OUR BOND & INSURANCE
DEPARTMENT
|
|
WHAT IS A SURETY BOND?
A three-party agreement whereby one party called
the surety,
is bound with the person bonded, called the principal, to a
third party...commonly called the obligee or owner.
The State of Nevada requires that before a
contractor is issued
a license, a bond or cash deposit must be filed with the
Contractor's License Board. This bond or deposit must remain
in force for 5 consecutive years and must be in the amount
fixed by the board with reference to the contractor's financial
and professional responsibility and the magnitude of his operations,
not to be less than $1000.00 or more than $500,000.(NRS 624.270)
TYPES OF BONDS:
· Bid/Performance/Payment (Contract Bonds)
· Contractors License
· Motor Vehicle Dealer
· Wage & Welfare
· Offsite Improvement
· Court Bonds
· Release of Lien
· Janitorial Service/Business Service
· Notary/Notary E&O
· City/County Permit
· Fidelity Bonds ....AND THE LIST GOES ON....
Complete Contractor Services is now offering the new Consumer Protection Bonding to Pool Contractors. Call for details.
Complete Contractor Services is able to provide license bonding for any individual, no matter of personal credit history.
WHAT TYPE OF INSURANCE WE HANDLE?
General Liability and Workers Compensation for Contractors,
and Complete Contractor Services is now offering Personal Lines Insurance.
|
We are here to assist you with all your Bonding and Insurance requirements and to help give you a better understanding of surety bonds and your specific needs of Insurance. Complete Contractor Services is licensed by the Nevada Division of Insurance. If you have any further questions, feel free to contact Kathleen Huddleson, CISR, CPIW, in our Las Vegas office. Complete Contractor Services |
|