Private property owners in Oregon who construct, alter, or abandon water wells on their own property without hiring a licensed contractor must obtain this bond. This bond is required as an alternative compliance mechanism under the Groundwater Act of 1955 (ORS 537.505 to 537.795) to ensure landowners meet state laws and regulations for water well work.
Pricing & timing
What to expect.
Generic pricing
Reclamation bonds ensure land or environmental restoration after mining, drilling, or construction activities. Typical Pricing:. • Rates: Commonly around 1–5% of the bond amount, though higher rates may apply for larger or higher-risk projects. • Bond amounts: Often $10,000 to several million dollars based on project scope. • Full underwriting: Required including financial review and environmental assessment. Reclamation and environmental bonds are specialized and require detailed project i…
Typical timeframe
Full underwriting required — typically 5–7 business days
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 amount$10,000ObligeeState of OregonBond classReclamation BondCategoryOtherBondLandowner's Water Well BondPlain descriptionWater Well Constructor - Bond runs to StateWho needs this bondPrivate property owners in Oregon who construct, alter, or abandon water wells on their own property without hiring a licensed contractor must obtain this bond. This bond is required as an alternative compliance mechani…
