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Tag: California Contractor Bond

California Contractor License Bonds Increase to $25,00

Effective January 1, 2023, the Contractors State License Board of California (CSLB) will increase a contractor license bond to $25,000 as detailed in Senate Bill 607. To meet this requirement, we will automatically increase all eligible in-force California contractor license bonds to $25,000 on January 1, 2023 via a blanket CSLB-provided rider. View the CSLB Industry Bulletin here. To maintain the principal's current California contractor license bond term(s), a...