What a permit bond is
Some cities and counties require a bond before they issue a building or work permit. It guarantees you'll follow local codes and the permit conditions, and pays the agency if you don't, for example if public property is damaged.
In Nevada
Nevada has no statewide statute requiring a surety bond as a universal condition of building or work permits. Cities and counties set their own requirements. The City of Reno, for example, requires a $5,000 surety bond from any contractor excavating, grading, or paving in a public street under Reno Municipal Code § 12.08.090; the bond remains in effect for three years after the permit conditions are satisfied.
- NRS § 624.270 requires contractors to file a surety bond with the Nevada State Contractors Board ($1,000–$500,000) as a condition of a contractor license; that is a license bond, not a project permit bond.
- Contractors should verify bond requirements directly with the applicable city or county permitting office before starting work.
You need this bond if you're
- A contractor pulling permits where the city or county requires a bond
- Demolition and house-moving contractors
- Sign, sewer and grading contractors
- Owner-builders in some jurisdictions
What the surety looks at
Basic business details and credit.