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License Bond

Continuous Contractor's Surety License Bond

General Contractor - Bond runs to State

Overview

What it is.

General Contractor - Bond runs to State

Who usually needs it

General contractors and specialty contractors in Washington State who are applying for or maintaining a Certificate of Registration to operate as contractors under RCW Chapter 18.27. General contractors must file a $12,000 bond (potentially $30,000 as of July 2024), while specialty contractors must file a $6,000 bond (potentially $15,000 as of July 2024).

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.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. 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.

Details

Bond details.

StateWA
Bond amount$15,000
ObligeeState of Washington
Bond classLicense Bond
CategoryOther
BondContinuous Contractor's Surety License Bond
Plain descriptionGeneral Contractor - Bond runs to State
Who needs this bondGeneral contractors and specialty contractors in Washington State who are applying for or maintaining a Certificate of Registration to operate as contractors under RCW Chapter 18.27. General contractors must file a $12,…
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Next step

Ready to move forward?

Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.