OAR 812-003-0280. Renewal and Reissue of License

Each entity must complete a form prescribed by the agency. Notwithstanding OAR 812-003-0300(4), a license may be renewed or reissued upon: (1) The applicant's completion of the renewal form or application form prescribed by the agency including, but not limited to, the information provided in OAR 812-003-0260; (2) Payment of the fee or fees, (3) Receipt of the required certification of insurance coverage or other evidence of insurance, and (4) Receipt of a commercial and/or residential bond, letter of credit or cash deposit. If it appears to the agency that the required letter of credit or cash deposit has terminated or expired, the applicant must submit a new bond, letter of credit or cash deposit. (5) Receipt of a signed statement or declaration affirming the contractor’s status as exempt or non-exempt under ORS 701.035(2)(b). (6) Receipt of a signed acknowledgement that the contractor understands that if there is a change of status from nonexempt to exempt, or from exempt to nonexempt, the contractor must notify the board within 10 days.