California requires certain contractors to be licensed at the state level. Purchasing a contractor license bond is a prerequisite for licensure.
Additionally, both performance bonds and payment bonds are mandated by the state for certain government-funded construction projects, as well as being required by many private project owners. Bid bonds may also be required when contractors are selected through competitive bidding. While these are the most common California construction bonds, both government contracting authorities and private project owners may require any of the following:
- Maintenance bonds
- Subdivision/site improvement bonds
- Supply bonds
- Solar decommissioning bonds
- Right of Way bonds
- Contractor license bond
