Performance Bond - Clark County Conservation Program
General Contractor - 3rd Party Liability
Overview
What it is.
General Contractor - 3rd Party Liability
Who usually needs it
Developers or principals (individuals or entities) seeking final plat or site plan approval in Clark County, Washington need this bond when they have not yet completed mandated improvements like infrastructure to mitigate development impacts. The bond applies to any principal undertaking qualifying development projects, regardless of specific profession or …
Pricing & timing
What to expect.
Generic pricing
Performance bonds guarantee that a contractor will complete a project according to the contract terms. Typical Pricing:. • Small contracts: Commonly around 1–5% of the contract value (one-time upfront premium). • Larger contracts: Rates generally scale lower as contract size increases. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. • Full underwriting required: Credit, financials, experience, and bon…
Typical timeframe
Full underwriting required — typically 3–5 business days
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 amountVaries by license type or projectObligeePublic Utility District No. 1 of Clark County, WashingtonBond classPerformance BondCategoryOtherBondPerformance Bond - Clark County Conservation ProgramPlain descriptionGeneral Contractor - 3rd Party LiabilityWho needs this bondDevelopers or principals (individuals or entities) seeking final plat or site plan approval in Clark County, Washington need this bond when they have not yet completed mandated improvements like infrastructure to mitiga…
