Olson Building Company

General · University Place, WA · License #OLSONBC922L7

Expired since Jul 11, 2022

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State-verified — Checked against WA L&I records, updated daily.
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License facts

Olson Building Company is one of 267 General contractors registered in University Place, registered with WA L&I since 2008.

License type: CONSTRUCTION CONTRACTOR
Effective date: Jun 27, 2008
Expiration date: Jul 11, 2022
UBI: 601557434
Business type: Individual
Phone: (253) 223-6095
Location: University Place, WA 98466

Source: WA L&I contractor registration — verified Aug 12, 2026. Applies to every row above.

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Bond & insurance on file

What the bond and insurance requirements mean for homeowners

To register as a general contractor in Washington, a business must file a $30,000 surety bond with the Department of Labor & Industries.

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.

Principals

Name	Start date
Loren Anders Olson	Jun 27, 2008

What is a General contractor licensed to do in Washington?

A general contractor in Washington is registered with the Department of Labor & Industries to perform or oversee work in multiple building trades. General contractors can take on whole projects — remodels, additions, new construction — and can hire specialty subcontractors for individual trades. As a condition of registration, contractors in this category file a $30,000 surety bond and proof of general liability insurance with WA L&I. Washington currently lists 267 General contractors registered in University Place.