Not in Oregon? Browse bonds by state

Oregon employment agency bonds.
From $100.

Every Oregon private employment agency must maintain a $5,000 surety bond (or letter of credit), payable to the people of the State of Oregon, under ORS 658.075. The price is 1% of the bond amount, $100 minimum on the $5,000 statutory amount. Your exact price appears at the application.

✓
Required under ORS 658.075 for a licensed Oregon private employment agency
✓
$5,000 statutory amount — payable to the people of the State of Oregon
✓
No credit check up to $50,000 — above that, a soft pull at most, which never affects your score
From $1001% of the bond amount, $100 minimumNo credit check up to $50,000above that, a soft pull at most, never a hard inquiryFastinstant underwriting for most amounts
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does an Oregon employment agency bond cost?

1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for the standard employment agency bond — enter your amount, pay, and file with BOLI. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount, and the effective date — that is the application.

INSTANTLY

Issued on the spot

No credit check up to $50,000. Above $50,000, a soft pull may add a short review.

SAME DAY

File with BOLI

Submit the executed bond with your employment agency license application or renewal. Wet-ink originals mailed whenever BOLI insists.

About this bond

What it is and who needs it.

What the employment agency bond actually covers

Oregon licenses private employment agencies through the Bureau of Labor and Industries (BOLI). Under ORS 658.075, each agency must maintain a $5,000 corporate surety bond (or an irrevocable letter of credit), payable to the people of the State of Oregon.

The bond is conditioned on the agency complying with the employment-agency law (ORS 658.005 to 658.245) and paying: all sums legally owed to anyone whose money the agency received, all damages from any willful misrepresentation, fraud, deceit, or other unlawful act by the agency or its agents, and all sums owed to the agency's own employees.

It is not insurance for you — if the surety pays a claim, you repay the surety. Because the statutory amount is $5,000, pricing starts from $100 for most agencies, with no credit check up to $50,000 in the application.

ORS 658.075ORS 658.075 requires each Oregon private employment agency to maintain a $5,000 corporate surety bond or irrevocable letter of credit, payable to the people of the State of Oregon, conditioned on compliance with ORS 658.005 to 658.245 and payment of sums owed to clients, damages from unlawful acts, and wages owed to the agency’s employees.

You need this bond if you are

✓
Applying for an OR employment agency license — the bond is filed with BOLI
✓
Renewing your agency license and your current bond is expiring or non-renewing
✓
Opening a placement or staffing agency that BOLI regulates as an employment agency
✓
Reinstating a license that needs the $5,000 security back in place
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with BOLI. Submit the executed bond with your employment agency license application or renewal. Wet-ink originals mailed whenever BOLI insists.

What sets the price

The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

No credit check up to $50,000. Above that, the carrier may run a soft pull, which never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued on the spot.

Submit the application with your bond amount — the executed bond is generated instantly, ready to file with BOLI.

Start the application →
FAQ

Common questions.

How much is the Oregon employment agency bond?The price is 1% of the bond amount, with a $100 minimum. The statutory amount under ORS 658.075 is $5,000, so most agencies pay right at that minimum. Apply to see your exact price.
Who requires this bond?The Oregon Bureau of Labor and Industries (BOLI) requires it as a condition of a private employment agency license, under ORS 658.075. The $5,000 security is payable to the people of the State of Oregon.
What does the bond guarantee?That the agency follows the employment-agency law and pays sums it owes — money it received from clients, damages from misrepresentation or fraud, and wages owed to its own employees. If a valid claim is paid, you repay the surety.
Is there a credit check?No credit check up to $50,000. Above that, the carrier may run a soft pull, which never affects your score. Most applications approve instantly.
Can I use a letter of credit instead?ORS 658.075 accepts either a $5,000 surety bond or an irrevocable letter of credit. Most agencies choose the bond because it costs only the premium — starting from $100 — rather than tying up cash or bank collateral.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
Related bonds

Other Oregon bonds.

Nearby states

The same bond in nearby states.

Price and requirements checked on the carrier’s application, . Page updated .

Employment agency bond, issued today.

Pricing from $100. Enter your amount and file with BOLI the same day.

Your premiumfrom $100
Apply now →