OAR 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 — $25,000. (2) Residential Specialty Contractor — $20,000. (3) Residential Limited Contractor — $15,000. (4) Residential Developer — $25,000. (5) Residential Locksmith Services Contractor — $15,000. (6) Home Inspector Services Contractor — $15,000. (7) Home Services Contractor — $15,000. (8) Home Energy Performance Score Contractor — $15,000. (9) Residential Restoration Contractor — $15,000. (10) Commercial General Contractor Level 1 — $80,000. (11) Commercial Specialty Contractor Level 1 — $55,000. (12) Commercial General Contractor Level 2 — $25,000. (13) Commercial Specialty Contractor Level 2 — $25,000. (14) Commercial Developer — $25,000. (15) Construction Flagging Contractor — $25,000.