California contractors often confuse contractors bonding with liability insurance as they are both highly common in the California construction industry with more than 95% of contractors utilizing bonding according to some estimates, while liability insurance is perhaps the most common form of insurance purchased. Many […]
On October 8th, 2015, California governor Jerry Brown signed Senate Bill 467 into law that increases the license bond requirement from $12,500 to $15,000 for California contractors, among other new provisions. The law will take effect January 1st, 2016, though more information regarding implementation details […]
Wednesday, June 3rd edition of the California Construction Bid Opportunity’s List, a weekly compilation of construction project opportunity’s throughout the state for contractors to bid on.
Should any of the projects listed require a contract bond such as a bid bond, performance bond or a payment […]