Oregon Contractor – Residential Specialty License Bond

An Oregon Contractor – Residential Specialty License Bond is a type of surety bond required for some contractors by the Oregon Construction Contractors Board (CCB) to obtain a state license. The bond amount is $20,000 and the cost of the surety bond is usually between 1% and 3% of the bond amount. Surety1 will shop its many markets to procure the right price at the right terms.

How to Get an Oregon Contractor – Residential Specialty 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 Contractor – Residential Specialty 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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Who Needs this License & Bond?

An Oregon Contractor – Residential Specialty License is required for contractors who intend to perform:

• One or two unrelated building trades for residential or small commercial projects, such as a plumber-electrician or a framing-roofing contractor. These contractors can manage and supervise work within their licensed trades and can subcontract out additional trades not covered by their license.
• Projects on single properties involving three or more unrelated building trades, as long as the contract for labor and materials does not exceed $2,500. This allows handyman-type services to handle smaller, multi-trade projects without needing a broader license.

Here are some examples of when you would need a Residential Specialty License:

• You are a plumber who also wants to do electrical work on residential projects.
• You are a carpenter who wants to add roofing services to your business.
• You are a handyman who wants to be able to take on small jobs involving multiple trades, like kitchen remodels or bathroom updates.

However, you would not need a Residential Specialty License if:

• You only work on one specific trade, like plumbing or electrical work.
• You work on larger projects that involve multiple trades and exceed the $2,500 limit for single properties.
• You are a subcontractor working under the supervision of a licensed contractor who covers the necessary trades.

You can learn more about Oregon Contractor License Bonds and requirements on the website of the Oregon Construction Contractors Board (CCB): https://secure.sos.state.or.us/oard/viewSingleRule.action?ruleVrsnRsn=257653

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.

• 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

You can learn more about Oregon Contractor License Bonds and requirements on the website of the Oregon Construction Contractors Board (CCB): https://secure.sos.state.or.us/oard/viewSingleRule.action?ruleVrsnRsn=257653