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Contract bond

Oregon Supply Bond

No Oregon statute requires supply bonds. ORS 279C.380 requires performance and payment bonds on public improvement contracts, not on purchases of goods. When used, a supply bond is set by the buyer in the solicitation or contract.

Bond at a glance
Oregon Supply BondContract bond
Set by the contract
Public improvement bondsORS 279C.380 (construction, not supply purchases)
Set byThe contract or purchasing agency
Required byThe buyer or public purchasing agency
How it works

Three steps to your bond.

  1. 01Apply onceTell us about your business and what the bond is for. One application covers most contractor bonds.
  2. 02The surety reviews itPropeller Bonds, our surety partner, reviews your application and sets the terms. We show you the terms before you commit.
  3. 03Sign and fileSign the bond and file it with whoever requires it: the project owner, agency or court. We help with the filing.
About this bond

What a supply bond is

A supply bond guarantees a supplier will deliver materials or equipment as the contract says. Public agencies and project owners use them on large supply contracts.

In Oregon

No Oregon statute requires supply bonds. ORS 279C.380 requires performance and payment bonds on public improvement contracts, not on purchases of goods. When used, a supply bond is set by the buyer in the solicitation or contract.

You need this bond if you're

  • A material supplier on a public contract
  • An equipment vendor or manufacturer
  • A distributor supplying a large private project

What the surety looks at

Your business, credit and the supply contract. Large contracts can need financial statements.

FAQs

Common questions.

Does Oregon law require supply bonds?

Usually the contract or the buying agency sets it, not a statewide law. The bid or contract documents state the amount.

What does it cost?

You pay a premium, not the bond amount. The surety sets the premium after it reviews your application, usually as a percentage of the bond amount. We show you the terms before you commit.

How do I get one through BLDAssure?

Apply once with us. We collect the details the surety needs, Propeller Bonds (our surety partner) reviews the application and issues the bond, and we help you file it with whoever requires it.

Related bonds

Other Oregon bonds.

See all 37 Oregon bonds with prices →

Contract bond

Oregon Bid Bond

A bid bond is a guarantee you submit with your bid.

Contract bond

Oregon Performance & Payment Bond

Performance and payment bonds usually come as a pair once you win a job.

Contract bond

Oregon Maintenance Bond

A maintenance bond, also called a warranty bond, guarantees your finished work is free of defects in materials and workmanship for a set period, often one or two years.

Sources

  1. ORS 279C.380 (Oregon Revised Statutes)

General information, not legal advice. Rules change; confirm the current requirement with the agency or owner that asks for the bond. Facts checked Oct 23, 2026.

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