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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.

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Required under ORS 658.075 for a licensed Oregon private employment agency
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$5,000 statutory amount — payable to the people of the State of Oregon
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From $100 — the application collects no credit information; the price is 1% of the bond amount, $100 minimum
From $1001% of the bond amount, $100 minimumNo SSNin the applicationFastinstant 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
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 entire application.

INSTANTLY

Issued on the spot

The application collects no credit information, and most amounts issue with no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick 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 fields 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

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

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?The application collects no credit information — there is no credit section to fill out. Most applications approve instantly; if a check ever runs on a larger amount, it is a soft pull that never affects your credit score.
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.

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OR Motor Vehicle Dealer ($50,000)
The $50,000 bond DMV requires of every Oregon vehicle dealer. $400, soft pull.
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OR Contractor License ($80,000)
The $80,000 CCB bond for a commercial general contractor Level 1. $800, soft pull.
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Employment agency bond, issued today.

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

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Your premiumfrom $100
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