The application fee is dictated by statute and calculated based on the company’s Aggregate Work Capacity (AWC). The AWC is the dollar amount of work a company can cover per the bonding company’s assessment of the company’s financials and assets.
The fee covers the review of the application and is non-refundable. The renewal fee is one-half (1/2) of the initial application fee. To be eligible for the renewal fee, applicants must submit application within the 90-day period before expiration. Pay the fee with American Express, MasterCard, or Visa on the application portal, CT Gateway.
During the prequalification period, companies can:
- Increase their AWC at any time and the additional fee will be prorated
- Add classifications at no additional cost; evaluation requirements apply. See Classification Requirements for details
Fees per Aggregate Work Capacity Requested
- $ 5,000,000 - or less
- Initial fee: $600
- Renewal fee: $300
- $ 5,000,000.01 - $ 8,000,000
- Initial fee: $750
- Renewal fee: $375
- $ 8,000,000.01 - $ 10,000,000
- Initial fee: $850
- Renewal fee: $425
- $ 10,000,000.01 - $ 15,000,000
- Initial fee: $1,000
- Renewal fee: $500
- $ 15,000,000.01 - $ 20,000,000
- Initial fee: $1,500
- Renewal fee: $750
- $ 20,000,000.01 - $ 40,000,000
- Initial fee: $2,000
- Renewal fee: $1,000
- $ 40,000,000.01 - or more
- Initial fee: $2,500
- Renewal fee: $1,250
