Contractor, license, permit and performance bonds

A surety bond is a three-party guarantee: the surety company promises the obligee, such as the State of Washington or a project owner, that you will meet your obligations. Unlike insurance, if the surety pays a claim you are expected to repay it. Bond premiums are usually a small percentage of the bond amount and depend on credit and experience.

Bonds we help with

• Contractor registration bonds: $30,000 for general contractors and $15,000 for specialty contractors registered with L&I
• License and permit bonds: for city permits, right-of-way work and state licenses
• Bid, performance and payment bonds for public and private contracts
• Notary, title and other miscellaneous bonds
• Business service and janitorial bonds that protect your clients from employee theft

How to get bonded

For most license bonds, we need your business name exactly as registered, your UBI number, owner information and the bond type and amount. Many small bonds can be issued within a day or two. Contract bonds require more underwriting, including financial statements and work history.