Oregon Residential Limited Contractor
The Oregon Residential Limited Contractor is a $10,000.00 bond.
This bond is available in 1, 2, or 3 year terms.
The Residential Limited Contractor Bond is for contractors who supervise, arrange, and/or perform (partly or completely) an unlimited number of unrelated building trades involving any residential or small commercial structure or project. The Residential Limited Contractor (RLC) Contractors License endorsement requires the licensee to post and maintain a $10,000.00 Residential Contractors License Surety Bond in the state of Oregon.
Ashton Agency has a 99% approval rate and offers the Oregon $10,000 Limited Contractor Bond at some of the most competitive rates available. Let us save you money!
Who needs a limited contractor bond?
In the State of Oregon, limited contractors are required to obtain a surety bond to be in compliance with Chapter 701 of the Oregon Revised Statutes.
What is the limited contractor bond?
The limited contractor bond protects the party requesting the surety bond, the Obligee, against any financial losses as a result of poor financial choices, damages, unethical decisions, or a failure to adhere to state and local laws on the part of you, the Principal. By obtaining your contractor bond, you are telling the Obligee that you can be trusted and that you stand by your business decisions.
Limited contractors may arrange, and/or perform an unlimited amount of unrelated building trades on any residential property or small commercial property. This category includes new homebuilders, remodelers and contractors who work on residential and small commercial property.
The Oregon limited contractor bond is also known as: Oregon residential contractor bond, Oregon contractor bond, residential general contractor bond, residential specialty contractor bond, residential limited contractor bond, residential developer bond.
What else do I need besides the bond?
The State of Oregon requires that all licensed contractors hold liability insurance and, in some cases, workers' compensation insurance:
Workers compensation may be required depending upon the structure of your business. Consult the Board's application packet to determine what your insurance requirements will be.
I have everything I need. What now?
Contractors will submit the original signed bond form to the Oregon Construction Contractors Board at the following address:
Construction Contractors Board
PO Box 14140
Salem, OR 97309-5052
The Construction Contractors Board may be reached by phone at (503) 378-4621
Get Bonded Within One Business Day!
Only Ashton Agency can provide you with:
- The lowest price for your contractor bond.
- Quickest Turnaround time.
- The ability to meet or beat any competitors' pricing.
Everyone needs a contractor bond, but by contacting the Ashton Agency, you can be sure you'll be getting the best price available, not to mention our stellar customer service and insider knowledge of the construction industry. We've been helping contractors get bonded for more than 45 years. Let us put that experience to work for you today!
Call us now at (800) 452-2663 for a free quote and we will contact you within 24 hours. We can assist you over the phone to ensure you receive your bond quickly and easily!
Don't have time to speak on the phone? Please fill out our easy online application and fax to (503) 253-1353. We can get you started right away!
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Let's start with some basic information about your company to get going on your new Bond or Insurance. Please note that anything marked
must be completed before you can submit the form.
Prefer To Call?
We would love to help you over the phone. Call us at (800) 451-4854!