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Beginning January 1, 2008, the following surety bond amounts are required under Oregon
State Statutes (ORS): (a) General Contractor—All Structures or Residential Only: $20,000 (b) Specialty Contractor—All Structures or Residential Only: $15,000 (c) Limited Contractor: $10,000 (d) Inspector: $15,000 (e) Licensed Developer: $20,000 For more information, please visit the Oregon State Licensing Board at http://www.ccb.state.or.us |