Mississippi Contractor License Bond$2,000-$10,000 Municipal

Mississippi does NOT require a state-level contractor license bond. Bonding is regulated at the local/municipal level. However, you DO need a State Certificate of Responsibility from the Mississippi State Board of Contractors (MSBOC) for commercial and residential construction work. Local municipalities like Jackson, Tupelo, and Hattiesburg require bonds ranging from $2,000-$10,000.

Mississippi municipal contractor bonds typically cost $50-$300 annually depending on the bond amount and your credit. A $5,000 Jackson contractor bond costs approximately $75-$150 with good credit. The $10,000 Tupelo bond costs $100-$300. Tax bonds for larger contracts are priced based on contract value.

Major Mississippi cities requiring contractor bonds include: Tupelo ($10,000), DeSoto County ($10,000), Jackson ($5,000), Brandon ($5,000), Clinton ($5,000), Ridgeland ($5,000), Greenwood ($5,000 for specialty trades), and Hattiesburg ($2,000). Always verify current requirements with local building departments.

Mississippi requires tax bonds for certain contractors: Those WITH a Mississippi business location need a tax bond for contracts over $75,000. Those WITHOUT a Mississippi location need a tax bond for contracts over $10,000. This bond ensures payment of Mississippi sales and use taxes.

To obtain a Certificate of Responsibility from MSBOC: (1) Apply to the State Board of Contractors, (2) Meet experience requirements for your classification, (3) Provide financial statements, (4) Obtain liability insurance ($300,000/$600,000 for commercial), (5) Submit workers compensation certificate, (6) Pay applicable fees. The certificate is required for commercial and residential construction.

Mississippi manufactured housing contractors must post surety bonds: $25,000 per licensed facility, or a minimum of $50,000 if you have 3 or more facilities. This is in addition to any local municipal bond requirements and MSBOC certification.