Contractors.

Existing law provides for the licensure and regulation of contractors by the Contractors' State License Board. Existing law requires a home improvement contract, as defined, to be in writing and to contain certain information, notices, and statements. Existing law requires certain of those notices and statements to be in at least 10-point or 12-point boldface type, as specified. Existing law also provides that a contractor furnishing a bond, bond equivalent, or joint control approved by the registrar of contractors need not include, as part of the contract, certain of those notices and statements. This bill would additionally provide that a contractor furnishing a performance and payment bond need not include, as part of the contract, a notice stating that the owner or tenant has the right to require the contractor to have a performance and payment bond provided that the contractor gives the owner tangible evidence of the bond, as specified, and would also provide that a contractor furnishing a bond, bond equivalent, or joint control is exempt from certain typeface point size requirements as long as the required notices and statements meet specified legibility and readability standards. The bill would also make conforming changes to related provisions.