California Contractor’s License Bond Amount to Increase to $15,000

Effective January 1, 2016, the Contractors State License Board will be increasing the Contractor’s license Bond amount from $12,500 to $15,000 as per Senate Bill 467.

Expect to receive notices from your bonding companies regarding the increase in rate.

The details of the Senate Bill 467 can be seen here: Sec. 9 of SB 467