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Performance Bond

Performance Bond, Qualified Heat Pump Contractor

Ducted Heating and Cooling Contractor - Compliance Only

Overview

What it is.

Ducted Heating and Cooling Contractor - Compliance Only

Who usually needs it

No specific 'Performance Bond, Qualified Heat Pump Contractor' exists in Washington state. Licensed plumbing contractors (individuals and businesses applying for or renewing a plumbing contractor license) are required to obtain a $6,000 Plumbing Contractor surety bond as mandated by the Washington State Department of Labor & Industries under RCW 18.106.400 …

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
ObligeeCowlitz County, WA
Bond classPerformance Bond
CategoryOther
BondPerformance Bond, Qualified Heat Pump Contractor
Plain descriptionDucted Heating and Cooling Contractor - Compliance Only
Who needs this bondNo specific 'Performance Bond, Qualified Heat Pump Contractor' exists in Washington state. Licensed plumbing contractors (individuals and businesses applying for or renewing a plumbing contractor license) are required t…
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Next step

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