Oregon Administrative Rules
Chapter 812 - CONSTRUCTION CONTRACTORS BOARD
Division 3 - LICENSING
Section 812-003-0171 - Bond, Letter of Credit or Cash Deposit

Universal Citation: OR Admin Rules 812-003-0171

Current through Register Vol. 64, No. 3, March 1, 2025

For all new and renewal license applications, a surety bond as required under ORS 701.068, or a surety bond, letter of credit or cash deposit as required under ORS 701.088, must be in one of the following amounts:

(1) Residential General Contractor - $20,000.

(2) Residential Specialty Contractor - $15,000.

(3) Residential Limited Contractor - $10,000.

(4) Residential Developer - $20,000.

(5) Residential Locksmith Services Contractor - $10,000.

(6) Home Inspector Services Contractor - $10,000.

(7) Home Services Contractor - $10,000.

(8) Home Energy Performance Score Contractor - $10,000.

(9) Residential Restoration Contractor - $10,000.

(10) Commercial General Contractor Level 1 - $75,000.

(11) Commercial Specialty Contractor Level 1 - $50,000.

(12) Commercial General Contractor Level 2 - $20,000.

(13) Commercial Specialty Contractor Level 2 - $20,000.

(14) Commercial Developer - $20,000.

(15) Construction Flagging Contractor - $20,000.

Statutory/Other Authority: ORS 670.310, 701.068, 701.088 & 701.235

Statutes/Other Implemented: ORS 701.068, 701.081, 701.084, 701.088, 701.470 & 701.540

Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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