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 Oregon Commercial Contractor License Bonds as follows:
- Commercial General Contractor Level 1 (CGC-1) $75,000 Bond
- Commercial General Contractor Level 2 (CGC-2) $20,000 Bond
- Commercial Specialty Contractor Level 1 (CSC-1) $50,000 Bond
- Commercial Specialty Contractor Level 2 (CSC-2) $20,000 bond**
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.
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!
Other Types of Oregon Contractor’s License Bonds
There are eight different classifications of licenses in Oregon. To see which on you need, click on the link below for a brief description.
How to apply for a Oregon Commercial Contractor License Bond
At surety1 we make it easy to obtain your Oregon Commercial Contractor License Bond. Simply complete our easy to navigate, online application and usually within one business day, one of our surety bond professionals will contact you with a firm quote for the bond. Then, make payment, (all major credit cards accepted), sign some paper work and your bond will be delivered via traceable mail. Overnight deliver is also available.
Surety1, an AssuredPartners is the premier online provider of surety bonds nationwide since 2003. With an A+ rating from the better business bureau and licensed in all 50 states, Surety1 can handle all of your bonding needs. Performance and Payment bonds are also available.