The City of Sioux Falls requires commercial building contractors to file a $10,000 compliance bond with its Building Services division as a condition of the contractor license. Ours is $300 flat — 3% of the $10,000 bond amount — and the application is five minutes with no credit check.
















Contractor license bonds are about the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit check section, no follow-up scavenger hunt.
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond arrives by email, ready to file with your City of Sioux Falls commercial contractor license application or renewal. Wet-ink original mailed on request.
$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.
The City of Sioux Falls licenses contractors through its Building Services division and conditions a commercial building contractor license on a $10,000 compliance bond. The bond is a public-protection guarantee: it stands behind the faithful and lawful completion of your work in the city and your compliance with Sioux Falls' building code and licensing ordinance.
It's a three-party arrangement: you (the principal), the surety carrier standing behind you, and the City of Sioux Falls (the obligee), with property owners and the public as the protected parties. If a contractor abandons a project, violates the building code, or breaches the license ordinance, the city or a harmed party can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond must be written by a corporate surety authorized to transact business in South Dakota and stay in force for the life of your license, so we track it and notify you 60 and 30 days out.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.