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All contractors, partnerships, and corporations that solicit, bid on, or perform residential contracting as a contractor or subcontractor on an existing one to four unit owner occupied residential property in Massachusetts must be registered as a Home Improvement Contractor (HIC).
Elements of a Construction Contract Name of contractor and contact information.Name of homeowner and contact information.Describe property in legal terms.List attachments to the contract.The cost.Failure of homeowner to obtain financing.Description of the work and the completion date.Right to stop the project.
Anyone who wants to operate as a general contractor in Massachusetts needs a Massachusetts Construction Supervisor License?either restricted or unrestricted. Learn how to get a contractor's license in Massachusetts below, and work with Surety Bond Professionals to get a contractor license bond.
Contractors are generally required to obtain a contractor license bond as part of the process of becoming licensed by the Massachusetts State Board of Building Regulations and Standards.
Who needs to register as a home improvement contractor? Any individual or any company that solicits, bids on, or performs residential contracting as a contractor or subcontractor on an existing one- to four-unit, owner-occupied primary residence in Massachusetts must register as a home improvement contractor.
Massachusetts surety bond costs primarily depend on your personal credit score and the type of bond for which you've applied. Those individuals with excellent credit should expect an annual premium of 1-3% of the bond amount. Those individuals with bad credit can expect an annual premium of 4-15% of the bond amount.
Who needs to register as a home improvement contractor? Any individual or any company that solicits, bids on, or performs residential contracting as a contractor or subcontractor on an existing one- to four-unit, owner-occupied primary residence in Massachusetts must register as a home improvement contractor.
Any deposit required to be paid in advance of the start of the work cannot exceed one-third of the total contract price or the actual cost of any material or equipment of a special order or custom made nature, which must be ordered in advance of the start of the work to assure that the project will proceed on schedule.
All three licenses require at least three years of proven field work and cost $150 for the initial license, $100 to take the exam, and $100 every three years for renewal.
Massachusetts Contractors License Application Determine the type of license you are applying for. Verify your work experience, including documentation. Submit exam registration form. Complete and pass exams. Pay administrative fees. Submit passing exam scores to the State Board of Building Regulations and Standards.