Where a Oregon general contractor license transfers

Oregon's unlimited tier is the Commercial General Contractor endorsement, carried on the same single construction contractor license the Construction Contractors Board issues to everyone: ORS 701.021 requires a current CCB license plus the endorsement that matches the work, and the endorsement is what sets the bond and the insurance. A Commercial General Contractor may bid or perform work involving an unlimited number of unrelated building trades on small or large commercial structures, and it comes in two levels that are allowed to do exactly the same work and differ only in what stands behind them. Level 1 requires one or more key employees with a combined total of at least eight years of construction experience, an $80,000 commercial bond and general liability insurance of at least $2 million aggregate; Level 2 requires four combined years, a $25,000 commercial bond and at least $1 million aggregate. A key employee is an owner or employee who is a corporate officer, manager, superintendent, foreperson or lead person, the qualifying years are time as a licensed contractor, journeyman, foreperson or supervisor or as another employee doing construction work for a licensed contractor, and an apprenticeship or a construction-related bachelor's degree substitutes for up to three years, a bachelor's or master's in business, finance or economics for up to two, and an associate's degree in construction or building management for one. Alongside it sit Commercial Specialty Contractor Level 1 and Level 2 for one or two unrelated trades and Commercial Developer; a license may carry one commercial endorsement, one residential endorsement, or one of each, and a contractor holding both posts two bonds and carries one liability policy at the higher amount. As at every level the license belongs to the business and must at all times have at least one Responsible Managing Individual, an owner or employee with management or supervisory authority over its construction activities, who has completed 16 hours of CCB-approved pre-license training and passed the Oregon contractor test. Oregon imposes no net worth, working capital or financial statement test; the key-employee experience certification, the bond and the insurance are the only financial gates.