Township of Medford contractor bonds.
$100 flat.
The Township of Medford, NJ requires a $10,000 construction contractor bond as a condition of working under its permits — ours is $100 flat, the price you see is the checkout price. The bond issues the moment you pay — no credit check.
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How much does a Township of Medford contractor bond cost?
$100 at the $10,000 amount, the same for every applicant.
Three steps. One sitting.
Municipal license bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That is the application. No credit check.
Pay & e-sign
Bonds like this are among the thousands of bond types that issue right after purchase.
File with the Township
Your executed bond and power of attorney arrive by email, ready to file with the Township of Medford. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A construction contractor bond filed with the Township of Medford is a compliance guarantee — that you'll work in accordance with the Township's ordinances and permit conditions, and restore any public property you disturb.
It's a three-party arrangement: you (the principal), the surety carrier, and the Township of Medford (the obligee). If you fail to meet the Township's requirements, Medford can recover against the bond up to the $10,000 penal sum.
The bond is on statutory renewal dates. Let it lapse and the Township can suspend your ability to pull permits — so we track it and notify you 60 and 30 days out, keeping your $10,000 filing continuous.
You need this bond if you're
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 $10,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The bond runs to December 31 whatever day you buy; the premium covers the period to that date.
Renewal falls on the statutory date, December 31, in the year your term ends.
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 Township. Your executed bond and power of attorney arrive by email, ready to file with the Township of Medford. Wet-ink original mailed on request.
What sets the price
The premium is fixed at $100 at the $10,000 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 New Jersey bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your Medford filing today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.