Any person or entity acting as a general contractor in the state of Washington who performs more than one construction trade. Required when: Initial application for or renewal of a contractor registration. Exemptions: Exemptions are listed in RCW 18.27.090 and include public utilities, employees, certain small project…
Overview
What it is.
Any person or entity acting as a general contractor in the state of Washington who performs more than one construction trade. Required when: Initial application for or renewal of a contractor registration. Exemptions: Exemptions are listed in RCW 18.27.090 and include public utilities, employees, certain small project…
Who usually needs it
Any person or entity acting as a general contractor in the state of Washington who performs more than one construction trade.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateWABond amount$30,000Term lengthContinuousObligeeWashington State Department of Labor & IndustriesRenewalThe bond is continuous and remains in effect as long as premiums are paid. Contractor registration must be renewed every two years, at which time the contractor must ensure the bond remains active and meets the current …Bond classLicense BondCategoryConstructionBondContinuous Contractor's Surety BondStatutory referenceRCW 18.27.040JurisdictionState
