Guy Nielson CO Indstrl Div INC

A $15,000 surety bond, filed with the Department of Labor & Industries, is a condition of registration for specialty contractors in Washington (general contractors file $30,000). This contractor's current filing shows a $15,000 bond.

The bond is a limited fund a homeowner (or subcontractor or supplier) can make a claim against, through the courts, if a registered contractor fails to meet its obligations on a job. Contractors must also keep general liability insurance on file — at least $50,000 in property damage and $200,000 in public liability coverage, or a $250,000 combined single limit — which covers damage the contractor causes, not workmanship disputes. The rows above are the bond and insurance filings L&I publishes for this registration; whether a specific filing applies to a specific project depends on its dates and terms.

Lathing and plastering contractors apply lath, plaster, and stucco systems to interior and exterior walls. Typical jobs include stucco siding, plaster repair in older homes, and decorative or veneer plaster finishes. Washington requires a $15,000 surety bond and general liability insurance for this registration.