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Contractor License Bond - Disciplinary
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Pay the Lowest Rate for your California Contractor Disciplinary License Bond!
| Bond Amount | Cost | Term | Apply Now |
|---|---|---|---|
| Varies and determined by State CSLB Bond amount can be no less than $15,000. | Varies | Annual* | START APPLICATION |
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Get your free, no obligation quote within 24 hours or less. Apply online today at www.Bond911.com!
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Do not let bad credit stop you from getting your California Contractor Disciplinary License Bond. Bond911 can help you find approval regardless of low credit scores or other financial issues. We have exclusive underwriting programs established for all credit types and in-house authority to find the best rate for your bonding needs.
What is a California Contractor Disciplinary License Bond?
Following the suspension of a license for a violation of the Contractor's License Law, the firm must file a Contractor Disciplinary Bond with the Registrar, if the license is to be reinstated or reissued or if the firm seeks to have a new license issued. See Business & Professions Code Section 7071.8. If appropriate, CSLB will attempt to mediate and help achieve a resolution without disciplinary action to a contractor. However, complaints involving serious violations of Contractors’ State License Law, like, poor workmanship, abandonment, misuse of funds, failure to obtain a building permit, or failure to maintain workers compensation insurance for employees, can result in formal disciplinary action, even if the licensee does not have a history of complaints.
How to obtain your California Contractor Disciplinary License Bond
Contractors License Disciplinary Bonds in California guarantee that principals (contractors) comply with the provisions of Division 3, Chapter 9 of the Business and Professions Code. If the principal fails to comply with these terms, the bond protects any person who is harmed up to the full amount of the bond. The principal must reimburse the surety for all damages paid out. Applicants should be prepared to explain why the bond is being required. The contractors license number and classification(s) are required for underwriting.
- The bond must be filed in addition to, and cannot take the place of or be combined with, any other bonds required to maintain an active contractor's license;
- The Registrar determines the bond amount, which is based on the seriousness of the violation(s). The amount may not be less than $15,000, nor greater than ten times the amount of the contractor's bond. See Business & Professions Code Section 7071.8;
- The bond must remain current and on file with the Registrar for at least two years. In some cases, the Registrar may require a longer filing period.
- The firm's license must remain active and current while the disciplinary bond is on file.
Here are some helpful links to assist you with the state application process: