Any individual or business entity that performs, or offers to perform, construction activities for compensation in Oregon, including HVAC installation, maintenance, and repair. Required when: Required as a condition of obtaining or renewing a construction contractor license with the Oregon Construction Contractors Boa…
Overview
What it is.
Any individual or business entity that performs, or offers to perform, construction activities for compensation in Oregon, including HVAC installation, maintenance, and repair. Required when: Required as a condition of obtaining or renewing a construction contractor license with the Oregon Construction Contractors Boa…
Who usually needs it
Any individual or business entity that performs, or offers to perform, construction activities for compensation in Oregon, including HVAC installation, maintenance, and repair.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateORBond amountThe bond amount is determined by the contractor's license endorsement: Resident…Term lengthContinuousObligeeOregon Construction Contractors Board (CCB)RenewalThe bond remains in effect as long as the surety company receives premium payments and does not cancel the bond. The contractor's CCB license must be renewed every two years, and proof of a valid bond is required for re…Bond classLicense BondCategoryConstructionBondConstruction Contractor BondStatutory referenceORS 701.068JurisdictionState
