Georgia Residential and General Contractor License Surety Bonds

Residential and General Contractors in the State of Georgia are required to post a $25,000 surety bond with the Board of Residential & General Contractors as part of the application process. This bond ensures the contractor will comply with the rules and regulations under O.C.G.A. Section 43-41-1. While this is mandatory for all residential contractors, general contractors will only need to post a surety bond when doing work over $2,500. Some counties and cities in Georgia have specific bond requirements that are separate from the State mandate. We suggest contacting the local licensing board before starting the bonding process to confirm. Below is a list of minimum net worth requirements for General Contractor licenses:

  • General Contractor Individual – minimum net worth in the amount of $150,000. Refer to Board Rule 553-4-.01
  • General Contractor Qualifying Agent – minimum net worth in an amount of $150,000. Refer to Board Rule 553-4-.02
  • General Contractor Limited Tier Individual –  minimum net worth of $25,000. Refer to Board Rule 553-4-.05
  • General Contractor Limited Tier Qualifying Agent – minimum net worth of $25,000.  Refer to Board Rule 553-4-.06

Pacific Surety offers industry low rates and can obtain approvals for almost all credit situations. Once our simple application has been completed, we can have pricing to you within hours. If you have any specific questions, please contact our knowledgeable underwriting staff.

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Contractor License Surety Bonds – Georgia