This Washington Continuous Contractor's Surety Bond provides protection to individuals and the State of Washington in the event that a contractor fails to perform certain obligations under a contract. This Bond is required to secure a Certificate of Registration from the State of Washington.
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How to fill out Washington Continuous Contractor's Surety Bond?
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How to File a Bond Claim in WA Step 1: Send a Preliminary Notice to the Contractor. ... Step 2: Send a Notice of Intent to the Contractor for a Bond Claim in Washington State. ... Step 3: File a Payment Bond Claim. ... Step 4: Enforce the Payment Bond Claim.
A general contractor performing work in Washington must have a bond of at least $12,000 in place, while a specialty contractor is required to post a $6,000 bond. Electrical contractors must have at least a $4,000 bond to meet licensing requirements.
General Contractors - For businesses that offer any other type of service that involves the signing of a contract (general contractors), the state requires a bond of $12,000 to be issued. Specialty contractors are also required to post a $6000 bond before they begin conducting any business.
To register with L&I as a contractor, you must: Register your business with Department of Revenue. Get a surety bond or an assignment of savings. Purchase a general liability insurance policy. Complete your Application for Contractor Registration. Pay the required application fee of $124.70.
Washington Contractor License Bond Requirements General contractors require a $12,000 surety bond, and specialty contractors need a $6,000 bond that they must post to the Washington State Dept. of Labor & Industries (L&I).