The contractor license bonding requirement applies only to contractors who fall into one or more of the following categories:
- Contractors delinquent in their payments of debt or other obligations, including income taxes, workers’ compensation insurance premiums, liability insurance premiums, payroll withholding, unemployment insurance premiums, Residence Lien Recovery Fund contributions, credit cards, bank loans, alimony, and child support from the last two years
- Contractors with bankruptcy in the last seven years or enacted judgments in the last five years
- Contractors whose liabilities exceed the total value of their properties
If any of these apply to you, you will need a Utah contractor license bond in the appropriate amount for your license type:
- General building and general engineering licenses—$50,000
- Residential and small commercial contractors—$25,000
- All other license classifications—$15,000
