City of Magee contractor license bonds.
$275. Five minutes.
The City of Magee requires contractors to post a $5,000 bond as a condition of its local contractor license. Ours is $275 flat — the minimum premium, since 3% of $5,000 is below it — and the application takes about five minutes.
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Three steps. One sitting.
Contractor license bonds are the simplest thing in surety. Here's the whole process:
Apply online
Business details and an effective date. That's the application — no financials, no credit check section.
Pay & e-sign
Small fixed-amount license bonds like this typically issue right after purchase. At most, 1–2 business days.
File with the City of Magee
Your executed bond arrives by email, ready to file with your City of Magee contractor license application. Wet-ink original mailed on request.
The whole pricing page.
$5,000 bond × 3% = $150, below the $275 minimum — so the price is $275 per term.
What it is and who needs it.
What the bond actually guarantees
A contractor license bond is a compliance guarantee to the city. The City of Magee conditions its local contractor license on this bond so there's a financial backstop that you'll follow the city's building codes, permit rules, and ordinances when you work inside city limits.
It's a three-party arrangement: you, the contractor (the principal), the surety carrier, and the City of Magee (the obligee). If you violate the city's contractor requirements and the city or a harmed party suffers a covered loss, they can recover against the bond up to $5,000.
It is not insurance for you — if the surety pays a claim, you repay the surety. Contractors who pull permits and build to code treat the bond as a license formality, not a risk.
You need this bond if you are
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 →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the City of Magee contractor license bond? +
Do I pay the $5,000? +
How fast will I have the bond? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
Finish your Magee license checklist today.
$275 flat, five-minute application, bond often issued in the same sitting. Free until issued.