A Pre-Licensure Training Provider Surety Bond is required for businesses or individuals in Oregon who offer training courses to people preparing to become construction contractors. The State of Oregon Construction Contractors Board requires this $10,000 bond to protect students and the public. If the training provider…
Overview
What it is.
A Pre-Licensure Training Provider Surety Bond is required for businesses or individuals in Oregon who offer training courses to people preparing to become construction contractors. The State of Oregon Construction Contractors Board requires this $10,000 bond to protect students and the public. If the training provider…
Who usually needs it
Pre-licensure training providers (businesses or schools) approved to offer training courses for individuals seeking Oregon contractor licenses must obtain this bond. These providers deliver pre-licensure education covering topics like state laws, building codes, OSHA standards, financial management, and contract law to prepare students for contractor licens…
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 amount$10,000ObligeeState of Oregon Construction Contractors BoardBond classLicense BondCategoryOtherBondPre-Licensure Training Provider Surety BondPlain descriptionA Pre-Licensure Training Provider Surety Bond is required for businesses or individuals in Oregon who offer training courses to people preparing to become construction contractors. The State of Oregon Construction Contr…Who needs this bondPre-licensure training providers (businesses or schools) approved to offer training courses for individuals seeking Oregon contractor licenses must obtain this bond. These providers deliver pre-licensure education cover…
