California Qualifying Individual Contractor Bond
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How much does a California qualifying individual contractor bond cost?
California qualifying individual contractor bond costs start at $193 for the state-required 1-year term. Your exact bond premium will be provided after a quick application review. Apply now to get your free, personal surety bond quote!
How do I apply for a bond of qualifying individual in California?
You can apply for your California bond of qualified individual online 24/7. You'll need to provide the following information for Contractors State License Board approval.
- name of qualifying individual
- service address
- license number or application fee number
Once your order has been processed, you'll receive your official California surety bond documentation by email.
How fast can I get a qualifying individual contractor bond?
Our industry-leading technology and responsive customer service team allow us to offer free quotes and deliver your official California qualifying individual bond faster than any other surety provider. Orders placed by 4 PM CST Monday-Friday are typically processed with same-day emailed bond delivery.
If you have questions about California contractor bonds or your application, call 1(800)308-4358 to speak with a friendly surety expert. We're here to guide you through the construction contractor bond process so you can get back to running your business.
What is a California qualifying individual surety bond?
California Business and Professions Code Section 7071.9 requires qualifying individuals file a $25,000 surety bond. Form 13B-2 is officially titled the “Bond of Qualifying Individual,” but it's also known as a “qualifying individual contractor bond.” The bond is required for the issuance, reinstatement, reactivation, or continued valid use of a license. By filing this bond, a qualifying individual agrees to work according to California code when assisting with construction operations.
Why do I need a qualifying individual bond?
You need a California contractor qualifying individual bond if you're a qualified contractor who directs, supervisors, or controls construction operations on behalf of a company or business. You must file your qualifying individual bond with the CSLB within 90 days of its effective date. If you fail to comply with the laws and terms outlined on your bond, your issuing surety bond company will pay valid claims to harmed parties up to the full bond amount, which you must then reimburse.
Note that the CSLB enforces a separate $25,000 California Contractor Bond requirement for statewide contractor licensing.
Who regulates California construction contractor licensing?
The California Contractors State License Board (CSLB) enforces contractor license requirements in the state, including the $25,000 bond of qualifying individual (BQI). You can contact the CSLB staff by calling 1(916)255-4050 or emailing [email protected].
What is considered a qualifying individual?
A qualifying individual is the person in CSLB's records that has proven their knowledge and experience in their trade. A qualifying individual contractor surety bond is required if the qualifier is a responsible managing employee (RME), responsible managing officer, responsible managing manager, or responsible managing member with less than 10 percent ownership of the corporation or LLC.
Does the qualifying individual bond cancel out the contractor license bond?
No, the qualifying individual bond does not cancel out the contractor license bond. Rather, it is in addition to the required contractors bond according to California code.
How do you update or change the information on your contractor bond form?
If the California Contractors State License Board requires your surety bond documentation to be updated for any reason, contact your surety provider. If you purchased your bond from SuretyBonds.com, email [email protected] to explain the needed change.
The most common changes for these bonds include the updating the following.
- name of qualifying individual
- service address
- license number or application fee number
How do I renew my bond?
You must renew your California bond before the current 1-year term expires. Once you pay your SuretyBonds.com renewal invoice, renewal instructions will be emailed to keep your bond and license active with the state.
The surety company can cancel this bond by giving written notice of cancellation to the principal and the California Contractors State License Board at least 30 days prior to the effective cancellation date.
How do I get a CSLB California contractor's license?
Learn How to get a California Contractor License by reviewing our comprehensive guide about standard California contractor licensing.
Learn How to get a California CSLB Limited Liability Company License by reviewing our comprehensive guide about LLC contractor licensing.
Have Questions?
Call 1 (800) 308-4358 to talk with a Surety Expert today.
