Oregon Contractors License Bonds

Anyone who is working or wanting to work in the state of Oregon for monetary compensation in any construction or contracting activity that involves improvements to real property is required to be licensed as a contractor in accordance with Chapter 701 of the Oregon Revised Statutes.  In order to secure your license, the Oregon Construction Contractors Board (ORCCB) requires that the licensee provide a Contractors License bond in an amount as required by the contractors specific endorsement.  If you are unsure of your specific requirement, please refer to the Endorsement sheet or visit the ORCCB's website for additional information. 

How much do Oregon Contractors License Bonds cost?

As with any surety bond, the rate, or cost, of the bond is dependant upon the risk it is covering.  Oregon contractors bonds range between 1-1.2% and are instant issue for bonds under $25,000.  Bonds over $25,000 will require a credit report on the principal owners of the business and will be charged the same rate as long as their credit qualifies.  Accounts with credit issues can still get a bond through our non standard or damaged credit bonding program.  

What are the Oregon Residential Contractors License Bond Requirements?

Contractors with a residential endorsement may work on residential and small commercial structures. Each of the license endorsements provides for the scope of work and the limitations associated within each classification.  Simply apply and purchase your OR Residential contractors license bond today!  Once you pay, you will be able to print your bond immediately.

Residential Contractors License Endorsements	Bond Required	Annual Cost
Residential General Contractor (RGC)	$20,000	Instant Issue!  $200
Residential Specialty Contractor (RSC)	$15,000	Instant Issue!   $150
Residential Limited Contractors (RLC)	$10,000	Instant Issue!  $100
Residential Developer (RD)	$20,000	Instant Issue!   $200

Restricted Residential Contractors License Endorsements	Bond Required	Annual Cost
Home Services Contractor (HSC)	$10,000	Instant Issue!  $100
Residential Locksmith Services Contractor (RLSC)	$10,000	Instant Issue!   $100
Home Inspector Services Contractor (HISC)	$10,000	Instant Issue!  $100
Home Performance Score Contractor (HEPSC)	$10,000	Instant Issue!  $100
Residential Restoration Contractor (RRC)	$10,000	Instant Issue!  $100

What are the Oregon Commercial Contractors License Bond Requirements?

Contractors with a Commercial Endorsement may work on both large and small commercial projects. Each endorsement has a seperate surety bond requirement based upon the work allowed under the license classification.

Commercial Contractors License Endorsements	Bond Required	Annual Cost
Commercial General Contractor Level 1 (CGC1)	$75,000	Requires Underwriting
Commercial General Contractor Level 2 (CGC2)	$20,000	Instant Issue!  $240
Commercial Specialty Contractor Level 1 (CSC1)	$50,000	Requires Underwriting
Commercial Specialty Contractor Level 2 (CSC2)	$20,000	Instant Issue!  $240
Commercial Developer (CD)	$20,000	Instant Issue!  $240

*Contractors with both a commercial and residential endorsement must post one bond for each endorsement 

Construction Flagging Contractors License Bonds

Oregon requires Construction Flagging Contractors to post and maintain a $20,000 Construction Flagging Contractor Bond as part of the required license.  A construction flagging contractor directs the flow of traffic on a public road way to prevent issues between the construction activity taking place and the ordinary flow of traffic on the roadway.  Licensing requirements for construction flagging contractors can be found  on the OR CCB's website

Construction Flagging Contractor	Bond Required	Annual Cost
Construction Flagging Contractor	$20,000	Instant Issue!  $200

What are the Oregon Landscape Contractors License Bond Requirements?

Landscape contractor surety bonds are required by the Oregon Landscape Contractors Board.  If you are a landscape contracting businesses or landscape construction professional operating within the state, you must post a surety bond in accordance with the project size as listed below.  These bonds are Instant Issue, No Credit check and No Indemnity agreement is required, simply complete our online application, pay for your bond and you can print your bond immediately.

Landscape Contractors License Bonds	Bond Required	Annual Cost
Landscape Contractors License For Projects $10,000 or less	$3,000	Instant Issue!  $100
Landscape Contractors License For Projects between $10-$25,000	$10,000	Instant Issue!  $100
Landscape Contractors License For Projects betwen $25 - $50,000 or Probationary Businesses	$15,000	Instant Issue!  $150
Landscape Contractors License Bond For Projects greater than $50,000	$20,000	Instant Issue!  $200