Category: Uncategorized

How to Get a Lottery Agent License in Arkansas

Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your lottery bond needs. How Do I Get a Lottery Agent License? If you are interested in becoming an Arkansas Scholarship Lottery (ASL) retailer, you’ll need to call ASL Sales at 501-683-1884 or Retailer Licensing at 501-978-3950 to obtain an application. What Does the Licensing Process Involve? The application package includes several forms that must be filled out and submitted for the application to be considered complete—a landlord approval form, record check form, fingerprint verification form, and electronic funds transfer form. In addition to completing and submitting an application, applicants for a retail lottery license in Arkansas must either be approved to participate in the ASL’s Self-Bond program or obtain a surety bond or deposit interest-bearing or accruing securities with the ASL. ASL will let every applicant know whether or not they are eligible for the self-bonding option, which involves a $50 per month payment to ASL for each of the retailer’s locations. If a surety bond is required, ASL will inform the...

Read more

Hawaii Auto Dealer License Guide

Hawaii Auto Dealer License Guide In this article, we’ll walk you through everything you need to get a Hawaii car dealer license. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. Our expert agents are ready to assist with all your Hawaii car title bonds needs. What Are the Different Types of Hawaii Auto Dealer Licenses? The Hawaii Department of Commerce and Consumer Affairs, Professional & Vocational Licensing Division, licenses all the state’s motor vehicle dealers. However, the license types and licensing procedures vary depending on whether the dealer will be operating in Honolulu County or on another island. The three main categories are new vehicle dealers, used vehicle dealers, and auction dealers, with the new and used vehicle categories subdivided into licenses for Honolulu dealers and licenses for dealers on other islands. Auction dealer licenses are the same for all islands.  This article focuses on the most common license type—Honolulu licenses for used vehicle dealers.    What Are the Steps in the Licensing Process? You can download the application for a Hawaii used vehicle dealer license, which includes instructions for completing it and a checklist of required documents. Among those...

Read more

Delaware Contractor License Requirements

In this article, we’ll walk you through everything you need to understand the Delaware contractor license requirements. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. Our expert agents are ready to assist with all your contractor licensing needs. What Are Different Types of Delaware Contractor Licenses? In Delaware, the state’s Department of Revenue issues contractor licenses. All general contractors working in Delaware, both resident and nonresident, need to register with the Delaware Division of Revenue. However, they do not need licensing at the state level.  Only contractors who do not maintain a regular place of business in Delaware need to obtain a general contractor license.  However, several municipalities have their own licensing requirements for general contractors. You’ll need to find out what licensing requirements exist in the areas where you do business. Contact us for further assistance. What Are the Steps in the Licensing Process? Local licensing requirements vary, but applicants for a general contractor license at the state or local level typically need to: Register with the Department of Labor Purchase Workers’ Compensation insurance if they have employees Apply for a business license Purchase a contractor’s license bond (non-resident...

Read more

Hawaii Contractor License Requirements

In this article, we’ll walk you through everything you need to understand Hawaii’s contractor license requirements. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. Our expert agents are ready to assist with all your contractor licensing needs. What Are the Different Types of Hawaii Contractor Licenses? Hawaii’s Department of Commerce and Consumer Affairs (DCCA), Professional and Vocational Licensing Division has a Contractor Licensing Board who issues three main types of contractor licenses, with multiple subtypes. General engineering contractor General building contractor Specialty contractor What Are the Steps in the Licensing Process? Contractor licensing requirements include: Registering your business with DCCA’s Business Registration Division (BREG) unless you’re a sole proprietor, in which case you need provide only your social security number Providing a compiled, reviewed, or audited financial statement no more than 12 months old with a report from an independent accountant Furnish a complete 5 year credit report  For a business that’s more than one years old, you must provide a current Hawaii State Tax Clearance issued within the last six months Documentation showing at least four years of experience as a construction supervisor For sole proprietors, passing the Hawaii...

Read more

Colorado Contractor License Requirements

In this article, we’ll walk you through everything you need to understand the Colorado contractor license requirements. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. Our expert agents are ready to assist with all your contractor licensing needs. What Are the Different Types of Colorado Contractor Licenses? Colorado is one of the few states in which it does not license general contractors at the state level. They may, however, need a local license or permit in the municipalities where they work.  There are several classes of general contractor licenses in Colorado, the most commonly required one’s being: Class A which are combination vehicles. These vehicles have a gross combination weight rating or GCWR of 26,001lbs or more. Class B which are trucks and light combinations. These too must have a GCWR of 26,001lbs or more, or be any towing vehicle that is not less than 10,000lbs.  Class C vehicles are less than 26,001lbs and are a single vehicle. OR combination of vehicles that don’t meet the definition of A or B, however, these must transport 16 or more passengers (driver included). OR they placarded the vehicle for carrying hazardous material. ...

