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Oregon
State Board of Education Instructional Materials Bond

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Coverage Amount: $1,000 - $10,000
Term Length: 1 year
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Oregon Instructional Materials Bond Guide

If you’re a state-contracted textbook publisher in Oregon, you’ll likely need this surety bond. 

Bond Overview

  • Purpose: To ensure school textbook publishers uphold state contracts
  • Who Needs It: Publishers of state-approved textbooks in Oregon
  • Regulating Body: The State Board of Education
  • Required Coverage: $1,000–$10,000
  • Premium Rate: Credit-based, 1–10%

Learn all about the bond requirements and process in this guide. 

What Is an Oregon Instructional Materials Bond? 

An Oregon State Board of Education instructional materials bond ensures that contracted publishers properly sell, supply and distribute textbooks to public schools. 

The State Board of Education requires a bond up to $10,000. However, your amount may be lower depending on the materials’ format and licensing. 

How Much Do Instructional Materials Bonds Cost?

Oregon instructional materials bonds cost a small percentage of the required coverage amount, typically 1–10%. 

Exact rates vary based on personal credit score. Apply for your free quote now!

Bond Type
$1,000-$10,000State Board of Education Instructional Materials Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

Who Needs a Textbook Bond? 

The Oregon State Board of Education requires this bond for publishers of state-approved textbooks. Alternatively, you can file a letter of credit. However, a surety bond is typically the most affordable financial security option, requiring only a small upfront premium. 

How Do I Get My Bond?

SuretyBonds.com provides the fastest and easiest way to get an Oregon instructional materials bond. Just follow these quick steps: 

  1. Apply: Submit an online quote request form
  2. Quote: Receive your quote within one day
  3. Sign: Complete the indemnity agreement 
  4. Buy: Purchase the bond online 24/7

We’ll email you the bond shortly after purchase. Be sure to file it with the Board of Education as instructed. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does an Oregon Board of Education Instructional Materials Bond Work? 

An instructional materials bond creates a legal contract between these three parties: 

  1. Principal: You, the publisher filing the bond
  2. Obligee: The State Board of Education requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding the provisions of Oregon Revised Statutes Chapter 337

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety. 

How Do I Renew My Bond?

These bonds expire annually. Your bond must remain active throughout the duration of your contract. 

Once you fulfill your obligations, the State Board of Education will release you from the bond requirement. 

More Resources

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