Most Oregon contractors will qualify for the contractor bond rates listed below. However, if you have experienced previous problems in your credit history and would like a firm Oregon contractor’s license bond quote, please follow the “Get a Quote” link above and fill out our quick and easy Oregon contractor’s bond application. For offline quote requests, simply download our OR contractor’s bond application and either fax or mail it back to us. A CSIA agent will contact you within 24 hours of receiving your request to let you know what your OR contractor’s license bond quote is.
What exactly is an Oregon contractor’s license bond?
Also known as surety bonds, contractor’s bonds provide a promise from the surety company to the Oregon Construction Contractors Board that the licensed contractor will adhere to all contractor rules and regulations issued by the state. The contractors license bond is required by the State of Oregon to protect consumers that are receiving services from contractors providing services in Oregon. If the contractor does not comply with the conditions of contractor license law, a claim can be filed against their bond with the surety company.
What size bond should I get?
The size of the Oregon contractor’s license bond you will need to purchase depends on your license endorsement or classification (residential or commercial contractor) and personal credit report.
Do I need a Public Works Bond?
ORS 279C.836 requires that all independent contractors working on qualifying public works projects with a total project cost that exceeds $100,000, must obtain and file with the Construction Contractors Board (CCB) a public works bond with a corporate surety authorized to do business in Oregon for the amount of $30,000 before starting work on a contract or subcontract for a public works project.
For more information on Oregon contractor’s bonds or contract bonds from CSIA, call us toll-free today at 800-675-2000. Our friendly and knowledgeable representatives will be more than happy to answer any and all questions you may have about your Oregon contractor’s license bond. To request a quote, click here.
| Residential Contractors | ||||
|---|---|---|---|---|
| Endorsement Classification | Bond | 1 Year | 2 Years | 3 Years |
| Limited Contractors (RLC) | $10,000 | $120 | $170 | $240 |
| Specialty Contractor (RSC) | $15,000 | $180 | $255 | $360 |
| General Contractor (RGC) | $20,000 | $240 | $340 | $480 |
| Developer (RD) | $20,000 | $240 | $340 | $480 |
| Commercial Contractors | ||||
|---|---|---|---|---|
| Endorsement Classification | Bond | 1 Year | 2 Years | 3 Years |
| Specialty Contractor Level 2 (CSC2) | $20,000 | $240 | $340 | $480 |
| General Contractor Level 2 (CGC2) | $20,000 | $240 | $340 | $480 |
| Developer (CD) | $20,000 | $240 | $340 | $480 |
| Specialty Contractor Level 1 (CSC1) | $50,000 | $600 | $850 | $1,200 |
| General Contractor Level 1 (CGC1) | $75,000 | $900 | $1,275 | $1,800 |
| Landscape Contractors | ||||
|---|---|---|---|---|
| Endorsement Classification | Bond | 1 Year | 2 Years | 3 Years |
| Projects less than $10,000 | $3,000 | $75 | $85 | $100 |
| Projects between $10,000 and $25,000 | $10,000 | $120 | $170 | $240 |
| Projects over $25,000 or probationary business | $15,000 | $180 | $255 | $360 |
| Public Work Contractors | ||||
|---|---|---|---|---|
| Endorsement Classification | Bond | 1 Year | 2 Years | 3 Years |
| Public Works Bond | $30,000 | $360 | $510 | $720 |
9840 Business Park Drive Sacramento, CA 95827
Phone: 916-441-0100 Toll-Free: 800-675-2000
Fax: 916-856-5020
Lic: 0591979