New Jersey public official bonds.
From $100.
New Jersey local units require a faithful-performance bond from officials and employees entrusted with public money under N.J.S.A. 40A:5-34. The governing body sets the amount by resolution — enter that figure and your exact price, from $100, appears at the application, with one soft credit pull that never affects your score.
Trusted by industry leaders
How much does a New Jersey public official bond cost?
0.35% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Apply to filed bond.
Public official bonds run through a quick review rather than instant issue. Here is the whole thing:
Apply online
Your details, the office, and the bond amount your governing body set — plus a one-time consent to a soft credit pull. That is the application.
Reviewed & approved
An underwriter reviews the position and amount. The soft credit pull informs approval, never the price, and never affects your score.
E-sign & file with the local unit
Pay online and receive the executed bond ready to file with the clerk or chief financial officer. Wet-ink originals mailed whenever the unit insists.
What it is and who needs it.
What the public official bond actually guarantees
Under N.J.S.A. 40A:5-34, every officer or employee of a New Jersey local unit who is entrusted with the receipt, custody, or expenditure of public money — and any other official the governing body requires — must give a bond conditioned on the true and faithful performance of their duties.
It is a three-party arrangement: the official (the principal), the surety carrier, and the local unit (the obligee), with the public as the protected party. If an official misuses or fails to account for public funds, the local unit can recover against the bond — and if the surety pays, it can seek repayment.
The governing body sets the amount, form, and surety by resolution, and may require corporate surety. Because the figure varies by office and by how much money the position handles, you enter the amount in your resolution and your price — from $100 — is set from that amount and a soft credit pull that never affects your score.
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 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
E-sign & file with the local unit. Pay online and receive the executed bond ready to file with the clerk or chief financial officer. Wet-ink originals mailed whenever the unit insists.
What sets the price
The premium is 0.35% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, then a quick review.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and the bond is typically issued within 1–2 business days.
Start the application →Common questions.
Other New Jersey bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
File your official bond this week.
From $100. Enter the amount in your resolution and file within 1–2 business days.