A Washington Bond Claim Notice is a legal document used to assert a claim against a surety bond regarding a construction project in the state of Washington. This notice is crucial for subcontractors, suppliers, and laborers who have not been paid for the work or materials they have supplied to the project. In Washington, there are two primary types of bond claim notices: the Public Works Bond Claim Notice and the Private Works Bond Claim Notice. The Public Works Bond Claim Notice is utilized when working on public construction projects, which are funded by government entities such as federal, state, or local agencies. On the other hand, the Private Works Bond Claim Notice is used for private construction projects, which are funded by private entities or individuals. When filing a Washington Bond Claim Notice, certain information needs to be included for it to be effective. First, it must contain the claimant's name, address, phone number, and email address. The notice should also identify the general contractor and provide their contact information. Additionally, the notice must specify the nature of the labor, materials, or services provided, along with the total amount owed. It is vital to ensure accuracy and completeness in detailing this information to avoid any potential disputes or challenges to the claim. A Washington Bond Claim Notice must be sent within a specific timeframe to maintain its legal validity. For public works projects, the notice should be served within thirty days after the last day the claimant provided labor or materials unless a notice of completion or acceptance has been filed. In such cases, it must be filed within thirty days of the notice being recorded or posted. For private works projects, the notice needs to be served within ninety days from the date the claimant last furnished labor or materials. While the contents and deadlines vary slightly for public and private works projects, it is crucial for claimants to timely file their bond claim notices according to the specific requirements outlined by Washington state law. By doing so, claimants can protect their rights and ensure the possibility of recovering unpaid amounts from the bond held by the surety for the project.
Washington Bond Claim Notice
Description
How to fill out Washington Bond Claim Notice?
If you have to comprehensive, down load, or print authorized record templates, use US Legal Forms, the biggest selection of authorized types, which can be found on the Internet. Use the site`s simple and handy lookup to find the papers you will need. Numerous templates for business and specific uses are sorted by types and says, or keywords and phrases. Use US Legal Forms to find the Washington Bond Claim Notice within a few clicks.
Should you be presently a US Legal Forms customer, log in to your accounts and click the Down load button to get the Washington Bond Claim Notice. You may also entry types you earlier saved in the My Forms tab of your accounts.
If you are using US Legal Forms the first time, follow the instructions beneath:
- Step 1. Ensure you have chosen the form for that right area/nation.
- Step 2. Make use of the Review option to look over the form`s articles. Don`t overlook to read the information.
- Step 3. Should you be not happy with the type, use the Lookup area near the top of the screen to locate other variations from the authorized type web template.
- Step 4. Upon having discovered the form you will need, click the Buy now button. Pick the costs prepare you favor and add your accreditations to sign up to have an accounts.
- Step 5. Method the financial transaction. You can utilize your bank card or PayPal accounts to complete the financial transaction.
- Step 6. Pick the formatting from the authorized type and down load it on your own system.
- Step 7. Full, change and print or indicator the Washington Bond Claim Notice.
Each and every authorized record web template you get is your own permanently. You possess acces to every type you saved within your acccount. Click the My Forms segment and pick a type to print or down load yet again.
Remain competitive and down load, and print the Washington Bond Claim Notice with US Legal Forms. There are millions of specialist and condition-distinct types you may use to your business or specific requirements.
Form popularity
FAQ
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.
Your Washington Notary Surety Bond Washington law requires all Notaries to purchase and maintain a $10,000 Notary surety bond for the duration of their 4-year commission. The Notary bond protects the general public of Washington against any financial loss due to improper conduct by a Washington Notary.
Washington Contractor License Bond Requirements The following types of contractors need to get a Washington state contractor license bond: 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.
About Washington Notice of Intent to Lien Form No one wants to be forced to file a mechanics lien, and this document gives all of the parties involved one final chance to take care of the payment issues on a project. This form advises the party that a lien will be filed if payment is not received within 10 days.
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.
How Do Washington Contractors Complete Their Registration? Step 1 ? Determine the Registration Type. ... Step 2 ? Register as a Business. ... Step 3 ? Purchase a Surety Bond or Obtain an Assignment of Savings. ... Step 4 ? Purchase Insurance. ... Step 5 ? Complete the Application. ... Step 6 ? Pay Fees.
Washington title bonds are quickly issued, typically cost around $100, and have a 3-year bond period. After the bond expires, there is no requirement for the bond. You will be eligible for a standard certificate of title.
General and Specialty Contractors The bond coverage for general contractors is $12,000 and for specialty contractors is $6,000. ing to this provision, the bond guarantees that the contractor will pay everyone who performs labor, provides materials or equipment for them.
Most Popular Surety Bonds in Washington Depending on the license type that you apply for, you will need to post a bond in an amount between $4,000 and $12,000. Washington state money transmitters must post a bond in a minimum amount of $10,000 and a maximum of $550,000, depending on the volume of money transmitted.
Your surety bond cost is a percentage of the total bond amount, also called the bond premium. There are two main factors for how that cost is determined by underwriters: The type of surety bond and the bond coverage required. The credit history of the applicant.
