$240 is your GOOD CREDIT PRICE for an Oregon Commercial General Contractor Level 2 Bond Oregon Residential General Contractor License Bond. This bond is also available for a 2 year term for only $300, a 2 year term for only $370 or a 4 years term for $440.
If you are engaged as a level 2 commercial contractor in Oregon you are required under chapter 701 of the Oregon Revised Statutes to file an Oregon Commercial General Contractor Level 2 Bond as a condition of licensure.
Bonds Express offers an Oregon Commercial General Contractor Level 2 Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Oregon Commercial General Contractor Level 2 Bond holds you accountable for your business decisions.
By possessing an Oregon Commercial General Contractor Level 2 Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.