Framing Contract for Contractor - Oregon 2025

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Oregon rules make it very difficult to work as a handyman without a CCB license. Any handyman that performs work valued at or above $1,000 must be licensed by the CCB. Handymen must also be licensed by the CCB if they produce any form of advertisements, including business cards.
Seven Things to Never Say to a Contractor Never Tell a Contractor They are the Only One Bidding on the Job. Dont Tell a Contractor Your Budget. Never Ask a Contractor for a Discount if You Pay Upfront. Dont Tell a Contractor That You Arent in A Hurry. Do Not Let a Contractor Choose the Materials.
Surety bond premiums are calculated as a small percentage of the bond amount. $25,000 surety bonds typically cost 0.510% of the bond amount, or $125$2,500. Highly qualified applicants with strong credit might pay just $125 to $250, while an individual with poor credit will receive a higher rate.
In Oregon, notaries must secure a $10,000 surety bond as part of their application process. This bond helps ensure accountability and trust in their services.
There are several types of construction contracts, but the most common include four primary types: Stipulated Sum Contract, Cost Plus Contract, Design-Build Contract, and Integrated Project Delivery Contract.
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A Construction Contractors Board residential or commercial bond is required. The type depends on the contractors endorsement. Contractors who are endorsed to do both residential and commercial work must have both a residential and a commercial surety bond.
Bonding protects you from their subcontractors or material suppliers coming after you if the contractor doesnt pay their bills for your job. They maintain a bond that these people can go after to be made whole.
Individuals who typically must be bonded include union officers (both elected and non-elected), employees such as business agents, trustees, key administrative and professional staff, and clerical personnel.

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