AZ Contractor License Bond

[Mother Bond]

In Arizona, they require a certain bond amount depending on your anticipated gross volume. If I start out with a certain bond amount, but it turns out I've underestimated our gross volume... will I be able to increase the bond amount later in the year?

[Surety Queen]

Originally Posted by Mother Bond

In Arizona, they require a certain bond amount depending on your anticipated gross volume. If I start out with a certain bond amount, but it turns out I've underestimated our gross volume... will I be able to increase the bond amount later in the year?

Absolutely - all we would need is documentation from the State that the bond needs to increase. There will be additional premium due.