This bond is required for anyone who wants to work as a commercial contractor in Oregon. It protects your clients and the state if you don't follow construction laws, break your contract, or fail to pay workers and suppliers. The bond amount varies based on your specific situation. If someone files a valid claim again…
Overview
What it is.
This bond is required for anyone who wants to work as a commercial contractor in Oregon. It protects your clients and the state if you don't follow construction laws, break your contract, or fail to pay workers and suppliers. The bond amount varies based on your specific situation. If someone files a valid claim again…
Who usually needs it
Licensed commercial contractors in Oregon, including Commercial General Contractors (CGC) and Commercial Specialty Contractors (CSC), must obtain this bond as required by the Oregon Construction Contractors Board for all new and renewal commercial contractor license applications. This includes contractors with commercial endorsements and dual-licensed contr…
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 amountVaries by license type or projectObligeeState of OregonBond classLicense BondCategoryConstructionBondOregon Commercial Contractor License BondJurisdictionStatePlain descriptionThis bond is required for anyone who wants to work as a commercial contractor in Oregon. It protects your clients and the state if you don't follow construction laws, break your contract, or fail to pay workers and supp…Who needs this bondLicensed commercial contractors in Oregon, including Commercial General Contractors (CGC) and Commercial Specialty Contractors (CSC), must obtain this bond as required by the Oregon Construction Contractors Board for al…
