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Indiana bonds

Lafayette, IN — Contractor License Bond

Lafayette lists a $5,000 bond for general contractors. Its linked Bond Policy also sets different sums by permit type, so the work and actual permit request matter before applying.

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Recorded state
Indiana
Bond type
Contractor License / Registration Bond
Category
Contractors & construction

What this bond does

Provide the City-requested contractor/permit security matching the actual Lafayette work.

Who needs it
Contractors distinguishing the City's General Contractor instruction from electrical-only, utility and right-of-way work.
Who it protects
Use the City-accepted licensing/permit instrument and list all trades covered. This security is separate from required liability insurance and is not automatically a project owner's performance/payment guarantee.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Match the permit and covered trades

The Bond Policy lists $1,000 for electrical-only permits and sidewalk right-of-way work; $5,000 for building, grease-trap, sewer-repair and sewer/water-tap permits; and $10,000 for street-cut/excavation and oversize-vehicle right-of-way permits.

The department's trade headings and policy's permit categories are different ways of describing work. If they leave the actual request unclear, confirm that request rather than assume one trade heading fixes the sum for every permit. The policy names the City of Lafayette as obligee and requires the principal, signatures, bond number, all covered trades, power of attorney and effective/expiration dates.

An original can be hardcopy or an unscanned electronic version

The policy accepts a hardcopy original with raised seals and wet signatures or a non-scanned electronic version. An electronic bond lacking the principal's signature is not valid until printed and signed. Electronic-only continuation certificates are accepted and preferred.

Purchase Now opens Propeller in a new tab. After issuance, verify the actual requested sum, principal, City naming, trades, dates, signatures and power of attorney. Submit the compliant bond through the policy's email or Engineering delivery route. This is separate from any license, permit approval or required insurance.

Sources

Have these ready

  1. Identify the actual permit, covered trades and requested sum.
  2. Have the principal's full name/address and City obligee request.
  3. Check the required power of attorney, effective and expiration dates.
  4. After issuance, complete signatures and submit the policy-compliant original/electronic version.

Questions about this bond

Is $5,000 the requirement for every Lafayette permit?

No. The linked policy has separate $1,000, $5,000 and $10,000 permit categories. Match the actual work and request.

Does original always mean a mailed paper bond?

The policy also accepts a non-scanned electronic version, subject to its signature requirements. It separately accepts and prefers electronic continuation certificates.

Is an unsigned electronic bond ready for filing?

The policy says an electronic version not signed by the principal is not valid until printed and signed.

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