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Alaska2026Passed Legislature

HB181

Changes to Contractor Bond Amounts in Alaska

Last scannedSep 20, 2026, 12:32 AM

In one sentence

This bill updates the required bond amounts for different types of contractors and changes the project price threshold that determines lower bonding requirements.

What it does

  • Sets the bond amount at $25,000 for general contractors.
  • Requires a $20,000 bond for general contractors with a residential endorsement who perform only residential work.
  • Changes the bond requirement to $10,000 for mechanical or specialty contractors and home inspectors.
  • Increases the project price threshold from $10,000 to $20,000 before a lower bond amount applies.

Who it affects

  • General contractors in Alaska
  • Mechanical or specialty contractors
  • Home inspectors

Limits and unknowns

  • The official text does not state when these new bond amounts will officially start.
  • The bill amends existing law but the full context of previous rules is not included in this excerpt.

Official record

Sources

Validated

Official summary

CONTRACTOR BONDS An Act relating to bond requirements for contractors.

Official activity

Bill history

  1. (H) REFERRED TO LABOR & COMMERCE646
  2. (H) L&C646
  3. (H) READ THE FIRST TIME - REFERRALS646