Or. Admin. Code § 812-003-0171 - Bond, Letter of Credit or Cash Deposit
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.
Notes
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
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