Changes in Home Improvement Contractor Licensing Bonds to Come

Written by JoAnn Smith on November 7th, 2013. Posted in Commercial Bonds, Iowa, Kansas, Legislation, License and Permit Bonds, Oklahoma, Oregon, Surety Bond Blog, Texas

     contractor licensing bonds
contractor licensing bonds changes

With the housing business expecting to improve over the next few years, we can look forward to seeing legislation move towards home improvement contractors being more tightly licensed, especially when it comes to their contractor licensing bonds. One trend is that fewer and fewer states will allow a statewide home improvement contractors license. Most state boards are moving towards licensing for specific types of home improvement such as roofing, or making the licenses connected with a specific location or city.

Contractor Licensing Bonds Required

A good example of this is Iowa, which recently enacted legislation that would create a license and contractors licensing bonds requirement for sheet metal contractors. This will being these contractors into the fold with other home improvement contractor licensing requirements for the state. In Kansas they now require registration certification and a contractor licensing bond posting for anyone considering opening operations as a roofing contractor in the state.

In Oregon, contractors that assess home energy performance scores will need to have a contractors license and to obtain a surety bond in the amount of $10,000 in addition to fulfilling all the requirements of a home contractor for Oregon. In Texas and Oklahoma legislation was introduced to require roofing contractors to post surety bonds along with their new licensing requirements, but in both states the bill was fought and stopped.

More Surety Bond Changes

You can be sure that this is not the last you will hear about new contractor licensing bonds, however. In some states, the changes have been to remove surety bond requirements for licencing in related contractor businesses. For anyone that works as a radon mitigation or measurement professional in Kentucky, the surety bond requirements that were enacted last year have been revoked.

In addition, master plumbers and gas fitters in Alabama that were facing the possibility of new surety bond requirements for the coming year will be interested to hear that this bill has been defeated. The bill would have changed the current city and county bonds to a statewide bond. As noted earlier, that trend seems to be reversing itself as more and more states reject the concept of a statewide contractor surety bond requirement.

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Car Dealer Bonds for California, Oregon and Washington

Written by JoAnn Smith on November 1st, 2013. Posted in California, License and Permit Bonds, Motor Vehicle Bonds, Oregon, Surety Bond Blog, Washington

     car dealer bonds
Find out the car dealer bond requirements for your state.
A car dealer license and the car dealer bonds that are part of that license are an integral part of doing business no matter what state you decide to open your car dealership in. But, the regulations and more importantly the surety bond amounts differ from state to state. Do you know what the requirements are for car dealer bonds in your state? Let’s take a look at the three states that border the Pacific Ocean to begin our overview of the requirements for car dealer bonds for auto and vehicle dealerships in each state of the union.

Washington State Car Dealer Bond Requirements

The Evergreen State is well named, for if you have ever driven through it the bounty of endless trees can be overwhelming. But in a state that has beaches, mountains and a world-famous city like Seattle you can expect to see plenty of car dealerships. Here is what you would need to have in place regarding car dealer bonds for a vehicle dealership in Washington State:
  • To sell new and used motor vehicles retail or wholesale or at auction – Requires a $30,000 New and Used Motor Vehicle Bond or Auto Dealer Bond
  • To wholesale to licensed dealers for used cars, trucks and motor-homes – Requires a $30,000 Motor Vehicle Dealer or MVD Surety Bond
  • For selling any new or used non-motorized mobile home, manufactured home, tent or park trailer and travel trailer – Requires a $30,000 Mobile Home Dealer Bond
  • To sell motorcycles, off-road vehicles, boats, horse trailers and other miscellaneous new or used vehicles that are not motor vehicles, mobile homes or tent/travel trailers – Requires a $5,000 Miscellaneous Vehicle Dealer Bond

Oregon Car Dealer Bonds

While Washington can be picky about the kind of car dealership you want to run, The Beaver State is a more generous state and only requires that you have a car dealer bond if you sell motor vehicles period. That makes it pretty easy for anyone who is considering opening a car dealership in Oregon as there is only one kind of car dealer bond they will need: For all car dealerships, new and used regardless of what else they sell – A $40,000 Motor Vehicle Dealer (MVD) Bond is required.

