The Régie du bâtiment du Québec (RBQ) invites you to consult the table that shows the acceptable types of security and documents required. If you obtain licence security from a financial institution, only the following security forms mentioned in table will be accepted. For the time being, an irrevocable and unconditional letter of credit issued by a financial institution (a letter of guarantee from a bank) is not one of the security forms accepted by the RBQ.
The original certificate of a licence security must be sent to the RBQ by mail, at the address provided on the page Contact Us.
for the members of a contractors’ association
A contractors’ association (for its members) solidarily with:
Certified cheques and bank drafts are submitted to the Ministère des Finances as “deposits and consignments.” Even if the contractor wishes to terminate his security, the security can only be released after 5 years. If a civil action is filed within the deadlines prescribed in subsection 37 and a final judgement is not rendered, the security is not released.
Under the Bank Act(R.S.C., 1991, c.B-1), the Act respecting financial services cooperatives (R.S.Q., c. C-67.3), the Act respecting trust companies and savings companies (R.S.Q., c. S29.01) or the Act respecting insurance (R.S.Q., c. A-32).
Under the Bank ACt (R.S.C., 1991, c. B-1), the Savings and Credit Unions Act (R.S.Q., c. C-4.1) and the Act respecting trust companies and savings companiers (R.S.Q., c. S-29.01).