Contractor License ($1,000) Bond - City of Greenbrier, AR in Arkansas

Brief Summary

Greenbrier asks contractors working in the city to post a $1,000 bond before it signs off on their license. It is one of the smallest bonds you will buy, and having it ready keeps your permit from stalling at City Hall.

Contractors who want to work inside the City of Greenbrier post a $1,000 contractor license bond naming the city as obligee. The bond gives the city a source of payment if the contractor breaks the city's building rules or leaves fees and penalties unpaid. Greenbrier does not publish the bond form online, so confirm the current form and filing steps with City Hall before the bond is issued.

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How to Apply for a Contractor License ($1,000) Bond:

• Confirm the current bond form and filing steps with Greenbrier City Hall.
• Apply for the bond in the exact business name you will use with the city.
• Pay the premium and receive the executed $1,000 bond naming the City of Greenbrier.
• File the bond with the city before starting work or pulling permits.
• Keep the bond in force for as long as you hold the city license.

Detailed Information About the Arkansas Contractor License ($1,000) Bond:

Who posts it

The City of Greenbrier sits in Faulkner County, and building permits and inspections for city projects run through its Planning and Zoning office at City Hall. Contractors who will pull permits or perform work inside the city limits post a $1,000 contractor license bond with the city.

What the bond does

A license bond is a promise from a surety company to the city. If the contractor fails to follow the city's codes or leaves required fees or penalties unpaid, the city can make a claim on the bond, up to the $1,000 limit. The surety pays valid claims and then looks to the contractor to repay it. The bond does not insure your work, and it is not a substitute for liability insurance.

The state license is separate

The city bond does not replace the license or bond the Arkansas Contractors Licensing Board may require for your work. If you hold a state license, you still need the city bond to work in Greenbrier.

Before you buy

Greenbrier does not post its contractor bond form or the governing ordinance on its website. Call City Hall at 501.679.2422 or stop by 11 Wilson Farm Road to confirm the current bond form, the exact name the city wants on the bond and the filing steps before the bond is issued.

Premium

The surety sets the premium after reviewing the owner's credit and business history. Apply to see the actual quote for your business.

Eligibility and Requirements for a Arkansas Contractor License ($1,000) Bond:

• Bond amount of $1,000.
• City of Greenbrier, Arkansas named as obligee.
• Business name on the bond matching your city license or permit paperwork.
• Owner credit review by the surety, which sets the premium.

Arkansas Contractor License ($1,000) Bond FAQs:

Official and Additional Resources for the Arkansas Contractor License ($1,000) Bond: