The Consolidated City of Indianapolis requires a $10,000 electrical contractor bond to hold an electrical contractor license through its Department of Business and Neighborhood Services (BNS). Ours is $300 flat — exactly 3% of the bond amount. Licenses renew in odd-numbered years.
















Municipal license bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit check section.
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond arrives by email, ready to file with your Indianapolis electrical contractor license packet. Wet-ink original mailed on request.
$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price; the license renews in odd-numbered years.
The Consolidated City of Indianapolis licenses electrical contractors through its Department of Business and Neighborhood Services (BNS), and conditions the license on a $10,000 surety bond. The bond is a code-compliance and public-protection guarantee: it stands behind your compliance with the city's electrical code and licensing rules.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Indianapolis (the obligee). If a licensed electrical contractor violates the city's electrical code or licensing ordinance, the city — or a party harmed by the violation — can recover against the bond.
The license renews in odd-numbered years (it expires December 31 of each odd year). The bond must stay active for the life of the license, so we track it and send renewal notices 60 and 30 days out. It is not insurance for you — if the surety pays a claim, you repay the surety.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.