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Electrical Contractor Package Minnesota  Form

Electrical Contractor Package Minnesota Form

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Instructions and help about Electrical Contractor Package Minnesota

what is a minnesota electrical contractor bond a contractor license bond is a government required surety bond that protects the public from financial harm if the contractor fails to comply with licensing regulations the limit on the minnesota electrical contractor bond is 25 000 the bond is required for all electrical contractors operating in the state and is regulated by the minnesota department of labor and industry contractors are required to purchase this bond as a prerequisite to obtaining their electrical contractor license so how much does the bond cost the bond costs just 250 dollars per year and no credit check is required so how can contractors avoid claims made against the bond in order to avoid claims made against the bond contractors must ensure not to engage in any acts of fraud and to honor all contractual agreements so what are the insurance requirements for electrical contractors in minnesota electrical contractors must purchase and maintain a twenty five thousand doll

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