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License & permit · Alaska

Alaska Construction Contractors Bond

Alaska construction contractors and home inspectors must post a bond or deposit with Corporations, Business and Professional Licensing under AS 08.18.071. The statute sets the amount by registration class: $25,000 for a general contractor, $20,000 for a general contractor with a residential endorsement who does only residential work, $10,000 for mechanical contractors, specialty contractors, and home inspectors, and $5,000 for contractors limited to projects of $10,000 or less. The bond runs to the state and is conditioned on taxes and contributions, labor and material claims, and judgments for negligent or improper work, breach of contract, or damage to public facilities. Applicants may file a cash deposit or other negotiable security instead of a surety bond. Coverage stays in force until cancelled, and claims generally must be brought within three years after cancellation. CBPL Form 08-4954 explains naming and thirty-day documentation timing for new licenses, name changes, and renewals.

Who requires it

Alaska Division of Corporations, Business and Professional Licensing — Construction Contractors

Common bond amount

$5,000–$25,000

By registration class under AS 08.18.071; cash deposit or negotiable security may substitute.

How you file

File with CBPL; surety bond, or cash / negotiable security deposit

Renewal

Stays in force until cancelled; continuation certificate OK on renewal; claims for 3 years after cancel

Who requires it

Applicants for and holders of Alaska construction contractor or home inspector registrations under AS 08.18 filing with CBPL Construction Contractors.

How much is required

Match the AS 08.18.071 class you are registering: general contractor $25,000; exclusively residential work under a residential endorsement $20,000; mechanical, specialty, or home inspector $10,000; handyman / projects of $10,000 or less $5,000. Changing class means changing the amount.

How to get and file it

Confirm your registration class and the matching amount, have an authorized surety issue a bond in the exact legal name (and DBA, if required) shown on the license application, or arrange the cash-deposit alternative, and file current proof with CBPL. Documentation confirming active coverage must be generated within thirty days of when the division receives it. Keep the bond or deposit in force for the life of the registration. On renewal, CBPL accepts bond continuation certificates showing the coverage is still active. The statute keeps the bond effective until cancelled; after cancellation, claims are limited to three years. Replace coverage before any gap if the surety cancels.

Cost note

The classification figure is the required bond amount, not the premium you pay. A cash deposit of the same amount may replace the surety. See bond amount vs premium. Bond amount vs premium →

Requirement checklist

General contractor
$25,000
GC with residential endorsement (exclusive residential work)
$20,000
Mechanical, specialty, or home inspector
$10,000
Handyman (projects of $10,000 or less)
$5,000
Alternative security
Cash deposit or other negotiable security in the same amount

Frequently asked questions

Does a home inspector use a different statute than contractors?

Home inspectors are under the same AS 08.18 bonding section. The amount for home inspector registration is $10,000—the same as mechanical and specialty contractors.

Can I deposit cash instead of buying a surety bond?

Yes. AS 08.18.071 allows a cash deposit or other negotiable security in place of the surety. Confirm CBPL’s current deposit instructions before filing.

Related Alaska bond guides

Surety basics (not repeated here)

Universal surety concepts explained once—linked here instead of repeated on every state or bond page.

Continue with a Alaska application

Alaska will be preselected. Choose your bond type in the application—we confirm the correct product against your agency form before anything is issued.

Last verified 2026-08-12. This guide is based on verified educational content and official sources.

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