The RBQ licence bond is more than just a legal requirement, it’s a vital guarantee to build credibility and operate legitimately as a contractor in Québec. This guarantee shows clients you’re reliable and committed to fulfilling your obligations, reinforcing trust and giving your business a competitive edge.
At J. Gérard Fortin & Associés, we understand that each contractor has unique needs. That’s why we help you choose the most efficient and advantageous solution. By opting for an insurer-backed bond instead of locking in thousands of dollars with the RBQ, you preserve your liquidity, something that can make all the difference for growing your projects.
Although mandated by law, the licence bond can be a strategic asset if selected wisely. There are two types of bonds, depending on your field of activity, specialized contractor or general contractor, each with distinct required amounts and conditions.
Our experts will guide you to ensure you secure a compliant bond quickly, at the best cost, and with ease.
$20,000 for specialized contractors
$40,000 for general contractors
Insurance bond: fast, flexible, and cost-efficient
Direct deposit to RBQ: funds are frozen and may be restrictive
Typically a few hundred dollars, depending on your profile and insurer
Avoids tying up your capital in large guarantees
Usually quick if the file is complete
Support is available to simplify the administrative process
In most cases, the bond can be issued within 24 to 48 business hours after submitting all required documents. It’s advisable to apply well in advance of your licence filing.
Yes, the RBQ licence bond is valid for one year and must be renewed annually to maintain your licence. If your situation hasn’t changed, renewal generally only requires the payment of the agreed premium, without repeating the original application process.
If a valid claim is filed against you, the insurer may pay up to the bond amount ($20,000 or $40,000). You will be required to reimburse the insurer. The bond protects the public, not the contractor, so you remain responsible for any sums disbursed.