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What is a California Contractors Disciplinary Bond?
A disciplinary bond is a permit surety bond that can be required by the company and/or government. A contractor must have this if they want to work with governmental agencies in California, which requires it for contractors who are looking into punishment on themselves or their license from either entity.
Do you need a Contractors Disciplinary Bond?
Swiftbonds is a company that specializes in bonds. We offer a variety of services, including Contractors Disciplinary Bond. Our team has the expertise to help you get bonded quickly and easily.
Get started today by filling out our simple online form! You’ll be able to find all of the information you need about getting bonded on our website. And if you have any questions, we’re just a phone call away!
Click this right now and fill out our quick online form for more information about how to get bonded with Swiftbonds!
Why is the California Contractors Disciplinary Bond required?
Businesses must purchase a bond to activate their license or permit. This guarantees that if the business fails to comply with licensing and permit laws, they will be compensated by the surety company for any damages incurred due this negligence. Get a California Discount Buying Organization ($20,000) Bond.
How does a California Contractors Disciplinary Bond work?
Getting a California Contractors Disciplinary Bond means you agree with the entity requiring it, called the obligee. Your surety company agrees to cover for you in case your clients or public make claims against their contract and need payment from your bond. If there’s ever any problems on either side of this agreement, only then will we get involved so that both parties can be satisfied. See a California Deferred Deposit Transaction Law License Bond.
How much does a California Contractors Disciplinary Bond cost?
California Contractors Disciplinary Bond is a type of surety bond that varies in cost and depends on the credit score of the applicant. Sometimes, personal or business financials may be required depending on what surety amount is needed for bonding purposes.
Can I get a California Contractors Disciplinary Bond with bad credit?
Swiftbonds offers a wide-range of approvals, regardless of credit history or bad credit. One key factor in our success is that we are able to work with 99% of applicants who have been turned down elsewhere due to their poor financial standing. Our knowledgeable underwriting staff will make sure you get the lowest possible price for your bond no matter what personal circumstances may be preventing you from getting approved for other companies' bonds. Need a California Dance Studio ($25,000) Bond.
How to get your California Contractors Disciplinary Bond?
Would you like to know the first step in getting your California Contractors Disciplinary Bond? It's super easy! Fill out our quick online application and get a no obligation quote today. Our Underwriters will contact you within an hour of submission, or come chat with them on the phone for help applying. Find a California Credit Service Organization ($100,000) Bond.