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 State Contractors License Bond Form
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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 WAStep 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.
General and specialty contractors in Washington state are required to obtain a continuous contractor surety bond, under RCW 18.27. 040. The bond coverage for general contractors is $12,000 and for specialty contractors is $6,000.
Average Cost:Between $75 $180 per year for the $6,000 bond. Between $100 $360 per year for the $12,000 bond.
What Do Washington Surety Bonds Cost? Surety bonds generally cost 1-15% of the required bond amount. Costs vary significantly depending on the bond amount you need and your rate (which is the percentage of the full bond amount you must pay).
To file suit against a contractor, file a summons & complaintObtain a Summons & Complaint form. L&I does not supply these forms.Complete the form as directed.File your form with the Superior Court in the county where the work was done.Have your summons and complaint served a legal must.