Do I need a contractor's bond in Oregon?

Contractors of all kinds are required to be bonded and licensed by the Oregon Construction Contractor's Board (CCB) . This is outlined in Oregon Revised Statutes 701 and Oregon Administrative Rules 812. The type of bond required depends on the type of contractor license. Residential bond amounts range from $10,000 to $20,000. Commercial bond amounts range from $20,000 to $75,000.

Sample Payment and Performance Bond Form
Residential General Contractor Bond

Bond Amount: $20,000

Required by: Oregon Construction Contractor's Board (CCB)

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How much does it cost?

Rates range from 1%-6% of bond cost depending on the contractor's year of experience and credit score. Price increase as bond amounts increase. For a $10,000 residential bond, price could range anywhere from $100 to $600. We work with the best insurance carriers in Oregon to get you the best prices.

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