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Performance Bond

Performance Bond, General Contractor

General Contractor - Bond runs to Municipality

Overview

What it is.

General Contractor - Bond runs to Municipality

Who usually needs it

General contractors licensed in Washington State must obtain this $30,000 surety bond as a condition of registration with the Department of Labor & Industries. This applies to licensed professionals or businesses authorized to perform a broad range of construction work—including building, remodeling, demolition, repairs, and managing large-scale projects—wh…

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.

  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$5,000
ObligeePublic Utility Dist. No. 1of Cowlitz County
Bond classPerformance Bond
CategoryOther
BondPerformance Bond, General Contractor
Plain descriptionGeneral Contractor - Bond runs to Municipality
Who needs this bondGeneral contractors licensed in Washington State must obtain this $30,000 surety bond as a condition of registration with the Department of Labor & Industries. This applies to licensed professionals or businesses author…
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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.