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CA Contractors Face Surety Bond Increase in 2023

CA Contractors Face Surety Bond Increase in 2023

The bond amounts for the California contractor license bond and the California qualifying individual bond are increasing to $25,000 starting on January 1, 2023. This means that all contractors who hold active licenses in the state of California will need surety bond increases processed to keep their contractor licenses in good standing with the state. Here's what you need to know about the bond increases in California. How Do You Increase California Contractor Bonds? It all depends ...