Oregon Commercial Developer Contractor’s License Bond

Oregon Commercial Developer Contractor’s License Bond, is required by the Oregon Contractor’s License Board  in the amount of $20,000. The cost of the surety bond is usually between 1% and 3% of the bond amount, subject to a minimum premium and fees of $150. Surety1 will shop its many markets to procure the right price at the right terms.

Also known as Contractors License Bond, Oregon Developer (RD): Developers that fall into this category are defined by the state of Oregon as:

1. The applicant owns the properties, or an interest in the properties, on which it arranges for construction work;
2. The applicant arranges for construction work or improvement of residential or small commercial real property, with the intent to sell the property;
3. The applicant acts in association with one or more licensed general contractors who have sole responsibility for overseeing all phases of construction activity on the property;
4. The applicant does not perform any construction work on the property.

No Credit check required for Oregon Contractors License Bonds with bond amounts up to $20,000.

Visit the Oregon Contractor’s License Board website for more information.

How to Get an Oregon Commercial Developer Contractor’s License Bond

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

1. Complete the easy to navigate and secure online application. ¹
2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the Oregon Commercial Developer Contractor’s License Bond will be shipped to the bond applicant.
^{1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.} 

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.

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Other Types of Oregon CLBs

There are eight different classifications of licenses in Oregon. To see which on you need, click on the link below for a brief description.

• Oregon Contractor – Commercial General Bond
• Oregon Contractor – Landscape Surety Bond
• Oregon Contractor – Residential Developer Bond
• Oregon Contractor – Residential General Bond
• Oregon Contractor – Residential Limited Surety Bond
• Oregon Contractor – Residential Specialty Surety Bond