Arizona Dual Contractor License Bonds

If you're a licensed contractor performing both residential and commercial work in Arizona, you'll need an Arizona Dual Contractor License Bond. This bond combines the requirements for Residential and Commercial Bonds, providing financial protection for both aspects of your work and ensuring compliance with Arizona state regulations. It's an essential step for contractors operating at the intersection of residential and commercial projects. 

Dual License Bond Application

What Is a Dual License Bond in Arizona?

An Arizona dual license contractor bond is a type of surety bond required by the Arizona Registrar of Contractors (ROC) for contractors who are licensed to work on both residential and commercial projects. It acts as a financial guarantee that contractors will follow state laws and fulfill their contractual obligations to clients.

Why You Need a Dual License Bond in Arizona

If you work as a contractor handling both residential and commercial contracts, Arizona law requires this bond to protect the interests of your clients, the public, and the state government. An Arizona contractor bond for residential and commercial work ensures:

• Financial compensation for damages caused by the contractor's failure to complete a project, use proper materials, or follow applicable laws and regulations
• Protection for property owners and commercial clients against losses due to contractor negligence
• Compliance with Arizona state regulations, which helps you maintain your contractor's license in good standing

Who Is Eligible for an Arizona Dual License Contractor Bond?

To qualify for an Arizona dual contractor bond, contractors must meet a few requirements:

Be licensed by the Arizona Registrar of Contractors to work on residential and commercial construction.
Provide gross revenue figures from the previous year for accurate bond calculation.
Have personal credit scores that can influence the cost of the bond.

Whether you're renewing your contractor license or applying for the first time, CCIS can streamline the process to make obtaining your bond easy and affordable.

Cost of an Arizona Dual License Bond

Whether you're a general or specialty contractor, the cost of an Arizona dual license contractor bond varies depending on your bond amount and personal credit. Key factors affecting pricing include:

• Combination of Required Bond Amounts: Bond amounts for a dual license bond in Arizona are calculated by combining the amounts required for residential and commercial bonds based on your business's gross annual receipts from the previous year. For instance, if you need a $7,000 bond for commercial work and a $4,250 bond for residential work, your total bond requirement would be $11,250. This combined approach ensures sufficient coverage for all aspects of your contracting activities. Just to note: while residential and commercial bonds can be combined, it only applies on a per license basis. Each separate license class still requires its own separate license and a separate bond.
• Bond Cost: Pricing typically ranges from 0.5% to 10% of the total bond amount, with a $75 minimum premium. The exact cost depends on the total bond amount and the contractor's personal credit.
• Multi-Year Discounts: Save up to 25% by purchasing multi-year bonds, which can also align with your license renewal period.

For a detailed breakdown of bond amounts based on license type and gross receipts, refer to the Arizona Registrar of Contractors Bond Information page.

How To Apply for Your Arizona Dual Contractor Bond

At CCIS, we make obtaining your dual license bond in Arizona simple. Here's how our process works:

• Apply Online: Complete our secure online application, providing your business and license details.
• Get a Free Quote: We'll evaluate your bond needs and provide a no-obligation quote—many bonds are instantly approved!
• Purchase and Download: Pay online and receive your bond quickly, so you can submit it to the Arizona ROC and move forward with your license.

Why Choose CCIS for Arizona Dual Contractor Bonds?

CCIS is the trusted choice for contractors in Arizona, thanks to our experience, affordability, and exceptional service. Here's what sets us apart:

• Specialized Expertise: With over 55 years of experience, we simplify bonding for contractors.
• Affordable Rates: Competitive pricing for all bond types, regardless of credit history.
• Quick and Easy Process: Many bonds are approved instantly with same-day service available.
• Discounts on Multi-Year Bonds: Save money by bundling your bond with your license renewal period.