Oregon Farm Labor Contractor Bond

Get a Free Bond Quote!

Apply Online Get a Free Quote Buy Your Bond
Insurance brokers representing clients can apply here.
Powered by
  • Get your Oregon farm labor contractor bond online
  • Great bonding rates
  • Bad credit options available

Watch our video

How Do I Get Bonded?

What Is an Oregon Farm Labor Contractor Bond?

If you’d like to start operating as a farm labor contractor in Oregon, you need to undergo a licensing process with the state Bureau of Labor and Industries. One of the requirements you have to meet is to post a farm labor contractor bond.

The purpose of the bond is to protect the interests of your employees, as well as business partners and subcontractors. If a party suffers damages due to any illegal actions you may commit, they can seek a reimbursement by making a claim on your bond.

Your Oregon surety bond, just like the rest of bonds, is a three-party contract. The principal is your farm labor contracting business. The obligee is the Bureau of Labor and Industries, to which you have to present the bond. Finally, the third entity is the surety, which provides the bonding.

Questions about Farm Labor Contractor Bond in Oregon

Who is required to obtain this bond?

The Oregon farm labor contractor license is obligatory for any entity that wants to conduct activities as a farm labor contractor in the state. Together with all necessary paperwork, you should submit a surety bond in the official bond form to demonstrate your financial responsibility. It ensures your compliance with all applicable state rules, including Chapter 183 of the Oregon Revised Statutes.

How much does the farm labor contractor bond cost?

The bond amount you have to obtain depends on the number of employees you want to hire. You need a $10,000 farm labor contractor bond for less than 20 employees, and a $30,000 bond for 21 and more employees. The bond requirement for contractors who operate farmworker camps is $15,000.

The bond amount is what you have to provide as a licensing requirement. It is different from your bond premium. This is your actual bond price, and it is typically between 1% and 5% of the bond amount.

Surety Bond Cost Based on Credit Score
Surety bond name Surety bond amount Above 700 Between 650-699 Between 600-649 Below 599
For 20 or fewer employees $10,000 $100-$150 $100-$250 $250-$500 $500-$1,000
For 21 or more employees and for agricultural associations $30,000 $225-$450 $300-$750 $750-$1,500 $1,500-$3,000
Farm labor contractors operating farmworker camps $15,000 $112.5-$250 $150-$375 $375-$750 $750-$1,500

* This table provides a ballpark estimate of potential bond costs. Bond pricing can fluctuate over time due to a number of factors. For exact pricing, please complete an application.

Your exact surety bond cost is set on the basis of diverse factors, such as your personal credit score, business finances, and assets and liquidity. By examining them, your surety aims to assess the level of risk that bonding you presents. If your overall profile is stable, you can expect to pay less to get bonded.

What if I have problematic finances?

If you are struggling with issues such as a low credit score, tax liens, bankruptcies, or civil judgements, you can still get bonded with us. Lance Surety Bonds operates its Bad Credit Surety Bonds program for applicants with problematic finances.

The rates are slightly higher, in the range of 5% to 10%. This is needed to compensate for the increased bonding risk. Our close collaboration with numerous A-rated, T-listed surety companies still allows us to offer you an outstanding bond option.

How Do I Get Bonded?

Need more details about the way bonding works? Our How to Get Bonded page can give you a thorough insight into the topic.

You can also call us at (877) 514-5146. Our bonding experts are here to help you out with any questions or with your application.

What happens in case of a bond claim?

Unlike insurance, your farm labor contractor bond does not protect your business. It is required in order to safeguard the interests of your employees and partners. If you fail to make due payments to such parties, or transgress from your legal obligations in another way, you can be kept liable via a bond claim.

Claimants can seek a reimbursement up to the penal sum of your bond. While your surety can take over the costs at first, you have to repay it in full afterwards. This makes claims a serious threat for your company’s stability and finances.

START YOUR APPLICATION It's FREE. No Obligations. Approval in Minutes.

About Us

Lance Surety Bonds
Lance Surety Bond Associates, Inc. is a Pennsylvania-based surety bond agency that offers bonding at competitive rates in all 50 states. Established in 2010, our company has grown to become one of the top online bond producers in the country. Working exclusively with A-rated and T-listed bonding companies gives us the confidence to offer a 100% money-back guarantee. read more

Still Have Questions? Check Our FAQ Pages

What Our Clients Have To Say?

  • Kimberlee Ables
    Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!
  • Andrew Poincot
    Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!
  • Margie Martinez
    We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!

As Featured In