The State of Oregon Water Resources Department requires all Oregon Landowners who wish to construct a well upon their own property execute a $5,000 Oregon Landowners Water Well Bond under ORS 537.505 to 537.795.
Bonds Express offers an Oregon Landowners Water Well 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 Landowners Water Well Bond holds you accountable for your business decisions.
By possessing an Oregon Landowners Water Well Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.