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Alaska Surety Bonds

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Contractor License Bonds increased in Alaska

Effective January 1, 2015, Senate Bill 193, signed into law on July 11, 2014 by Alaska Governor Sean Parnell, increases the required construction contractor bonding amounts as follows:

  • (1) general contractor shall be $25,000;
  • (2) general contractor with a residential contractor endorsement under AS 08.18.025 who performs exclusively residential work shall be $20,000;
  • (3) mechanical or specialty contractor or home inspector shall be $10,000; or
  • (4) contractor whose work on one project with an aggregate contract price of $10,000 or less, including all labor, materials, and other items, when the work is not part of a larger or major operation or otherwise divided into contracts of less than $10,000 to evade a higher bonding requirement, shall be $5,000."


or Click Here for the PDF Application:
 

  • Janitorial Service Bond, Signed
  • L & P Bond, Signed
  • Lost Instrument Bond, Signed
  • Name Schedule Fidelity Bond
  • Notary Public E&O Group Policy, Signed
  • Official Bond and Oath (All State), Signed
  • Power of Attorney (Irrevocable/R-Series)
  • Public Official Position Schedule Bond
  • AK (Anchorage) Pawnbroker
  •  AK Collection Agency Bond, signed
  • AK Construction Contractor, signed
  • AK Insurance Producer Bond, unsigned
  • AK MVD/Buyer's Agent Surety Bond, unsigned
  • AK Notary E&O Policy, Signed
  • AK Notary Public Bond, Signed
  • AK Official Bond & Oath of Office
  • AK Process Server (Individual)
  • AK Tax Preparers' Professional Liability Policy
  • AK Vehicle Title Surety Bond, Signed
*POOR CREDIT - NOT A PROBLEM
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                        PENSION TRUST / ERISA SURETY BOND
Bond Amt 3 yr Term Premium   Bond Amt 3 yr Term Premium
$5,000 $100   $90,000 $239
$10,000 $100   $95,000 $245
$15,000 $108   $100,000 $250
$20,000 $117   $125,000 $263
$25,000 $129   $150,000 $277
$30,000 $140   $175,000 $290
$35,000 $150   $200,000 $303
$40,000 $160   $225,000 $313
$45,000 $170   $250,000 $327
$50,000 $179   $275,000 $347
$55,000 $188   $300,000 $367
$60,000 $197   $350,000 $387
$65,000 $206   $375,000 $397
$70,000 $214   $400,000 $407
$75,000 $221   $450,000 $427
$80,000 $228   $500,000 $450
$85,000 $234      
 
  Bonds written in $5000 increments. Quote will be provided for amounts differing from above
  ERISA Bond Information and On Line Application
Qualified Assets:
Qualifying plan assets are those held by a financial institution, such as a bank, insurance company, 
broker/dealer or regulated entity, mutual funds, participant loans, qualifying employer securities and self directed individual account plans.

NON Qualified Assets:
Non-qualifying plan assets are those not held by a bank or financial institution. For instance, 
a limited partnership, artwork, collectibles, mortgages, real-estate and securities of "closely held" companies are examples of non-qualified plans.
 
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