Missouri Contractor License Bond Requirements

To get some types of Missouri contractor licenses, you have to obtain a contractor license bond.

There is no state-wide bond requirement for getting a Missouri general contractor license.

St. Louis construction companies often need a surety bond. You have to obtain it to apply for a license as a plumber, electrical contractor, or mechanical contractor in St. Louis County. A bond is also necessary for general builders in the City of Joplin.

Bonding requirements for contractors vary across the U.S. When you start your licensing, it’s best to first check the exact criteria of your local authorities.

Why Is This Bond Required?

Your Missouri contractor license bond protects your customers. It ensures that as a licensed contractor you will abide by relevant rules and regulations.

If you fail to follow the law in your construction services, a harmed client can file a claim against the bond. That’s how they can seek fair compensation. Its maximum amount can be the penal sum of the bond that you have posted.

Want to know more about the way bonds work? Don’t miss our detailed ‘What is a surety bond’ guide.

Start your surety bond application today! Why us?
  • Quick turnaround - just 1-2 business days
  • Tailor-made advice on building a strong application
  • Exclusive bad credit programs

You can reach our bonding experts at 866.450.3412 for any further questions you may have.

What’s the Cost of the Missouri Contractor License Bond?

The price of your bond depends on the amount required by the licensing authorities.

Some of the bond amounts for Missouri contractors are:

  • $10,000 bond for St. Louis electrical contractors, St. Louis mechanical contractors, and for City of Joplin general builders
  • $25,000 bond for St. Louis plumbers

To get bonded, you don’t have to pay the whole bond amount. Instead, you need to cover only a fraction of it which is your actual bond cost. Your surety sets it based 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. The higher it is, the lower your bond cost would be.

Applicants with a FICO score of 700 or higher can expect a bond rate as low as 1% of the required bond amount.

The other important factors include:

  • Personal and business finances
  • Fixed and liquid assets that you showcase
  • Industry experience

For a complete overview of how your bond price is determined, consult our surety bond cost guide.

The table below presents estimates of your contractor license bond cost based on credit score.

Missouri Contractor License Bond Cost Based on Credit Score
License type Bond Amount Credit Score
Above 700 650-699 600-649 Below 599
St. Louis electrical contractors, St. Louis mechanical contractors, and City of Joplin general builders $10,000 $100-$200 $150-$300 $200-$400 $300-$500
St. Louis plumbers $25,000 $250-$500 $375-$750 $500-$1,000 $750-$1,250

Apply for a Contractor License Bond

Want to obtain your Missouri contractor license bond? You can click on the banner to get a free quote. You can easily buy the bond online after that.

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

Need more information about contractor license bond requirements in Missouri? You can reach us at 866.450.3412.

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.