Anyone engaging in business as either a contractor or subcontractor in the State of Delaware, whether or not they are a resident of Delaware, must obtain a license from the Division of Revenue, set forth in Title 30, Delaware Code, Chapter 25.
A “Resident Contractor” is defined as a general contractor, prime contractor, construction manager, subcontractor or other type of construction contractor who regularly maintains a place of business in the state of Delaware. Regularly maintaining a place of business in Delaware does not include site trailers or other facilities serving only one contract or related set of contracts.
A “Non-Resident Contractor” is defined as a general contractor, prime contractor, construction manager, subcontractor or other type of construction contractor who does not regularly maintain a place of business in Delaware.
Only Non-Resident Contractors are required to obtain a bond equal to six percent (6%) of the contract amount for all single contracts/subcontracts exceeding $20,000 , or when the aggregate of two or more contracts/subcontracts in a calendar year total $20,000 or more.
Pacific Surety is proud to offer a variety of approvals regardless of credit. The process typically takes just a few hours for a quote, and we have the ability to beat any competitors pricing. If you have any specific questions, feel free to contact our knowledgeable underwriting staff.
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Contractor License Bonds – Delaware
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