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Virginia Surety Bonds

Virginia Surety BondsDPOR's $50,000 Contractor Bond

Virginia's Board for Contractors through DPOR gives Class A and Class B contractors a choice: prove your net worth, or post a $50,000 surety bond. For many growing contractors, the bond is the faster path to licensure. Virginia's 2-year license terms mean the bond must align precisely with your license cycle. Beyond construction, Virginia requires bonds for auto dealers, financial services companies, and court filings across 120 circuit courts. We handle every Virginia bond on the correct DPOR or state agency form.

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DPOR Form A501-27BOND
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Official Virginia Requirements

"Class A and Class B contractors who do not meet the net worth requirement may submit a $50,000 surety bond, valid for two years, in place of a financial statement."
Virginia DPOR -- Board for ContractorsVa. Code § 54.1-1106
$50K
Contractor Bond
2 Years
Bond/License Term
1 Day
Typical Approval
120
Circuit Courts

Most-Requested Virginia Bonds

Filed on DPOR forms and accepted by all Virginia agencies

Virginia Contractor Bonds

Starting at $500

Class A and Class B contractors who cannot meet DPOR's net worth requirements must post a $50,000 surety bond on state form A501-27BOND. The bond term is 2 years, matching the license term. Class C contractors are exempt.

  • $50,000 bond amount
  • 2-year term
  • DPOR form A501-27BOND
  • Class A & B only
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Virginia Court Bonds

Quote required

Probate bonds, appeal bonds, and fiduciary bonds for Virginia circuit courts. The Commonwealth has 120 circuit courts across 31 judicial circuits.

  • 120 circuit courts
  • Probate & estate
  • Appeal bonds
  • Fiduciary bonds
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Virginia License & Permit Bonds

Varies by type

Auto dealer bonds, mortgage company bonds, money services bonds, and professional license bonds required by Virginia state agencies including DPOR and the SCC.

  • Auto dealer bonds
  • SCC finance bonds
  • Mortgage bonds
  • Professional licenses
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Virginia Notary Information

Not required

Virginia does not require a standard notary surety bond. Notaries are commissioned by the Secretary of the Commonwealth without a bonding requirement. E&O insurance is available for those who want protection.

  • No bond required
  • SCC commission
  • E&O available
  • Optional coverage
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How to Get Your Virginia Bond

1

Provide Your License Class

Tell us whether you need a Class A or Class B contractor bond, a court bond, or another bond type. Provide your license details and DPOR information.

2

Get Approved

We issue contractor bonds on DPOR form A501-27BOND with A-rated sureties authorized in Virginia. Most bonds are approved the same business day.

3

File with DPOR or Court

Receive your 2-year bond with the correct expiration date (last day of the month). Download immediately or have the original mailed to DPOR.

Serving the Commonwealth of Virginia

Virginia Beach
Norfolk
Chesapeake
Richmond
Newport News
Alexandria
Hampton
Roanoke
Portsmouth
Lynchburg
Fairfax
Arlington

Virginia Surety Bond Questions

DPOR, Board for Contractors, and Virginia-specific rules

Which Virginia contractors need a $50,000 surety bond?
Only Class A and Class B contractors who cannot demonstrate the required net worth need a surety bond. Class A applicants must show net worth of $45,000; Class B applicants must show $15,000. If you fall short of these thresholds, the Department of Professional and Occupational Regulation (DPOR) allows you to post a $50,000 surety bond on form A501-27BOND for the 2-year license term. Class C contractors (projects under $10,000) have no bond or net worth requirement.
What is DPOR form A501-27BOND?
This is the Virginia Board for Contractors' official surety bond form. It must be used for all contractor license bonds filed with DPOR. The bond amount is $50,000, the term is 2 years matching the license period, and the expiration date must fall on the last day of the month. Any surety writing this bond must be authorized to do business in Virginia.
What are the Virginia contractor license classes?
Virginia has three contractor license classes based on project size. Class A covers projects of $120,000 or more (or total value of all projects in a 12-month period of $750,000 or more). Class B covers projects between $10,000 and $120,000. Class C covers projects between $1,000 and $10,000. Only Class A and Class B contractors face the bond-or-net-worth requirement.
Does Virginia require a notary bond?
No. Virginia does not require notaries public to post a surety bond. Notary commissions are issued by the Secretary of the Commonwealth, and the application process does not include a bonding requirement. Notaries may choose to purchase errors and omissions insurance for personal protection.
Do Virginia localities have their own contractor bond requirements?
Yes. Several Virginia cities and counties may impose their own surety bond requirements separate from what DPOR requires. These local requirements can apply to specific trades (electrical, plumbing, HVAC) or specific project types. Check with the local building official in your jurisdiction for any additional bonding requirements.
How much does a Virginia contractor bond cost?
The $50,000 DPOR contractor bond costs $500-$1,500 per 2-year term for applicants with strong credit (700+). That works out to $250-$750 per year. Applicants with credit challenges may pay $2,500-$5,000 for the 2-year term. The cost depends on your credit score, financial history, and business experience.

Official Virginia Resources

Government sources for Virginia bond requirements

DPOR -- Board for Contractors

License classes, bond requirements, and form A501-27BOND

DPOR Form A501-27BOND (PDF)

Official surety bond form for Class A and Class B contractors

Written by BuySuretyBonds.com
Surety bond specialists operating nationwide with direct integrations to Treasury-certified surety carriers. Our platform enables instant approval for license and notary bonds, with 24-48 hour underwriting for commercial bonds. All content is researched from official state and federal sources (.gov) and reviewed by bond industry experts.

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