A surety bond is a contract in which a surety company promises the State of California that the contractor will comply with the Contractors’ State License Law. Generally speaking, a licensed contractor is obligated not to commit any violations of the Contractors’ State License Law. The law describes and identifies specific violations that the bond will cover and violations can result in disciplinary action against the licensed contractor.
CSLB reports on recent sting two-day undercover sting conducted by the CSLB Statewide Invetigative Fraud Team (Swift) along with investigators from the Marin County District Attorney’s office. Individuals were cited for bidding jobs without a license, advertising without a license and fraudulent use of an incorrect license number.
Another milestone has been realized in the development of what will be the world’s largest solar energy installation, Solar Millennium’s proposed solar thermal power project at Blythe in the US state of California.
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