Oregon Residential Contractor License | $50,000 Residential Contractor License Surety Bond

Also known as: residential contractor license bond, contractor bond

Type of Bond

An Oregon Residential Contractor License Bond is a type of surety bond required by the Oregon Construction Contractors Board (CCB) as part of the licensing process. The bond guarantees that the contractor will comply with all applicable state laws and regulations governing the construction industry, including the payment of all monies owed to subcontractors and suppliers. The bond amount is determined based on the contractor’s gross annual receipts and ranges from $2,500 to $50,000.


Program

The price you'll pay for your $50,000 Residential Contractor License Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!

We provide all types of $50,000 Residential Contractor License Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.


Application

The application process for a $50,000 Residential Contractor License Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Residential Contractor License Bond Application process.

The Oregon Residential Contractor License Bond amount is currently set at  $50,000.

Obligee Information

An obligee is the entity that is requiring you to have the Residential Contractor License bond.

For your convenience you can view a sample copy of the Oregon Residential Contractor License Bond Form.

Obligee: Construction Contractors Board Of The State Of Oregon
State: Oregon