$900 is your GOOD CREDIT PRICE for an Oregon Commercial General Contractor Level 1 Bond. This bond is also available for a 2 year term for only $1,125, a 2 year term for only $1,400 or a 4 years term for $1,700.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Oregon Commercial General Contractor Level 1 Bond holds you accountable for your business decisions.
By possessing an Oregon Commercial General Contractor Level 1 Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.