The Nevada Indemnity Bond is required by the Public Utilities Commission. This requirement is for those granted a Certificate of Public Convenience to either provide a resold prepaid competitive basic intrastate inter-exchange telecommunications services within the state or to provide intrastate inter-exchange telecommunications. The amount of the bond is either $1,000 or $5,000.
What is the purpose of a Nevada Indemnity Bond – Public Utilities Commission?
The bond states that, if the bondholder is granted a certificate of public convenience to provide intrastate telecommunications services within the State of Nevada, they shall fully and faithfully comply with applicable provisions of NAC 704.7472 in all respects.
The bond shall be used to return customer deposits and advance payments to individuals who have paid for the services of the principal if the principal (applicant) is unable to provide such services.
Where can I get a Nevada Indemnity Bond – Public Utilities Commission?
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.