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Texas staff leasing bonds.
$1,000 flat.

A Texas staff leasing service, now called a professional employer organization (PEO), must show positive working capital to hold a license from the Department of Licensing and Regulation (TDLR). With more than 750 assigned employees, that figure is $100,000, and a surety bond can make up a shortfall. Ours is $1,000 flat.

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Filed with TDLR as financial security for a PEO license or renewal under Labor Code § 91.014
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$100,000 is the top working-capital tier — more than 750 assigned employees in Texas
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Fixed price, fixed amount — $100,000 bond, $1,000, no quote process
A-ratedA.M. Best carriersInstantissued the moment you paySoft pull onlynever a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
How it works

Three steps. One sitting.

Your TDLR license file is waiting on one instrument. Here is the whole process:

NOW · ONLINE

Apply online

Company details, the county you operate from, the effective date, and a short set of commercial questions. The only extra step is a one-time consent that authorizes a soft credit pull.

MINUTES, USUALLY

Pay & e-sign

Fixed-amount license bonds like this are among the thousands of bond types that issue right after purchase. The soft pull informs approval, never the price — $1,000 either way.

SAME DAY

File with TDLR

TDLR wants the original bond and the original power of attorney, so we mail the wet-ink pair and email the executed copy the same day, ready to go in with your audited financial statement.

About this bond

What it is and who needs it.

What the staff leasing bond actually guarantees

Texas licenses staff leasing services — professional employer organizations — through TDLR under Labor Code chapter 91. A PEO co-employs a client's workforce and takes over payroll, payroll taxes, benefits administration and workers' compensation, so the state conditions the license on financial strength: an applicant for an original or renewal license must show positive working capital, defined as current assets minus current liabilities under GAAP.

The threshold scales with headcount: $50,000 for fewer than 250 assigned employees, $75,000 for 250 to 750, and $100,000 for more than 750 — the tier this bond is written for. Read TDLR's rule carefully, because it changed: a surety bond, letter of credit or guaranty on its own is no longer accepted as proof of positive working capital. Every applicant must file an audited financial statement, and the bond sits alongside it to make up any shortfall.

That makes the sizing arithmetic specific. Where a company has negative working capital, TDLR requires security equal to the required positive working capital plus the amount of the negative working capital — so a large PEO $40,000 in the hole needs $140,000 of security, not $100,000. This $100,000 bond covers the base tier exactly; if your audited statement shows a deficiency on top, tell us the total and we will write that figure instead. TDLR takes the original bond and the original power of attorney, and there is no waiver provision in the statute.

Tex. Labor Code § 91.014 · TDLR PEO program (16 TAC ch. 72)Labor Code § 91.014 requires an applicant for an original or renewal PEO license to demonstrate positive working capital of $50,000 if it employs fewer than 250 covered employees, $75,000 if at least 250 but not more than 750, and $100,000 if more than 750. The working capital must be shown on an audited financial statement prepared under GAAP, audited by an independent CPA, and without qualification as to going concern; TDLR additionally requires that statement to show the working capital on a date not more than 15 months before it receives the initial or renewal application. TDLR's guidance states that surety bonds, letters of credit and guaranties are no longer accepted alone as proof of positive working capital, and that a company with negative working capital must post security equal to the required positive working capital plus the amount of the negative working capital, submitting the original bond and the original power of attorney. Full PEO licenses renew annually under TDLR's rules at 16 TAC chapter 72. Confirm the amount on your TDLR file before you buy.

You need this bond if you are

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A PEO with more than 750 assigned employees in Texas, at the $100,000 working-capital tier
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Renewing your TDLR license and your audited statement does not clear the threshold on its own
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Crossing the 750-employee line and moving up from the $75,000 tier
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Replacing a letter of credit with a bond, to free up the cash your bank is holding
After you buy

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 $100,000 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; a longer term is the same price per year, chosen at checkout.

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 TDLR. TDLR wants the original bond and the original power of attorney, so we mail the wet-ink pair and email the executed copy the same day, ready to go in with your audited financial statement.

What sets the price

The premium is fixed at $1,000 at the $100,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or 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 issuing fields, including the one-time consent that authorizes a soft credit pull. Submit once and the executed bond is generated ready to file with TDLR.

Start the application →
FAQ

Common questions.

How much is the Texas staff leasing bond at the $100,000 tier?The premium is $1,000 flat — set by our carrier's rate book for this bond, the same for every PEO at this tier. The bond amount matches the top working-capital threshold in Labor Code § 91.014, so there is no quote process.
Do I pay the $100,000?No. You pay $1,000. The $100,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, not collateral, and nobody holds your money.
Does the bond replace my audited financial statement?No, and this is the point TDLR is most explicit about. A surety bond, letter of credit or guaranty is no longer accepted on its own as proof of positive working capital — every applicant files an audited financial statement, and the bond covers a shortfall alongside it. A company with negative working capital needs security equal to the required positive working capital plus the negative amount.
How fast will I have the bond?License bonds like this are among the thousands of bond types that issue right after purchase — many PEOs finish the application and have the executed bond in the same sitting. TDLR wants the original bond and the original power of attorney, so the wet-ink pair goes out by mail as well.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. No hard inquiry ever runs on this bond, and the result informs approval, never the price: $1,000 either way.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

One instrument between you and the TDLR file.

$1,000 flat, a short application, soft pull only, and the wet-ink original in the mail the same day. Free until issued.

Your price$1,000
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