Skip Navigation

Oregon Contractor License Bonds

What is an Oregon Contractor License Bond?

Contractor license bonds are surety bonds required Oregon licensed contractors by the Oregon Construction Contractors Board (CCB). The bond amount varies from $15,000 to $25,000 for residential contractors and $25,000 to $80,000 for commercial contractors.

See the table below for specific surety bond amounts required based on contractor type and license classification.

Increase to Bond Amounts! The CCB increased all bond amounts by $5,000 effective January 1, 2024.  

Get Your Oregon Contractor Bond

Residential General Contractor Bond
Residential Limited Contractor Bond
Residential Specialty Contractor Bond
Landscape Contractor Bond

Bonds up to $20,000

1-Year Bond Starts at $100.00
1.0% of the Bond Amount

Construction Flagging Contractor Bond
Residential Developer Bond
Home Services, Inspector, Performance Score, Restoration, or Locksmith Contractor Bond
Commercial Specialty Contractor Bond - Level 2
Commercial General Contractor Bond - Level 2
Commercial Developer Bond
Commercial Specialty Contractor Bond - Level 1

$55,000 Bond

Multi-Year Options May be Available

Commercial General Contractor Bond - Level 1

$80,000 Bond

Multi-Year Options May be Available

Contractor License Bond - Filed with City, County or Other Local Government

Bonds up to $25,000

1-Year Bond Starts at $100.00
1.0%-1.8% of the Bond Amount

2-Year Bond Starts at $175.00
1.0%-1.8% of the Bond Amount

Can't find what you need?

Let our bond experts help!

Get Started »
No obligation, takes 2 minutes

If you'd prefer, call us at 1-800-608-9950

Oregon Contractor Surety Bond Amounts

Effective January 1, 2024 all Oregon contractor license bonds required by the Contractor's Board must be increased $5,000 from their previous amounts. Below, see the old and new bond amounts.

Contractor Classification Previous Bond Amount New Bond Amount
Residential General Contractor $20,000 $25,000
Residential Specialty Contractor $15,000 $20,000
Residential Limited Contractor $10,000 $15,000
Residential Locksmith $10,000 $15,000
Residential Restoration Contractor $10,000 $15,000
Home Inspector $10,000 $15,000
Home Services Contractor $10,000 $15,000
Home Energy Performance Score Contractor $10,000 $15,000
Residential Developer $20,000 $25,000
Commercial General Contractor Level 1 $75,000 $80,000
Commercial General Contractor Level 2 $20 $25,000
Commercial Specialty Contractor Level 1 $50,000 $55,000
Commercial Specialty Contractor Level 2 $20,000 $25,000
Construction Flagger $20,000 $25,000
Commercial Developer $20,000 $25,000

Why is an Oregon Contractor Bond Required?

Understanding Oregon contractor bonds can be confusing, but essentially the surety bond guarantees that contractors comply with the Oregon Revised Statutes. In the event that the contractor's non-compliance results in third party damages, a claim may be filed against the bond.

A property owner is entitled to file a CCB complaint against a contractor for improper work or breach of contract.

The CCB may then direct the contractor to reimburse the property owner for damages for a valid complaint. If the contractor does not do so, the bonding company is obligated to pay the funds due to the property owner, up to the amount of the bond.

The contractor is legally obligated to indemnify the surety for any losses as defined in the indemnity section of the surety bond application.

Contractor Bonds And Getting Your Oregon Business License/Registration

Steps to get licensed:

  1. Determine the types of structures you will work on. This indicates what type of license endorsement you will need.
  2. Complete pre-license training and take the test. Select a Responsible Managing Individual to complete the prerequisite training and test.
  3. File your corporation, LLC, and/or assumed business name with the Oregon Secretary of State, Corporation Division or call 503-986-2200.
  4. Submit a CCB surety bond in the required amount(s).
  5. Obtain and provide proof of general liability insurance in the required amount.
  6. Purchase workers’ compensation insurance as required if you will be hiring employees.
  7. Obtain other employer account numbers such as state and federal tax numbers (as required).
  8. Complete the application that corresponds with your endorsement (Residential only, Commercial only, Both residential and commercial (dual)).
  9. Submit your application with your original bond, insurance certificate, and two-year license fee.
  10. Additional items may be needed and exact requirements may vary based on applicant, license type or obligee discretion. Please see obligee and state links in the Other Helpful Information and Links section below or contact the obligee directly for more information.

Additional Oregon Contractor Bond Resources & Links

Find licensing forms and more at the Oregon Construction Contractors Board site.

What are the CCB Bonding Requirements?

  • The original official bond from Surety Bonds Direct must accompany the application. The CCB cannot accept copies of bonds and submitting copies may delay your licensing process.
  • Surety Bonds Direct will issue and complete your bond on the appropriate CCB bond form. We also provide a money back guarantee that your bond will be accepted by the CCB.
  • The bonds must be issued in: (JV’s, LLP’s, Corp’s, LLC’s and trusts must match the name filed at the Oregon Corporation Division.)
    • Sole Proprietors: the full legal name of the sole proprietor
    • Partnerships & Joint Ventures: all partners full legal names in a partnership or joint venture (JV)
    • Limited Liability Partnerships: the full legal names of all partners in an LLP and the name of the LLP. Limited partnerships should contact the CCB at 503-378-4621 for special instructions
    • Limited Liability Companies: the name of the LLC 
    • Corporations & Trusts: the name of the corporation or trust
  • Surety Bonds Direct will provide the original signature of the bond company’s attorney-in-fact If a power of attorney form is attached to the bond, do not remove it.
  • The bond is not valid until it is submitted to and is put into effect by the CCB. The bond must be submitted to the CCB no later than 60 days from the date the bond was signed by the bond company or it is no longer valid.
  • All bonds must be continuous until canceled.