Contractor bond increases January 1, 2016 in California

Words: Julie TrostCalifornia law (Business and Professions Code Section 7071.6) requires all contractors to have either a contractor’s bond or cash deposit filed with the Contractors State License Board (CSLB). The bond or cash deposit is filed for the benefit of consumers who may be damaged as a result of defective construction or other license law violations, and for the benefit of employees who have not been paid wages that are due to them.

On January 1, 2016, the amount of the bond is increasing from $12,500 to $15,000. CSLB urges all contractors to make sure they’ve got their new bond or cash deposit in-place by that date.

Contractors who don’t meet the deadline risk having their license suspended.

If you haven’t been informed about the new $15,000 limit by your bond company, it’s important that you contact them immediately, so you can comply with the new law. Note that the bond of qualifying individuals will remain at $12,500.

Recently passed legislation (Senate Bill 467) raised the contractor bond required of all licensees from $12,500 to $15,000 at the start of the new year. The legislation also eliminated the requirement that contractor applicants prove they have $2,500 in working capital as a condition of obtaining a CSLB license.
About: Featured
 0
Masonry Mortar: The Right Type for the Job
May 2025

When it comes to masonry construction, mortar is much more than “glue” that holds everything together — it’s a critical component of wall performance, longevity, and aesthetics. It can “make it or break it”. Whether you’re laying a foundation CMU wall or

Garen Graves
Featured MAP Partner
Mortar
Read More
MASONRY STRONG Podcast, Episode 20 Recap: Mark Kemp, Superior Masonry
May 2025

Justin Stengel
Read More
How It’s Made: Clay Thin Brick
May 2025

Clay thin brick is a versatile alternative to traditional full brick. It comes in numerous colors and styles and offers something for every design preference. Thanks to the lighter weight, it is designed to reach spaces full brick cannot. From floors to c

Allison Goley
Featured MAP Partner
Read More
Bonding with Masonry 2025: Q1
May 2025

This issue’s questions come from an Architect and a Mason Contractor. What questions do you have? Send them to info@masonrymagazine.com, attention Technical Talk. Q. An Architect asks how to create a narrow masonry pier between openings. Is there a min

David Biggs
Featured
Read More