OAR 812-003-0290: License Renewal, Reissue, New Issue; Effective Dates; Term

(1) Except as provided in section (3) of this rule, a completed renewal or reissue application required under OAR 812-003-0260 shall be on file with the agency before a license may be renewed or reissued. (2) In order to obtain a renewed or reissued license, a contractor must provide the following: (a) A completed application form; (b) Proof of insurance; (c) A commercial or residential bond, or both (as indicated by the contractor’s endorsement(s)); (d) Where authorized by ORS 701.088, a letter of credit or cash deposit in lieu of the bond; and (e) An application fee. (f) A signed statement or declaration affirming the contractor’s status as exempt or non-exempt. (g) A signed acknowledgement that the contractor understands that if there is a change of status from nonexempt to exempt, or from exempt to nonexempt, the contractor must notify the board within 10 days. (3) If agency error causes the delayed receipt of the required documents or fee, the agency may renew or reissue the license with an effective date before the date on which all requirements were satisfied. Otherwise, all documents and fees must be received by the agency before the agency may renew or reissue the license. (4) If a contractor satisfies all requirements for license renewal before the expiration date: (a) The license is renewed; and (b) The effective date of the license is the expiration date. (5) If a contractor continuously maintains a bond and insurance and satisfies all requirements for renewal within two years after the expiration date: (a) The license is renewed and backdated; and (b) The effective date of the license is the expiration date. (6) If a contractor fails to continuously maintain a bond or insurance but satisfies all requirements for renewal within two years after the expiration date: (a) The license is reissued; and (b) The effective date of the license is the date when all requirements for reissue are met. (7) If a contractor satisfies all requirements for renewal more than two years after the expiration date, the license cannot be renewed or reissued. The contractor must apply for a new license under OAR 812-030-0260. (8) Licenses will be reissued or renewed for a period of two years.