District of Columbia Employment Agency License Bond
Any individual, partnership, association, corporation, contractor, or subcontractor operating in the District of Columbia who, for a fee, procures, offers, or attempts to procure job-seekers for employers or employment for job-seekers, and whose fees are charged (in whole or in part) to the job-seekers contracting for those employment services, must first be licensed by the DC Department of Consumer and Regulatory Affairs. In addition, a DC Employment Agency License surety bond is required as part of the licensing requirements as per DC Official Code: Title 32, Chapter 4; DC Municipal Regulation: Title 8, Chapter 1, Subchapter VI
Employment Agency Service Surety Bond
All applicants for a Basic Business License for the Employment Agency category must post an Employment Agency Surety Bond for the duration of the two-year license period. The Surety Bond may be issued by an authorized insurance carrier, or the applicant may post a cash bond with the Department of Consumer and Regulatory Affairs for the following amounts:
If the average fee for a job seeker is $2,000 or more and the Employment Agency business enters into contracts with 100 or more job seekers per year, a bond in the amount of $100,000 shall be filed.
If the average fee for a job seeker is less than $2,000 and the Employment Agency business enters into contracts with fewer than 100 job seekers per year, a bond in the amount of $50,000 shall be filed.
Get your DC Employment Agency License Bond today!!
Start your application in the GET STARTED HERE box in the upper right to apply for your Surety Bond. Let our expert staff get the bond you need at the lowest possible price! We work fast so you can stay focused on your business - Satisfaction Guaranteed!