Massachusetts Contractor License Bond Requirements

You may need to post a contractor license bond to obtain your Massachusetts contractor license.

It’s not necessary to get bonded to obtain a MA general contractor license or MA home improvement contractor license on the state level.

However, if you are an out-of-state contractor, you need a surety bond that you have to provide to the state Department of Revenue. Bonding is also required for contractors in the City of Willougbhy by its Building Department.

When you want to start your licensing process, it’s best to check with your local authorities whether you have to provide a bond.

Why Is This Bond Required?

Massachusetts contractor license bonds ensure that you will follow all applicable laws when operating as a licensed or registered contractor. They protect your customers against harmful illegal actions you may commit.

A party who has suffered damages can file a claim against your surety bond. This is how they can demand fair compensation for, say, incomplete or low-quality construction work you’ve provided. It can be up to the penal sum of the bond that you have provided.

Need more details on how surety bonds work? Don’t miss our extensive ‘What is a surety bond’ guide.

Want to get further information on the bonding requirements for Massachusetts contractors? You can speak with our bonding experts by calling us at 866.450.3412.

What’s the Massachusetts Contractor License Bond Cost?

The price that you have to pay to get bonded depends on the bond amount that the respective licensing authorities in Massachusetts have set.

Some of the requirements are:

The cost of your Massachusetts contractor license bond is a fraction of the required amount. It depends on the strength of your personal and business finances.

Factors That Determine Your Bond Cost

The most important factor that influences your bond cost is your personal credit score. With a FICO score of 700 or higher, you can get a bond rate as low as 1% of the bond amount.

The other indicators that your surety provider considers when formulating your premium are:

  • Personal and business finances
  • Any fixed and liquid assets
  • Professional experience

For a complete overview of how your bond cost is set, you can consult our detailed surety bond cost guide.

You can check an estimate of the cost of your bond based on your credit score in the table below.

Massachusetts Contractor License Bond Cost Based on Credit Score
License type Bond Amount Credit Score
Above 700 650-699 600-649 Below 599
City of Willougbhy contractor $25,000 $250-$500 $375-$750 $500-$1,000 $750-$1,250

* The table provides a bond cost ballpark estimate based on the applicant's credit score. Actual bond prices can differ due to a number of factors. For an exact quote, please complete our online application. It's fast and 100% free!.

How to Get Your Bond

Ready to get bonded? You can click on the banner below to get a free contractor license bond quote.

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

You can reach us at 866.450.3412 for any questions you have about the Massachusetts contractor license bonding process.

Bryant Surety Bonds is licensed to issue contractor license bonds in all 50 states. We can assist you to get bonded as a contractor anywhere in the country!

About us:
Bryant Surety Bonds, Inc. is a surety bond agency based in Pennsylvania. Licensed in all 50 states and with access to over 20 T-listed, A-Rated bonding companies, we have the contacts, expertise, and top service to provide you with a hassle-free experience, all while offering competitive rates for your surety bond.