Oregon Labor Contractor Wage & Payment Bond
Oregon Labor Contractor Wage & Payment Bond
| Bond Amount Required | Bond Term | Annual Premium |
| Varies | 1 Year | Varies |
Businesses that provide workers for construction or farm labor in Oregon must meet applicable labor contractor requirements. Required by the State of Oregon, the Oregon labor contractor wage & payment bond helps guarantee covered wages and benefits are paid and provides financial protection when a bonded contractor fails to meet applicable payment obligations.
Cost of the Oregon Labor Contractor Wage & Payment Bond
The cost of the Oregon labor contractor wage & payment bond varies based on the required bond amount. Secure this surety bond today.
How the Oregon Labor Contractor Wage & Payment Bond Works
The Oregon labor contractor wage & payment bond provides financial protection by holding labor contractors accountable for covered wage and payment obligations.
The bond involves three parties:
- Principal: Labor contractor
- Obligee: State of Oregon
- Surety: Bonding company
A claim against the bond may be filed when a bonded labor contractor fails to meet covered wage or payment obligations. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Oregon Labor Contractor Wage & Payment Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the applicable bond premium.
- Receive the bond form via email.
- Download and file the bond as required for your Oregon labor contractor license.
Learn more about your Oregon surety bond options across the state.
Get Your Oregon Labor Contractor Wage & Payment Bond
Meet your Oregon labor contractor requirements with the appropriate wage & payment bond. Complete this form or call 855-457-2196 to get bonded.