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RMO License One of the most common ways that individuals with no experience can have access to a contractor license is through an RMO or RME. RMO stands for Responsible Managing Officer.
The cost of your bond depends on a number of factors. Each city determines their own total amount, but they all vary between $1,000 and $10,000. To get bonded, contractors are required to pay a premium, which is a percentage of the total bond amount.
Submit a $100 filing fee via check made payable to the Contractors Licensing Board. Give three references on the forms provided in the application. Provide proof of a $10,000 contractors bond. Take and pass the Arkansas Business and Law test and provide a copy of the score.
What Do Arkansas Surety Bonds Cost? Surety bonds generally cost 1-15% of the required bond amount. Costs vary docHubly depending on the bond amount you need and your rate (which is the percentage of the full bond amount you must pay).
Submit a $100 filing fee via check made payable to the Contractors Licensing Board. Give three references on the forms provided in the application. Provide proof of a $10,000 contractors bond. Take and pass the Arkansas Business and Law test and provide a copy of the score.
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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)
The cost of your bond depends on a number of factors. Each city determines their own total amount, but they all vary between $1,000 and $10,000. To get bonded, contractors are required to pay a premium, which is a percentage of the total bond amount.
If the type of bond you are getting is required by the state of Arkansas, the surety company will provide the necessary form to file your bond with the secretary of state. The surety company will contact you as to whether you qualify for the bond, often within three days.
The cost of your bond depends on a number of factors. Each city determines their own total amount, but they all vary between $1,000 and $10,000. To get bonded, contractors are required to pay a premium, which is a percentage of the total bond amount.
How to get a General Contractors License in Arkansas? Step 1: Make an Appointment to meet with a State Licensing Board Inspector. Step 2: Submit your License Application Form along with Required Documents. Step 3: Wait for your License. Step 4: Receive your Arkansas General Contractors License.

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