Rhode Island bi-weekly payment bonds.
From $100.
Rhode Island normally requires weekly wage payment. To pay less often, an employer petitions the Department of Labor and Training and posts a surety bond in the amount of its highest bi-weekly payroll exposure under R.I. Gen. Laws § 28-14-2.2. Premiums are 4% of the bond amount, with a $100 minimum — enter your figure to see your exact price.
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How much does a Rhode Island bi-weekly payment bond cost?
4% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps to your DLT approval.
Your petition to pay less often than weekly is waiting on this security. Here's the whole process:
Apply online
Business details, the bond amount tied to your bi-weekly payroll, and an effective date. The only extra step is a one-time consent to a soft credit pull.
Approved
Most are approved as soon as you apply. The soft pull is never a hard inquiry and never affects your score. If it needs a second look, one to two business days at most.
File with your DLT petition
Pay online and receive the executed bond, ready to submit with your written petition to the Department of Labor and Training. Wet-ink originals mailed on request.
What it is and who needs it.
What the bond actually guarantees
Rhode Island law makes weekly wage payment the default. Under R.I. Gen. Laws § 28-14-2.2, the Director of the Department of Labor and Training may permit an employer to pay less often — but only on a written petition showing good and sufficient reason, and only with security covering the wages at stake.
The accepted security is a surety bond, or other sufficient demonstration of security, in the amount of the highest bi-weekly payroll exposure for the affected employees in the preceding year. The bond stands behind those wages: if the employer fails to pay them, employees can recover against the bond.
It is not insurance for the employer — if the surety pays employees, the employer repays the surety. An employer who pays on its predesignated schedule treats the bond as a filing formality. Confirm the exact amount and conditions with the DLT, since the petition drives both.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with your DLT petition. Pay online and receive the executed bond, ready to submit with your written petition to the Department of Labor and Training. Wet-ink originals mailed on request.
What sets the price
The premium is 4% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other Rhode Island bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Your DLT petition is waiting on one document.
Premiums from $100. Enter your bi-weekly payroll exposure and see your exact price.