Any person or business entity that undertakes, offers to undertake, or submits a bid to do work as a contractor in Oregon, specifically those seeking a General Contractor endorsement for residential or commercial projects. Required when: Application for a new contractor license or renewal of an existing license with t…
Overview
What it is.
Any person or business entity that undertakes, offers to undertake, or submits a bid to do work as a contractor in Oregon, specifically those seeking a General Contractor endorsement for residential or commercial projects. Required when: Application for a new contractor license or renewal of an existing license with t…
Who usually needs it
Any person or business entity that undertakes, offers to undertake, or submits a bid to do work as a contractor in Oregon, specifically those seeking a General Contractor endorsement for residential or commercial projects.
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 BoardRenewalThe bond must be maintained continuously as long as the license is active. Licensees must renew their CCB license every two years, and the surety must provide notice to the CCB if the bond is cancelled or changed. Statu…Bond classLicense BondCategoryConstructionBondConstruction Contractors Board Surety BondStatutory referenceORS 701.068, ORS 701.081, ORS 701.084JurisdictionState
