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Oregon BOLI Statutory Public Works Bond

This bond is required for contractors working on public construction projects in Oregon. If you're a contractor bidding on or performing work for government buildings, schools, or other publicly funded projects, you need this $30,000 bond. It protects workers and suppliers by guaranteeing you'll follow Oregon's labor …

Bond amount$30,000
State or jurisdictionOregon
ObligeeOregon Bureau of Labor and Industries

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

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Overview

What it is.

This bond is required for contractors working on public construction projects in Oregon. If you're a contractor bidding on or performing work for government buildings, schools, or other publicly funded projects, you need this $30,000 bond. It protects workers and suppliers by guaranteeing you'll follow Oregon's labor …

Who usually needs it

Prime contractors and all subcontractors working on Oregon public works projects with a total cost exceeding $100,000 must obtain this bond before starting work. This includes any employer paying prevailing wages on such projects, even without a CCB license (such as flagging businesses or temp agencies employing public works laborers).

Pricing & timing

What to expect.

Generic pricing

Payment bonds guarantee that a contractor will pay subcontractors, laborers, and material suppliers. Typical Pricing:. • Small contracts: Commonly around 1–5% of the contract value. • Larger contracts: Rates generally scale lower as contract size increases. • Payment bonds: Often paired with performance bonds at a combined rate. • Full underwriting required: Credit, financials, experience, and bonding history reviewed. Payment bonds are required on most public projects alongside performance bonds. The Miller Act requires payment bonds on all federal projects over $150,000. Rates may vary based on risk factors.

Your quote determines the actual premium.

Typical timeframe

Full underwriting required — typically 3–5 business days

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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