(844) 589-9732

Washington D.C. Employment Agency Bond

February 24, 2020

The Washington D.C. employment agency bond is a $50,000 or $100,000 surety bond. Applicants for the $50,000 surety bond are automatically approved. AmeriPro Surety Bonds: 844-589-9732.

Washington D.C. Employment Agency Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

D.C. Employment Agency License

 

 

 

Employment agencies in Washington D.C. are licensed and regulated by the District’s DCRA, Department of Consumer and Regulatory affairs.

Employment agencies must furnish one of two surety bond amounts, $50,000 or $100,000. The bond must be issued for 2 years, as is your employment agency license.

The way to determine the amount required is as follows:

  • If you charge the average job seeker less than $2,000 and you contract with fewer than 100 job seekers annually, you require a $50,000 surety bond;
  • If you charge the average job seeker more than $2,000 and you contract with more than 100 job seekers annually, you require a $100,000 surety bond.

If you are still unsure as to the bond amount you require, you’ll want to contact the DCRA at 202-442-4400 before calling our agency.

 

 

 

Qualifying and the Premium

 

 

 

Applicants for the $50,000 Washington D.C. employment agency bond are automatically approved without a credit check. The premium is $900 for your 2 year bond, $450 for each year. The $900 premium is paid at once.

When you call us, we’ll take the application from you over the phone. This really just consists of providing us with your name and address, as they should appear on your bond. We’ll also request your name as Principal.

After payment of the premium, the bond is issued to you immediately.

Applicants for $100,000 employment agency bond will need to provide us with a signed application and undergo review by our underwriters which includes a credit inquiry.

Approval for the $100,000 surety bond amount is based on good credit. The premium upon approval is $1800 for the two year period.

For both surety bond amounts, once your bond and Power of Attorney are received in the mail, you’ll sign your bond as Principal, have it signed by two witnesses, and file the received documents to:

District of Columbia Dept. of Consumer Regulatory Affairs

1100 4th Street, SW

Washington, DC 20024

202-442-4400

 

 

 

Purpose of Your Surety Bond Requirement

 

 

 

The purpose of your surety bond is a financial guarantee which ensures your compliance with all rules, laws, regulations, and any amendments involved in operating an employment agency in Washington D.C.

More specifically, this refers to Chapter 4 of the Code of the District of Columbia.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, and fiduciary bonds in all 50 states and the District of Columbia.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out the form below and a Surety Agent will contact you…

Request a Callback

  • MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your surety bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.

BE IN TOUCH

CONTACT US