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Mississippi contractor blanket tax bonds.
From $100.

The blanket bond a contractor files with the Mississippi Department of Revenue, guaranteeing the sales, use, income, franchise, withholding, and special (diesel) fuel taxes due on its Mississippi contracts. Filed on Form 72-442 under Miss. Code §27-65-21 — pricing starts from $100, with your exact price shown at the application.

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Required under Miss. Code §27-65-21 — chiefly for nonresident prime contractors on taxable contracts
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A blanket bond (Form 72-442) covering the aggregate tax on all contracts outstanding at one time
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No credit check up to $10,000 — above that, a soft pull at most, which never affects your score
From $100most applicants pay the minimumNo credit check up to $10,000above that, a soft pull at most, never a hard inquiryInstantapproval for most
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Mississippi contractor blanket tax bond cost?

1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the standard contractor tax bond — enter your amount, pay, and file with the Department of Revenue. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount the Department required, and the effective date — that is the application. The bond’s effective date must precede the start of the contracts it covers.

INSTANTLY

Issued on the spot

No credit check up to $10,000. Above $10,000, a soft pull may add a short review.

SAME DAY

File with the Department of Revenue

Submit the executed blanket bond (Form 72-442) to the Mississippi Department of Revenue. Wet-ink originals mailed whenever the Department insists.

About this bond

What it is and who needs it.

What the blanket tax bond actually covers

Mississippi taxes construction contracting under the Sales Tax Law. Under Miss. Code §27-65-21, the prime contractor on a taxable contract must guarantee the taxes due — and a contractor domiciled outside Mississippi must either post a surety bond or prepay the tax before starting work. The bond covers sales, use, income, franchise, withholding, and special (diesel) fuel taxes on the contract.

Rather than bond each job separately, a contractor can file a blanket bond on Form 72-442. It is written in an amount large enough to cover the aggregate tax liability on all contracts outstanding at any one time — the Department of Revenue’s guidance uses a factor of at least 4% of that aggregate contract value. The blanket bond’s effective date must precede the start of the contracts it covers.

It is not insurance for you. If the surety pays the Department on unremitted contract tax, you repay the surety. Confirm the exact required amount with the Department of Revenue — enter it and pricing is 1% of the bond amount, $100 minimum, with the application collecting no credit check up to $10,000.

Miss. Code §27-65-21 (DOR Form 72-442, blanket bond)Under Miss. Code §27-65-21, the prime contractor on a taxable Mississippi construction contract must guarantee the sales, use, income, franchise, withholding, and special (diesel) fuel taxes due; a contractor domiciled outside Mississippi must post a surety bond or prepay the tax before commencing work. A blanket bond (DOR Form 72-442) may be filed in an amount sufficient — generally using a factor of at least 4% — to cover the aggregate tax liability on all contracts outstanding at one time, with an effective date prior to those contracts. Confirm the required amount with the Department of Revenue.

You need this bond if you are

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A nonresident prime contractor on a taxable Mississippi construction contract
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Bonding multiple jobs at once with a single blanket bond instead of job bonds
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Avoiding prepaying the tax by guaranteeing it with surety instead
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Renewing or increasing a blanket bond as your outstanding contract value grows
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with the Department of Revenue. Submit the executed blanket bond (Form 72-442) to the Mississippi Department of Revenue. Wet-ink originals mailed whenever the Department insists.

What sets the price

The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

No credit check up to $10,000. Above that, the carrier may run a soft pull, which never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued on the spot.

Submit the application with the bond amount the Department of Revenue requires — the executed blanket bond is generated instantly, ready to file.

Start the application →
FAQ

Common questions.

How much is the Mississippi contractor tax bond?Our premium is 1% of the bond amount, with a $100 minimum. The bond amount itself is set by the Department of Revenue — for a blanket bond, generally at least 4% of the aggregate value of contracts outstanding at any one time. Enter that figure and your exact price appears at the application.
Who has to file this bond?Chiefly the prime contractor on a taxable Mississippi contract who is domiciled outside the state — under Miss. Code §27-65-21, you either post a bond or prepay the sales and use tax before commencing work. It guarantees sales, use, income, franchise, withholding, and special fuel taxes.
What is a “blanket” bond?Instead of bonding each contract separately, a blanket bond (Form 72-442) covers the aggregate tax liability on all your Mississippi contracts outstanding at one time. Its effective date must precede the start of the contracts it covers.
Is there a credit check?No credit check up to $10,000. Above that, the carrier may run a soft pull, which never affects your score. Most applications approve instantly.
Where do I file it?With the Mississippi Department of Revenue, on Form 72-442. We issue the executed blanket bond ready to submit; wet-ink originals are mailed when the Department requires them.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

Contractor tax bond, issued today.

Pricing from $100. Enter the amount the Department requires and file the same day.

Your premiumfrom $100
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