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Oregon Labor Contractor Bond

Oregon Labor Contractor Bond

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Who Requires the Labor Contractor Bond and Why Is It Needed?

A Labor Contractor Bond is a type of surety bond required by the Oregon Bureau of Labor and Industries Wage and Hour Division Labor Contracting Unit. The Labor Contractor bond is written to the Commissioner in an amount as determined for the principal's liabilities to the beneficiaries as set forth in the provisions of ORS Chapter 183. The surety bond obligates the bonded labor contractor to pay all sums due on wage claims of employees, and pay all sums due to construction property owners, growers, or producers of agricultural commodities or the owner or lessee intended to be used for the production of timber for advances made on behalf of the labor contractor.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Oregon Labor Contractor Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.




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