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Changes to Bond Requirements Effective January 1, 2023. Attention licensed contractors: On January 1, 2023, the contractor license bond, bond of qualifying individual, and disciplinary bond, increased to $25,000 as a result of Senate Bill 607 . See more about SB 607 in these Industry Bulletins from October 2022 and December 2021.
California Contractors License Bond. Enter Your License or Application Fee Number. It's Fast, Free, and There's No Obligation. 100% Money Back Guarantee. We guarantee our bonds will be accepted by the obligee or we’ll refund your money. See details. Bonds Filed Electronically.
This article will review the basics and FAQs of contractor licensing bonds in California, including the requirements, new Senate mandates, and an overview of how claims can be filed against this bond.
Contractors commonly use a surety bond (referred to as a “contractor license bond”) where a surety company promises the State of California that it will pay damages if the contractor violates contractors’ state license law.
This section provides information on bond requirements, including Contractor's Bonds, Bonds of Qualifying Individuals, and Disciplinary Bonds.
A California Contractors State License Board (CSLB) bond is a financial guarantee that a contractor will comply with state licensing laws while working on a job. Filing a $25,000 CSLB surety bond is a requirement before a contractor business can receive or renew its CSLB license.
California Contractor License Surety Bonds are filed for the benefit of consumers who may be damaged as a result of defective construction or other license violations by the contractor, and for the benefit of employees of the contractor who have not been paid wages that are due to them.
