The State of Oregon requires almost all contractors in the state to maintain a valid license. As part of the license requirement, a surety bond is required, in varying amounts, depending on the type of commercial contractor and the volume of worked performed. The types of commercial licenses and the corresponding surety bond requirement are as follows:
No credit check on the $20,000 bond. (Subject to approval of the underwriting surety company.)
For more information about license types, visit the Oregon Contractors License Board.
The cost of the surety bond is as low as 1%*, and in most cases, Surety1 can provide a firm quote on the same day the bond is applied for.
In order to find out the cost of the surety bond, all we need is the completed application. Surety1 has access to the best surety markets available, so we will be able to get you bonded quickly at the best possible price!
There are eight different classifications of licenses in Oregon. To see which on you need, click on the link below for a brief description.