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  1. Join Date
    Oct 2006
    Posts
    86

    Contractor License vs. Contract Bond

    What is the difference between a Contractor License Bond and a Contract Bond?

  2. Join Date
    Jan 2005
    Posts
    755

    A contract bond bonds a specific contract, and is a cateogory of surety bonds, not a specific type.

    A contractor license bond falls under the commercial bond category and guarantees a license filed with a local or state government.

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