Site Work Contract for Contractor - Washington 2025

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To register as a contractor, you will need to purchase: A Washington Continuous Contractor Surety Bond in the amount of: $30,000 for general contractors. $15,000 for specialty contractors.
Typically a contractor would ask for 50% upfront to cover the initial get go of a project. Like stated above materials and wage costs. My advice to you would be to ensure everything is typed in a contract that both you and the contractor have signed.
You can get a 4-year, $10,000 bond from any insurance or bonding company licensed to do surety in Washington. You might check with your insurance agent for help or search online. The cost will vary from company to company and our office doesnt regulate how much the bonding company charges.
A site agreement is a contract between a site owner and a third party that outlines the terms and conditions of the parties relationship. The contract states what rules and regulations must be followed regarding the site, what the boundaries of the site and, and what deadlines for site work must be met.
Workers compensation law covers both employees and independent contractors who provide essentially personal labor. Washington law provides the following tests that an independent contractor must pass in order to be exempt from workers compensation coverage.

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Surety bond premiums are calculated as a small percentage of the bond amount. $25,000 surety bonds typically cost 0.510% of the bond amount, or $125$2,500. Highly qualified applicants with strong credit might pay just $125 to $250, while an individual with poor credit will receive a higher rate.
The cost of a performance bond usually is less than 3% of the contract price, but may rise to 4%. It can be more expensive if your credit rating isnt strong. Labor and material payment bonds are companions to the performance bond.

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