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 Minnesota surety bond needs.
Minnesota Construction & Contractor Bonds
Minnesota’s version of the federal Miller Act requires performance and payment bonds from contractors on public works projects valued at $25,000 and more. Projects valued over $100,000 require higher bond amounts than projects of $100,000 and under.
Minnesota License & Permit Bonds
Many of the professional licenses issued in Minnesota require the purchase of a license and permit surety bond. For example, becoming licensed as a specialty contractor, auto dealer, or mortgage professional all involve obtaining a license and permit surety bond as part of the licensing process.
Minnesota Court Bonds
Two types of court bonds are typically required by courts at all levels of Minnesota’s judicial system—appeal bonds and probate (fiduciary) surety bonds. The former is required in cases appealing a court ruling, especially if contested property is at stake. The latter must be purchased by anyone being appointed as executor of an estate, guardian of a minor, or in any other capacity that involves managing another person’s assets.
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