The City of Kingsport requires every electrical contractor to post a $10,000 performance bond with the Building Division to open a contractor account. Ours is $300 flat — 3% of the bond amount, identical for every contractor — and the application is five minutes with no credit check.
















Performance bonds for a contractor account are simple. 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.
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 Kingsport contractor-account application at the Building Division (415 Broad St). 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 Kingsport licenses trade contractors through its Building Division, and conditions an electrical contractor account on a $10,000 performance bond. It goes in the same packet as your TN state LLE license, business license, and a certificate of insurance naming the City of Kingsport as certificate holder.
The bond is a code-and-performance guarantee: you (the principal), the surety carrier, and the City of Kingsport (the obligee). It stands behind your compliance with the city’s electrical code and the proper performance of your permitted work within city limits.
It is not insurance for you — if the surety pays a claim, you repay the surety. Contractors who pull permits and work to code treat the bond as an account formality. We track it and notify you 60 and 30 days out so your account stays in good standing.
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.