If you are a contractor in the State of Louisiana, you may be required by the Louisiana State Licensing Board for Contractors to execute a Louisiana Contractors License Bond for 5% of the contract price with a $1,000 minimum.
Bonds Express offers a Louisiana Contractors License Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Louisiana Contractors License Bond holds you accountable for your business decisions.
By possessing a Louisiana Contractors License Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.