Choosing the right Oregon residential contractor bond is essential for ensuring your construction business is fully compliant and protected. Whether managing full-scale builds as a Residential General Contractor, focusing on specific trades as a Specialty Contractor, or developing new properties as a Residential Developer, each bond type comes with its own requirements and coverage. Ensure you're equipped with the right bond to keep your projects running smoothly and your business safeguarded. Ready to get started?

Residential Contractor Bond Application

Residential General Contractor (RGC) Bonds

RGCs can work on residential new builds such as single-family homes, duplexes, townhouses, and multi-family residences up to a specific size and remodeling and renovation projects, including home additions, interior and exterior upgrades, structural alterations, and repairs and maintenance. They can also hire and manage subcontractors to perform specialized work like electrical, plumbing, HVAC, and other trades requiring specific licenses. Additionally, RGCs can perform or oversee site preparation work, such as excavation, foundation work, and grading that is related to residential construction.

Bond Amount: $25,000

Residential Specialty Contractor (RSC)

RSCs are explicitly hired for individual tasks (one or two unrelated building trades) rather than to oversee a broader range of residential or small commercial project construction activities. Trades include electrical, plumbing, HVAC, roofing, framing, siding, flooring, painting, etc. RSCs can also work on a single property with three or more unrelated building trades if the labor and material contract costs $2,500 or less.

Bond Amount: $20,000

Residential Limited Contractor (RLC)

RLCs are generally allowed to work on residential structures, such as single-family homes, duplexes, and small apartment buildings, but their projects are limited in size, complexity, and dollar value. If the gross construction business volumes surpass $40,000 in a given year, Oregon law requires contractors to immediately notify the Construction Contractors Board (CCB). They must change their endorsement and increase their bond and insurance coverage, if required.

Bond Amount: $15,000

Residential Developer (RD)

A Residential Developer license allows individuals or businesses to develop residential property, primarily focusing on creating residential units like single-family homes, townhouses, and small apartment buildings. RDs must meet the following requirements:

  • Own or have a financial stake in the properties for which building work is arranged
  • Contract the construction work or the improvement of residential or small commercial real property in order to sell the property
  • Work with one or more licensed general contractors who have sole responsibility for overseeing all phases of construction activity on the property
  • Do not perform any construction work on the property

Bond Amount: $25,000