Read more

Wyoming Car Dealer License Guide

In this article, we’ll walk you through everything you need to get a Wyoming car dealer license. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. Our expert agents are ready to assist with all your Wyoming car dealer license bond needs. Different Types of Wyoming Vehicle Dealer Licenses Wyoming’s Department of Transportation, Motor Vehicle Services, issues dealer licenses in four categories:  Dealers selling new vehicles Dealers selling fewer than 12 used vehicles a year Dealers selling 12 or more used vehicles per year The manufacturers.  The process is much the same when applying for a license in any of these categories. What Are the Steps in the Licensing Process? In preparation for completing and submitting an application for a Wyoming car dealer license you will need to: Register your dealership with the IRS and the Wyoming Secretary of State’s Office and obtain a Wyoming sales tax number. Secure a permanent location for your dealership and receive zoning approval. Have your fingerprints taken by your local law enforcement agency. Purchase a $35,000 Wyoming car dealer bond. Refer to the WYDOT checklist for a complete list of application requirements. You’ll need to...

Read more

Wisconsin Car Dealer License Guide

In this article, we’ll walk you through everything you need to get a Wisconsin car dealer license. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. Our expert agents are ready to assist with all your Wisconsin car dealer license bond needs. What Are the Different Types of Wisconsin Car Dealer Licenses? The Wisconsin Department of Transportation issues a dozen types of motor vehicle dealer licenses differentiated by the vehicles sold (cars and trucks, moped, motorcycles, RVs), and who is doing the selling (salvage dealer, wholesale dealer, retail dealer, etc.).  This article focuses on the process of obtaining a retail vehicle dealer license permitting the sale of vehicles to the public.  What Are the Steps in the Licensing Process? Before you print and complete your license application, you’ll need to accomplish the following: Establish a permanent business location that meets DOT requirements and obtain a local zoning permit Register your business with the Wisconsin Department of Revenue to get a sales tax seller permit Apply for a local business permit Enter into an agreement with a local service facility (unless you will have your own service department) Pay all required fees...

Read more

Contractor’s License Requirements in New Mexico

In this article we will be talking about the requirements needed to obtain a contractor license in the state of New Mexico. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your New Mexico contractor license bond needs. What Contractor Licenses Are Issued in New Mexico? New Mexico licenses both general and specialty contractors at the state level, through the Construction Industries and Manufactured Housing Division (CID) of the New Mexico Regulation & Licensing Department. However, license applications are submitted to and processed by PSI, which provides online services to CID and administers the required exams. If you’re not certain which type of license you need to obtain, you can complete a Classification Determination Request, which is available on the PSI website along with the Contractor License application form. What Are the Steps in the Licensing Process? Before you even submit a license application, you’ll need to provide PSI with an Affidavit of Experience bearing the notarized signatures of those attesting to your work experience. PSI must review the affidavit and approve...

Read more

What is the Federal Miller Act?

In this article, we’ll walk you through everything you need to know about the Federal Miller Act.  Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. Our expert agents are ready to assist with all your Miller Act bonding needs. What Is the Purpose of the Federal Miller Act? In 1935 the federal government passed the Miller Act. This was to provide financial protection for the federal government and the subcontractors/suppliers working on taxpayer-funded construction projects valued at more than $100,000.  Specifically, the Miller Act ensures completion of a federal project in the event of the contractor’s failure to live up to contractual requirements. It also ensures that subcontractors and suppliers are paid in the event of the contractor’s default. What Does the Federal Miller Act Require? The Federal Miller Act provides financial protection by requiring construction contractors to purchase a payment bond and a performance bond. This is for the guarantee of contract completion and fulfillment of contractual payment obligations.  In addition to providing a source of funds for compensating parties financially affected by the contractor’s nonperformance or nonpayment, the underwriting scrutiny—necessitated by the bonding requirement—helps ensure that only highly...

Read more

Contractor’s License Requirements in Missouri

In this article we will review the requirements you need to obtain a contractor’s license in the state of Missouri. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your Missouri contractor license bond needs. What Contractor Licenses Are Issued in Missouri? Missouri does not license general contractors or specialty contractors at the state level. The only licensing of general and specialty contractors occurs at the local level, though not all counties or municipalities have licensing requirements. What Are the Steps in the Licensing Process? Just as licensing requirements vary by locality, so does the licensing process. And there are certain basic prerequisites for operating a contracting business in Missouri that apply regardless of location. Specifically, you’ll need to register your business with the Missouri Secretary of State, obtain state and local tax ID numbers, purchase general liability insurance and, if you have employees, workers’ compensation insurance as well. Some local licensing authorities also require applicants to provide a Missouri contractor license surety bond.  For example, Joplin requires a $10,000 contractor license...

Read more