $5,000 bond.

Home improvement contractors in Fairfax county and Prince William county on projects above $1,000 must obtain a $10,000 bond.

The cost of these bonds will vary depending on the type of bond you get, as well as your personal credit score. Your credit score is used by the surety to assess the risk involved in issuing a bond. The higher your score, the lower the perceived risk for the surety - and the lower your bond cost.

See the table below for a breakdown of the possible cost of your bond.

Virginia Contractor License Bond Cost Based on Credit Score
Surety bond name Surety bond amount Above 700 Between 650-699 Between 600-649 Below 599
Falls Church Contractor Bond $1,000 $100 $100 $100 $100
Falls Church and Fairfax County Home Improvement Bond (less than $1,000 project amount) $5,000 $100 $100-$150 $150-250 $250-$500
Prince William County Home Improvement Bond, Fairfax County (more than $1,000 project amount) $10,000 $100-$150 $100-$300 $250-$500 $500-$1,000
Virginia Class A and B Contractor License Bond $50,000 $375-$750 $500-$1,250 $1,250-$2,500 $2,500-$3,750

Applicants who have a high credit score, above 700 FICO, can expect to get a rate between .75% and 1.5% of the total bond amount. Those with slightly lower scores can expect a rate up to 2.5%.

For an exact and free quote on your bond, complete our bond application form and we will contact you shortly with your bond cost.

Bad Credit Bond Program

Even if your credit score is significantly lower than the above, you can still get bonded!

Through our Bad Credit Program you can obtain your bond at a slightly higher rate but just as fast and easy as all bonds issued by our surety partners. Rates are determined on an individual basis, so make sure to request a quote to find out how much exactly your bond will cost.

For a quote and additional information about the program visit the program page!

Claims Against Your Bond

Since all of these bonds are license bonds, they are conditioned upon the faithful compliance of the bonded and licensed contractor with local and state laws. Violating these laws can lead to a bond claim being made by the state or city against the bond.

The bond which Class A and B Virginia contractors can obtain is conditioned upon their compliance with the whole of Chapter 11 of Title 54.1 of the Code of Virginia. For example, “§54.1-1115. Prohibited acts” specifies, among others, that any dishonest behavior, misrepresentation or impersonation as well as contracting without the proper class of license can result in penalties for a contractor.

Similar requirements are in place for all other contractor license bonds required in the state of Virginia.

If a claim is made against the contractor’s bond for any damages or losses resulting out of their non-compliance with regulations, the surety extends compensation to cover for these losses. In turn, the bonded contractor must then repay the surety in full.

Apply for Your Bond Today!

Want to apply for a bond! Complete our bond application form and we will shortly provide you with a bond quote and further details about finalizing your application.

It takes about two working days for your bond to be issued after which we will forward it to you by mail and email.

Start your surety bond application today! Why us?
  • The lowest possible rates
  • A 100% money-back guarantee
  • Access to specialty programs, not available to small agencies

Do you have any questions about these bonds? Call us at (866)-450-3412 to speak to our bond professionals!


About the author:
Todd Bryant
Todd Bryant is a graduate of Germantown Academy and the University of Pittsburgh College of Business Administration Honors College. He has been President of Bryant Surety Bonds, Inc., an A+ rated Business with the Better Business Bureau, since 2007. Licensed as a producer with the Department of Insurance, he has been published in the National Association of Surety Bond Producers newsletter and on numerous authoritative publications such as The Washington Post, Entrepreneur.com, Azcentral.com and many more.