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Arkansas construction contractor license bond

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The document is a Contractors Package from U.S. Legal Forms, Inc., specifically designed for use in Arkansas. It includes various legal forms essential for managing construction projects, such as contracts, change orders, safety plans, and customer feedback surveys. The package aims to assist contractors, owners, and subcontractors in addressing legal issues that may arise during construction. Additionally, it provides tips for completing the forms and includes a disclaimer regarding the use of the materials.

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What is required to get a contractors license in Arkansas?

A $100 filing fee. Three references who can verify work experience and arent related to you. A $10,000 contractors bond (for commercial license applicants only) Passing scores on the Arkansas contractors license test (which includes a business and law section)

What do you have to do to get a contractors license in Arkansas?

For a contractors license, Arkansas generally requires the following: A completed application for the specific license type. A $100 filing fee. Three references who can verify work experience and arent related to you. A $10,000 contractors bond (for commercial license applicants only)

What is a bond in lieu of financial statement in Arkansas?

The states official bond form is titled the Arkansas Surety Bond in Lieu of Financial Statement and specifically benefits any person damaged by an act of omission of a licensed contractor who performs construction or breaches their construction contract while furnishing labor, materials, or professional services.

What states reciprocity with Arkansas contractors license?

The Contractors Licensing Board State of Arkansas provides contractor license reciprocity with Tennessee, Mississippi, Alabama, and Louisiana (read more info from the ACLB). Arkansas provides reciprocity for electrical contractors, but the availability depends on their classification.

How do I become an independent contractor in Arkansas?

The requirements are: Complete the application via the application page. Submit a $100 check made out to the Contractors Licensing Board. Supply three non-supplier or banker references on forms provided in the application. Take and pass the Arkansas Business and Law test and provide a copy of the score.