Glossary · Forms & Certificates
Form 74-4023 — Taxpayer Bond for Contractor
In short
The paper instrument a contractor uses to post the taxpayer bond with the Department. Filed with the license application, not online.
In full
Form 74-4023 is the Taxpayer Bond for Contractors — the document by which a contractor actually posts the bond required under A.R.S. § 42-5006.
It is filed on paper. Because bonding may apply to a new contractor, the TPT license application cannot be completed online in that case: the paper Form JT-1 is submitted together with the bonding paperwork and a copy of the bond attached.
The form is the instrument, not the rule. Who must post a bond, for how long, and in what amount are set by statute and by administrative rule, and are covered at Taxpayer Bond for Contractors rather than here.
Which security a contractor is posting is worth establishing before the form is filled in, because two statutes require different instruments and they do not stack. A.R.S. § 42-5006 takes a surety bond sized to the tax reasonably expected over a hundred and fifty days, with a $2,000 floor and bands set by classification of work; it is maintained for at least two years once required. A.R.S. § 42-5007 requires a bond or other acceptable security **in lieu of** that one, from a contractor with no Arizona principal place of business, computed on a single contract's gross receipts multiplied by the aggregate tax rates, and only where those receipts reach $50,000.
This form is the § 42-5006 instrument. The § 42-5007 security runs with a named contract and produces a certificate a city needs before it will issue the building permit.
A.R.S. § 42-5006; A.R.S. § 42-5007; A.A.C. R15-5-601(B); ADOR Bond for Contractors