California Auto Dealership Requirements

If you have ever driven through California in August you would know why it is called The Golden State, for its hills have a golden haze to them waiting for the rains to begin. With its abundance of cities and cars, it is not that surprising that California has several types of auto dealer bonds depending on the type of vehicle you plan to sell:
  • For new and used retail sales of all vehicles except motorcycles and All Terrain Vehicles (ATVs) – a $50,000 Retail Motor Vehicle Dealer Bond is required
  • For wholesale sales of all vehicles except motorcycles and ATVs – a $10,000 Wholesale Dealer Bond is required
  • For retail or wholesale sales of motorcycles and ATVs – Posting a $10,000 Motorcycle or ATV Dealer Bond is part of the licensing process
  • In addition, California may require a $25,000 Registration Service Bond.

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Landscape Contractors – Do You Need a License Bond in Your State?

Written by JoAnn Smith on September 5th, 2013. Posted in California, Colorado, License and Permit Bonds, Oregon

As the housing market begins to recover, landscaping contractors are getting back into business again as well. If you have been quiet for the last few years, you might want to check and be sure that your license is still valid and your surety license bond is up to date. For anyone who is considering getting into the landscape construction and contracting business, you will need to first familiarize yourself with what the requirements are for your state.  Most states do require a contractor’s license and the accompanying surety license bond for anyone that is contracting out for landscaping work. The requirements for the license and surety bond may differ from state to state, so it is a good idea to check with your state government if you are considering doing landscape contracting work. Here are a few states that do require a license bond along with the license to do this kind of work Oregon – Since 1972 the State of Oregon has required anyone who does contracting landscape work to not only meet experience and educational requirements, they must also pass an exam for competency.  Once they have passed this exam they must then provide proof of insurance and post a surety bond. Two types of licenses are needed to be a landscape contractor in Oregon, an individual license and a business license that must also have a license bond posted for the following amounts:
  • $3,000 – For projects that are $10,000 or less
  • $10,000 –  For projects that are $10-25,000
  • $15,000 – For businesses on  probation and if projects are more than $25,000
California –The state of California requires a license for any contractual landscaping work, despite the number of unlicensed landscapers you will probably see in any given day. Although there are schools for landscape licensing, they are not required. Four years of prior experience along with a $20,000 surety license bond is a good beginning for anyone looking to become a licensed landscape business in the state of California. For more details, be sure to check with the California License Board. Colorado – Although a license is required in the state of Colorado to do landscape construction, the type of license and the regulation of it is a city by city decision. Surety bond requirements also change from county to county or city to city, depending on the area. You can search out the requirements for the particular city in Colorado where you will be doing landscaping by using this licensing site. Not sure if your state requires a surety bond as part of their landscape contractor’s license? Lucky for you we know the answer. Just come by the site or give us a call to find out if your state requires a landscaping license bond for your business today. At BuySurety we have the surety bonds you need to keep your business secure.

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Surety Bond Legislature Update for Oregon

Written by JoAnn Smith on April 24th, 2013. Posted in Contract Bonds, Oregon, Surety Bond Blog

     oregon
The State of Oregon
April 24, 2013 – The State of Oregon legislative sessions only passed one bill that dealt with the question of surety bonds. This was a very fast emergency bill that was passed to allow changes to the requirements of bids on federally funded construction projects for transit.

Senate Bill No. 1556: Bidding Preferences

Oregon Senate Bill 1556 was passed quickly as an emergency bill to allow contracting agencies to award preferences on bidding for federally funded transit projects. This bill would allow a company that bids or proposes in an amount that exceeds the federal Buy America requirements, including any requirements regarding the posting of construction surety bonds, to be given preference in the bidding process. The law was passed on March 16 and went into law immediately. Anyone wishing to read the complete text to Oregon Senate Bill 1556 can do so at the link provided.

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Cornelius Oregon City Hall to Vote on Library Construction Bond

Written by JoAnn Smith on December 11th, 2012. Posted in Latest News, Oregon

     construction bond
Cornelius Project for Seniors
An ambitious project that will be a joint venture of the Cornelius Public Library and Bienestar, a non-profit affordable housing organization could result in a mix-use building with a library on the main floor and senior housing above. The project, which recently passed a feasibility study, will go before the City Council to decide if it has enough support to bring the $13 million 20-year construction bond to a city-wide vote. Please follow the link provided for more information on The Cornelius Project and the proposed construction bond.

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