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Bureau of Labor and Industries Wage and Hour Division Labor Contracting Unit Labor Contractor Bond (Please Read Instructions Carefully Before Completing) Bond Number: (1) KNOW ALL MEN BY THESE PRESENTS:
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What is labor contractor bond?
A labor contractor bond is a type of surety bond that guarantees the fulfillment of obligations by a labor contractor to their employees, subcontractors, and the government.
Who is required to file labor contractor bond?
Labor contractors are required to file a labor contractor bond as a condition of obtaining or renewing their license.
How to fill out labor contractor bond?
To fill out a labor contractor bond, the contractor must submit the required information and the appropriate payment to a surety bond company.
What is the purpose of labor contractor bond?
The purpose of a labor contractor bond is to protect employees, subcontractors, and the government from potential financial losses due to the actions of a labor contractor.
What information must be reported on labor contractor bond?
The labor contractor bond must include the contractor's name, business address, license number, bond amount, and effective dates.
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