Oregon Prevailing Wage | Prevailing Wage Surety Bond

Also known as: prevailing wage bond, wage bond

Type of Bond

A Prevailing Wage Bond (also known as an Oregon Prevailing Wage Bond) is a type of surety bond required by the Oregon Bureau of Labor and Industries for contractors who are performing public works projects in the state. The bond is intended to ensure that contractors pay their employees the prevailing wage rate for the region.


Program

The price you'll pay for your Prevailing Wage 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 Prevailing Wage 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 Prevailing Wage 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 Prevailing Wage Bond Application process.

Obligee Information

An obligee is the entity that is requiring you to have the Prevailing Wage bond.

Obligee: Oregon Bureau Of Labor And Industries
Street: 3865 Wolferine St Ne Ste 1
State: Oregon
Zip: 97305