City of Magee contractor license bonds.
$100 flat.
The City of Magee requires contractors to post a $5,000 bond as a condition of its local contractor license. Ours is $100 flat — the price set by our carrier for this bond. The bond issues the moment you pay — no credit check.
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How much does a City of Magee contractor license bond cost?
$100 at the $5,000 amount, the same for every applicant.
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 is the application. No credit check.
Pay & e-sign
Small fixed-amount license bonds like this typically issue right after purchase.
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.
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
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 $5,000 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; a longer term is the same price per year, chosen at checkout.
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 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.
What sets the price
The premium is fixed at $100 at the $5,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. No credit check.
Start the application →Common questions.
Other Mississippi bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your Magee license checklist today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.