State of Oregon - Construction Contractors Board Surety Bond - Commercial
General Contractor - Bond runs to State
Overview
What it is.
General Contractor - Bond runs to State
Who usually needs it
Licensed commercial contractors in Oregon who perform construction work on large commercial structures and are regulated by the Oregon Construction Contractors Board must obtain this bond as part of their commercial contractor license application, renewal, or endorsement under ORS Chapter 701. Contractors holding both residential and commercial endorsements…
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$25,000ObligeeState of OregonBond classLicense BondCategoryOtherBondState of Oregon - Construction Contractors Board Surety Bond - CommercialPlain descriptionGeneral Contractor - Bond runs to StateWho needs this bondLicensed commercial contractors in Oregon who perform construction work on large commercial structures and are regulated by the Oregon Construction Contractors Board must obtain this bond as part of their commercial con…
