Minority Business Bonding Program

Fees

The applicant shall pay a premium (in advance) for each bond to be issued by the Director not to exceed two percent of the penal sum of the bond. The premium may be adjusted upward or downward if the contract amount is changed by more than the lesser of 5% or $10,000.00.

There is no application fee for application to the Minority Business Bonding Program and there is no fee for bid bonds if the applicant's bid is not successful.

• Program Summary
• Eligibility Requirements
• Other Requirements
• Fees
• Selection Criteria
• Application Procedure
• Application Package (pdf)