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Landscape Contractor Surety Bonds03-29-10 | News

Landscape Contractor Surety Bonds




States are trying to make it tougher for landscape contractors and landscape architects to take homeowners?EUR??,,????'?????< surety-bond laws.
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On Jan. 1 this year, the state of Oregon updated its landscaping contractor law, which now requires bonds ranging from $3,000 for jobs costing $10,000 or less, rising up to a maximum of $15,000 for jobs over $25,000.

North Carolina revamped its landscape contractor law a year ago, and now requires a minimum $10,000 bond. The State of California goes even further than these states, advising homeowners to ask landscape contractors to take out a bond for the full amount of their job.

With state laws changing, it can be confusing to determine the size bond a landscape contractor is required to obtain for a particular project. Through a surety bond, the surety agrees to uphold ?EUR??,,????'?????<

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