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CCB's current commercial bond amounts are $80,000 for General Level 1, $55,000 for Specialty Level 1, and $25,000 for General Level 2, Specialty Level 2 or Commercial Developer. These are not interchangeable endorsements. Confirm the classification and any CCB direction before the provider prepares the bond.

Structure type matters as well as trade. CCB permits a residential endorsement to cover residential and small commercial structures, while a commercial endorsement covers small and large commercial work. Contractors doing residential and large commercial work need both endorsements and two bonds. One commercial bond does not satisfy the residential requirement.

The commercial form secures CCB determination orders, not automatic completion of a project or compensation for every loss. It is one continuing obligation, limited in total to its penal sum, and can be depleted by paid claims. The surety may cancel with 30 days' written notice to the principal and CCB; cancellation does not remove responsibility for orders relating to the covered work period.

Use the exact applicant entity name: an LLC's name belongs on its bond, not the RMI's personal name, while a sole proprietor needs the full legal name. Complete an existing CCB number if already issued, enter the sum in both places, and obtain the bond agent or attorney-in-fact's original signature and attached power of attorney. The bond must reach CCB within 60 days of the surety's signing date and is not valid for licensing until filed and licensing is completed.

Purchase Now opens RLI's Oregon commercial application in a new tab. Bring the endorsement, confirmed sum, entity registration and CCB number if issued. Check the prepared CCB commercial form before paying. For a new online license application, upload the company-specific bond and power of attorney with the application and other supporting documents; do not send the bond separately. Keep the issued documents and CCB acceptance. Purchase alone does not authorize contracting.