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.
Washington Contractors License Bond With Contractor
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How to fill out Washington Continuous Contractor's Surety Bond?
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In fact, most businesses that are licensed by the state are required to be bonded. Washington surety bonds are most commonly issued in the licensing and permit professions, contractors when completing construction projects, and court bonds to ensure fulfillment of required court procedures.
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).
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.
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.