Oregon Bond placement agreement

Category:
State:
Multi-State
Control #:
US-0188-WG
Format:
Word
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Description

A bond placement is the process of selling a new bond issue often to an intitutional investor. For a company in need of financing, this a typical transaction arranged through an investment banker.

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FAQ

How Much Does it Cost to Get a Contractor's License in Oregon? Getting your contractor's license in Oregon is relatively affordable. It costs $250 for a two-year license and $60 to take the exam.

Munis can generally be classified into two camps?general obligation bonds and revenue bonds. General obligation, or GO, bonds are backed by the general revenue of the issuing municipality, while revenue bonds are supported by a specific revenue source, such as income from a toll road or sewer system.

The bond amount varies: $10,000 ? $20,000 for residential contractors and $20,000 ? $75,000 for commercial contractors.

The Bureau of Labor and Industries (BOLI) requires any business paying prevailing wage on public works projects over $100,000 to hold a $30,000 Public Works Bond in the State of Oregon.

Projects that do not require a license from the CCB include gutter cleaning, power & pressure washing, debris clean up (yard or construction site), and handyman work on projects with a contract value of $1,000 or less.

A negotiated sale is when the issuer and a few buyers negotiate the terms of a transaction (municipal bonds) in lieu of competitive bidding. In a negotiated sale, some of the primary points to work out for an issuer are the interest rate, call features and purchase price of the issue.

The Private Activity Bond Committee is responsible for determining which private projects can qualify. Certain types of privately owned facilities such as airports, boat docks, affordable housing, or other economic development projects, provide significant benefits to the communities they serve.

This bond is for the exclusive purpose of payment of wage claims ordered by BOLI to workers performing labor upon public works projects in ance with ORS chapter 279C, as amended by Oregon Laws 2005, chapter 360.

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Oregon Bond placement agreement