MN technology system contractor bonds.
$750 flat.

Minnesota's $25,000 technology system contractor bond is filed with the Department of Labor and Industry as a condition of the low-voltage contractor license under Minn. Stat. 326B.46. Ours is $750 flat — 3% of the bond amount, identical for every contractor. No credit check on this bond.

Required for your MN technology system contractor license — low-voltage, power-limited, alarm, data, and signal work
Fixed amount, fixed price — $25,000 bond, $750, no quote process
Paired with a licensed power limited technician — the license also requires that you be, or employ, a PLT
A-ratedA.M. Best carriersFastoften same purchase1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · 5 MINUTES

Apply online

Business details and an effective date. That's the application — no financials, no credit check section.

MINUTES, USUALLY

Pay & e-sign

Fixed-amount license bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with the Department of Labor and Industry

Your executed bond and power of attorney arrive by email, ready to file with your technology system contractor license application. Wet-ink original mailed on request.

The whole pricing page.

$25,000 bond × 3% = $750, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$750
2-year term
$1,500
3-year term
$2,250
About this bond

What it is and who needs it.

What the bond actually guarantees

Minnesota licenses technology system contractors — the businesses that install low-voltage, power-limited, alarm, data, and signal systems — through the Department of Labor and Industry. The license is conditioned on a $25,000 surety bond under the contractor-bond provision at Minn. Stat. 326B.46, the same licensing-and-bond section that applies to electrical and related contractors.

The bond runs to the state for the benefit of any person who suffers loss because the contractor fails to comply with the licensing laws and the electrical/technology code. It is a three-party arrangement: you (the principal), the surety, and the State of Minnesota (the obligee).

A technology system contractor license also requires that you be, or employ, a licensed power limited technician (PLT). The bond is one piece of that license — if the surety pays a claim, you repay the surety; it is not insurance for you.

Minn. Stat. 326B.46 (licensing, bond and insurance)Minnesota licenses technology system contractors through the Department of Labor and Industry, and Minn. Stat. 326B.46 conditions the license on a $25,000 surety bond running to the state for the benefit of persons who suffer loss from the contractor's failure to comply with the licensing laws and electrical code. The license also requires the contractor to be, or employ, a licensed power limited technician. Confirm the bond amount on your license application.

You need this bond if you're

Applying for a MN technology system contractor license — alarm, low-voltage, data, or signal work
Renewing your contractor license and your current bond is expiring or non-renewing
Converting from PLT to a contractor — opening your own technology systems business
An out-of-state low-voltage company getting licensed to work in Minnesota

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn't have one.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Minnesota technology system contractor bond? +
The premium is $750 — a flat 3% of the $25,000 bond amount, the same for every contractor. The $25,000 amount is set by statute, so there is no quote process.
Do I pay the $25,000? +
No. You pay $750. The $25,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
Do I also need a power limited technician? +
Yes — the license requires you to be, or employ, a licensed power limited technician (PLT). The bond and the PLT requirement are separate pieces of the same technology system contractor license.
Is there a credit check? +
Not on this bond — the application has no credit section at all. Fixed-amount license bonds like this one don't need one.
When does it renew? +
The bond must stay active for as long as you hold the license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available.
Related bonds

Other New York bonds.

Finish your license checklist today.

$750 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$750
Apply now →