(1) The Construction Contractors Board shall adopt rules to carry out the provisions of this chapter including, but not limited to, rules that:

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Terms Used In Oregon Statutes 701.235

  • Board: means the Construction Contractors Board. See Oregon Statutes 701.005
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contractor: means any of the following:

    (a) A person that, for compensation or with the intent to sell, arranges or undertakes or offers to undertake or submits a bid to construct, alter, repair, add to, subtract from, improve, inspect, move, wreck or demolish, for another, a building, highway, road, railroad, excavation or other structure, project, development or improvement attached to real estate, or to do any part thereof. See Oregon Statutes 701.005

  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.

(a) Establish language for surety bonds;

(b) Establish processing requirements for different types of complaints described in this chapter;

(c) Limit whether a complaint may be processed by the board if there is no direct contractual relationship between the complainant and the contractor;

(d) Subject to ORS § 701.145, 701.153 and 701.157, exclude or limit recovery from the contractor’s bond required by ORS § 701.068 of amounts awarded by a court or arbitrator for interest, service charges, costs and attorney fees arising from commencing the arbitration or court action and proving damages; and

(e) Designate a form to be used by an owner of residential property under ORS § 87.007 for the purpose of indicating the method the owner has selected to comply with the requirements of ORS § 87.007 (2) or to indicate that ORS § 87.007 (2) does not apply.

(2) The board may adopt rules prescribing terms and conditions under which a contractor may substitute a letter of credit from a bank authorized to do business in this state instead of the bond requirements prescribed in ORS § 701.068. [1971 c.740 § 19; 1989 c.928 § 28; 1991 c.181 § 13; 2001 c.197 § 19; 2003 c.778 § 6; 2007 c.793 § 23; 2007 c.836 § 36; 2011 c.630 52,72; 2016 c.99 § 14]