Nevada contractor bond requirements

Every Nevada contractor's license requires a license bond or cash deposit. There is no fixed table: the Nevada State Contractors Board sets the amount at license approval, between $1,000 and $500,000 (NRS 624.270), considering the license type, monetary limit, financial responsibility, experience and character of the applicant.

• The surety must be authorized in Nevada and rated “A” or better.
• A cashier's-check cash deposit can replace the surety bond.
• Residential pool and spa contractors post an additional consumer-protection bond of $10,000–$400,000.
• Under AB 39 (effective Oct 1, 2023), down payments on owner-occupied residential work cannot exceed $1,000 or 10% of the contract (whichever is less) unless the contractor posts a $100,000 Consumer Protection Bond.

Source: Nevada State Contractors Board – Bonds; NRS 624.270. Confirm with the Nevada State Contractors Board before buying a bond.

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