If you are planning to work as a contractor in Oregon, you need a state license. Not only is it illegal to work without a license, but you can also be fined. Getting a license is also a good idea because customers will be more likely to hire licensed contractors. Additionally, a license demonstrates that you are committed to following industry standards and best practices.
To get a contractor’s license, you must complete 16 hours of prelicensing training and pass the Oregon state test. The test is based on the 10th edition of the Oregon Contractors Reference Manual and consists of 80 questions on Business Practices and Law. The exam is open book and requires a passing score of at least 70%.
Once you have passed the exam, you must submit your completed application and documents to the CCB. You must file a surety bond and provide proof of insurance before you can be issued a license.
There are two types of licenses: residential and commercial. The CCB also offers specialty licenses for certain trades. Depending on the type of license you need, there may be different requirements for training and experience. The CCB will provide you with a checklist for all the requirements that must be met before you can receive your license. Once you have all the required documents, you can start working on construction projects in Oregon.
How to Get An Oregon Contractors License?
Obtaining a state contractor’s license involves several steps, including prelicensing education, passing licensing exams, and meeting insurance and surety bond requirements. Registering your business with the Secretary of State is also important if you plan on doing business under an assumed name. EZ Surety is available to help you obtain the required insurance coverage.
The first step in obtaining an Oregon contractor’s license is to designate a Responsible Managing Individual (RMI) for your company. This is someone who manages and oversees the construction activities of your business. The RMI must take the NASCLA-accredited exam for your specific endorsement type and complete 16 hours of prelicensing training. Make sure your prelicensing training includes the Oregon Contractors Reference Manual.
After completing the prelicensing course and taking the examination, you must apply for a license with the CCB. The application will ask for detailed information about your experience, education, and financial history. You will also need to provide proof of liability insurance and workers’ compensation insurance. The CCB also requires that you obtain a minimum $15,000 surety bond before you begin working as a contractor.
Once you have passed your exam, you can submit your application to the CCB. You must also file your corporation, LLC, or assumed business name with the Secretary of State and obtain a general liability insurance policy in the amount required by the CCB. You must also have workers’ compensation coverage if you will be hiring employees.
You must pay a $325 fee for a two-year license, which you can submit by credit card or check. The CCB also requires you to post a contractor bond before receiving your license. The bond amount varies based on the type of license and endorsement you apply for.