California Bond of Qualifying Individual

The California Bond of Qualifying Individual (BQI) Surety Bond is a $25,000 surety bond required by the State of California, Contractor’s State License Board. In addition to a California Contractor’s License Surety Bond, a California Bond of Qualifying Individual may be required.  A BQI is required for any individual who is responsible for overseeing the construction operations of a licensed contractor in California, but who does not own at least 10% of the business.

This includes: individuals such as responsible managing employees (RMEs) and responsible managing officers (RMOs).  A California Bond of Qualifying Individual is required if the license is qualified by a Responsible Managing Employee.  

The cost of the surety bond is usually between 1% and 3% of the bond amount. Surety1 will shop its many markets to procure the right price at the right terms.

If a license has more than one Responsible Managing Employee or Responsible Managing Officer qualifying the license, each qualifier must follow the qualifier bonding requirements.

How to get a California Bond of Qualifying Individual

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

1. Complete the easy to navigate and secure online application. ¹
2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the California Bond of Qualifying Individual will either be shipped to the bond principal or filed electrically with the CLSB, depending on which surety company provides the bond.
^{1-The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.} 

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier provider of surety bonds for the construction industry, nationwide, since 2003. Click here for information on Performance and Payment Bonds. 

About Surety1.com
Contact Surety1