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Requires brokers of construction
trucking services to post a minimum
$15,000 surety bond in order to
provide its services to any
construction project.
The
bond is conditioned on the payment
of all sums due to any individual.
The bond also secures the payment of
claims of a contracted motor carrier
of property in dump truck equipment
if the broker failed to pay the
carrier within the time period
specified in existing law.
It is required that a “broker of
construction trucking services”, as
defined in Section 3322 of Civil
Code, must hold a bond of not less
than $15,000, executed by an
admitted surety, prior to
dispatching, hiring, contracting
with, or otherwise engaging the
services of any motor carrier of
property in dump truck equipment.
The surety bond shall ensure the
payment of the claims of a
contracted motor carrier of property
in dump truck equipment if the
broker fails to pay the contracted
motor carrier within the time period
specified in Civil Code section
3322: “…by the 25th day following
the last day of the calendar month
in which the transportation was
performed, if the charges, including
all necessary documentation, are
submitted by the fifth day following
the last day of the calendar month
in which the transportation was
performed.”
A broker of construction trucking
services who either fails to hold a
bond or to provide written evidence
of the bond as required would be
guilty of a misdemeanor and subject
to a fine in an amount not to exceed
$5,000. Additionally, in legal
actions brought by sub haulers to
collect any payment owed to them by
the broker, non-bonded brokers would
be subject to a rebuttable
presumption that the broker failed
to pay the amount claimed by the sub
hauler.
Annual Premium Rates Start at
$225.00
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