The State of Oregon requires a surety bond to obtain a contractors license. The state requires ” anyone who works for compensation in any construction activity involving improvements to real property to be licensed with the Oregon Construction Contractors Board (CCB). This includes roofing, siding, painting, carpentry, concrete, on-site appliance repair, heating and air conditioning, home inspections, tree service, plumbing, electrical, floor covering, manufactured dwelling installations, land development and most other construction and repair services. :” . And, A CCB license is also required for:
This blog will concentrate on the surety bond requirement for residential contractors in Oregon and tomorrow we will take a look at the bond requirement for commercial contractors. Some States, like California for instance, require all licensed contractors to have a valid surety bond in the amount of $12,500 as one of the license requirements.
Oregon, however, requires a different contractors license bond depending on the type and scope of work the contractor is doing. Contractors with a residential endorsement on their license may perform work on Residential Structures and Small Commercial Structures only. Residential structures are defined by the Oregon CCB as:
The Oregon CCB defines small commercial construction as:
The Surety Bond requirment for contractortrs with a residential enorsement are as follows: