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Commonly Asked Questions about Texas Contractor Packages

Texas does not currently have reciprocity agreements with any other state modular construction programs.
The type of bond you may need to take out. In Texas, most contractor license bonds range between $5,000 to $25,000. These bonds are typically taken out to get a license, or to get a permit to work on a project. The cost of your bond will depend on the amount youre taking out, as well as your credit score.
Texas Handyman Limitations Most states put a financial limit on what you can do without a contractors license usually limiting jobs to $500, $1,000, or even $3,000. However, in Texas, that isnt the case. There are currently no limits on job size for unlicensed contractors.
Business Insurance for Contractors in Texas Operating as a contractor anywhere in the Lone Star state requires that you hold sufficient insurance to indemnify you against certain forms of financial liability.
Texas Private Prompt Payment Act Chapter 28 of the Texas Property Code, commonly known as the Prompt Payment Act, requires the owner of a private project to pay the general contractor within 35 days of an invoice being submitted.
Becoming a general contractor in Texas is extremely easy. Because the state doesnt require a license, there are no age, experience, or educational requirements. However, you will have to register your business with the state or county, depending on your business structure.
Independent Contractor Salary in Texas Annual SalaryHourly Wage Top Earners $76,395 $37 75th Percentile $58,700 $28 Average $48,498 $23 25th Percentile $34,900 $17
To get licensed, applicants must pass an exam, obtain insurance, and complete the license application form. Applicants must first submit their application and meet the remaining requirements and will be contacted to take the exam, once their application is reviewed. The filing fee for the license is $115.