Model Treasury Circular 570 contractor license and AIA A312 performance/payment bond premiums, NCCI workers compensation class codes and Experience Modification Rates (EMR), 50-state statutory mechanics lien deadlines, and Davis-Bacon Certified Payroll Form WH-347 fringe burdens. Export jurisdiction-locked statutory filing packets or bind instant underwriting quotes.
Field construction payroll of $650,000 classified at $6.80 per $100 of remuneration with a 1.00 unity EMR modifier yields $44,200.00 in annual workers compensation manual premium.
Statutory $25,000 CSLB contractor license bond underwritten at a 1.50% preferred credit tier rate (1.0x single-year factor) yields a $375.00 annual surety bond premium.
Public works contract of $1,200,000 under SFAA Class B sliding-scale rates ($2,500 on first $100k at 2.5% + $6,000 on next $400k at 1.5% + $7,000 on remaining $700k at 1.0%) produces a $15,500.00 combined AIA A312 performance and payment bond premium.
Unpaid progress draw of $85,000 plus $12,500 in executed change orders with 0 late preliminary notice days preserves $97,500.00 in secured statutory mechanics lien principal.
Withholding 10.0% retainage ($90,000) on $900,000 of progress billings financed at 8.50% APR for 180 days locks up $93,772.60 in principal plus working capital interest drag.
Paying $48.00/hr base wage plus $22.00/hr fringe in cash-in-lieu over 2,000 hours with a 14.5% FICA/FUTA/WC payroll burden on cash fringes totals $146,380.00 ($6,380.00 excess payroll tax penalty vs a bona fide ERISA trust).
Qualified 401(k) retirement plan holding $2,400,000 in qualifying plan assets under 29 U.S.C. 1112 (10% statutory bond rule capped at $500,000) requires a $240,000.00 ERISA fidelity bond.
Direct job cost of $340,000 divided by (1.0 minus 20.0% combined overhead and profit margin) requires a $425,000.00 contract bid price (1.25x markup divisor).
Manual workers compensation premium of $52,000 modified by a 1.15 debit EMR and a 5.0% state safety committee credit yields $56,810.00 net audited premium.
Serving a California 20-Day Preliminary Notice on Day 20 from first furnishing preserves 100% ($120,000.00) of statutory mechanics lien and stop payment notice rights.