Minnesota Mechanical Contractor Bond
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How much does the Minnesota mechanical contractor surety bond cost?
The Minnesota mechanical contractor bond costs $219 for the state-required 2-year term. Your $219 premium will cover the 2 years of coverage required by the state.
How do you get a mechanical contractor bond in Minnesota?
You can purchase your Minnesota mechanical contractor bond online 24/7. You'll need to provide your business name, address, and phone for Minnesota Department of Labor and Industry filing approval. Once your payment has been processed, your official mechanical contractor surety bond will be emailed to you instantly.
How fast can I get a mechanical contractor bond?
SuretyBonds.com offers instant Minnesota mechanical contractor surety bond delivery 24/7. Purchase now to receive your official Minnesota surety bond delivered in minutes by email.
What is the purpose of the Minnesota mechanical contractor bond?
Minnesota Statute 326B. 197 requires mechanical contractors file a $25,000 surety bond to perform contract work in the state. By filing this bond, you agree to comply with the State Mechanical Code, which can be found in Minnesota Administrative Rules Chapter 1346. If you fail to do so, your issuing surety company will pay valid claims to harmed individuals up to your full $25,000 bond amount, which you must reimburse.
Who needs a mechanical contractor bond in Minnesota?
Although Minnesota does not require a mechanical contractor license at the state level, you will need to purchase, file, and maintain a mechanical contractor bond to contract the following project work in the state.
- gas
- heating
- ventilation
- cooling
- air conditioning
- fuel burning
- refrigeration
Who regulates mechanical contractors?
The Minnesota Department of Labor and Industry enforces registration requirements for mechanical contractors in the state, including the required $25,000 bond amount and 2-year term. You can contact the DLI by calling 1(651)284-5034 or emailing [email protected].
The Minnesota Department of Labor and Industry requires this bond for state mechanical contract work. The DOL enforces a separate Minnesota electrical contractor bond requirement for electrical contract work. If you work as a contractor in other areas, we also offer other Minnesota contractor license bond types across the state.
How do I update or change my mechanical contractor surety bond?
If the Minnesota Department of Labor and Industry requires your surety bond documentation to be updated for any reason, contact your surety provider. If you purchased your bond from SuretyBonds.com, email [email protected] to explain the needed change. The most commonly requested changes include updating your business name or address to match your contractor licensing paperwork.
How do I renew my Minnesota mechanical contractor bond?
You must renew your Minnesota mechanical contractor bond before its current 2-year term expires. Once you pay your SuretyBonds.com renewal invoice, instructions will be emailed to you to keep your surety bond active for your next 2-year term.
Do mechanical contractors need to obtain a license in Minnesota?
The Minnesota Department of Labor and Industry does not enforce state license requirements for mechanical contractors. However, you will need to fill out and file the state's Mechanical Contractor Business Registration Application.
Note that individual cities in Minnesota also enforce their own local contractor licensing requirements. Since local licenses aren't regulated by the Department of Labor and Industry, it's best to check with the city in which you plan to work before beginning construction work in the area.
What can contractors do to avoid claims against the Minnesota mechanical contractor bond?
You can avoid claims filed against your bond by complying with state laws when working as a mechanical contractor. Remember, if a valid claim is filed against your surety bond, you must reimburse your surety company for any payments made to harmed individuals.
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