Contractor License Bond - Oregon

Bond911 specializes in Contractor License Bond - Oregon Nationwide!

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Bond Amount

Bond amount varies based on contractor type and classification. Refer to table below for bond amounts.

Requiring Entity

State of Oregon, Construction Contractors Board

Underwriting Criteria

Instant issue with no credit check requirement!

Premium Rate

Rate varies based on bond amount

Who is Required to Secure this Bond

Anyone providing construction services for improvements to real property in the State of Oregon is required by Oregon law to be licensed with the Oregon Construction Contractors Board (CCB). The CCB requires all licensed contractors to provide a Oregon contractor license bond with their application, equal to the amount required for their license classification.

Why is the Bond Required

The Oregon contractor license bond is mandated by the licensing requirements of the CCB. The bond is provided to protect consumers receiving services from contractors providing services in Oregon.

Who is Protected Under this Bond

The Oregon Contractor License bond is payable to the State of Oregon and provides protection for consumers receiving services from licensed contractors.

Underwriting Process

An Oregon contractor license bond is underwritten based on the personal credit report of the business owner/applicant. The bond rate varies based on the license classification, amount and credit report. Once an application for an Oregon contractor license bond is received, it will be submitted to the surety company for approval. A response on the approval and rate will be provided within 24 business hours of receiving the application. 

What you Need to do Once you Have your Bond

The original bond must be filed with the Oregon CCB once approved. The Oregon CCB will not accept faxed or emailed copies of the bond. Once filed with the Oregon CCB, the bond will remain in effect until cancelled by the surety company.   

Addtional Resources

Oregon Construction Contractors Board
Licensing Application and Information
 

Commercial Contractors

Endorsement Classifications

Bond Amount

Commercial General Contractor Level 1 (CGC1)
$75,000 Commercial Bond
Commercial General Contractor Level 2 (CGC2)
$20,000 Commercial Bond
Commercial Specialty Contractor Level 1 (CSC1)
$50,000 Commercial Bond
Commercial Specialty Contractor Level 2 (CSC2)
$20,000 Commercial Bond
Commercial Developer (CD)
$20,000 Commercial Bond

Residential Contractors

Endorsement Classifications

Bond Amount

Residential General Contractor (RGC)
$20,000 Residential Bond
Residential Specialty Contractor (RSC)
$15,000 Residential Bond
Residential Limited Contractors (RLC)
$10,000 Residential Bond
Residential Developer (RD)
$20,000 Residential Bond