District of Columbia Health Club and Spa Bonds
District of Columbia Health Club or Spa Bond Information
A Health Spa Bond is a type of surety bond required for District of Columbia health spas that contract health spa sales for goods or services to be provided or made available at a health spa. This includes those health spas planned, under construction, or in operation as required by the Department of Consumer and Regulatory Affairs. The surety bond protects a buyer of a health spa product or service who suffers a financial loss or damage due to a breach of contract, violation of state laws or bankruptcy by the bonded health spa.
How Much Does a Health Club or Spa Bond Cost in District of Columbia?
Bonds up to $25,000
1% of the Bond Amount
Bonds over $25,000