A contractor's CCB license expires on June 30th. They submit a renewal application on July 15th with all required documentation. What is the late renewal penalty?
Correct Answer
B) $150
Oregon CCB charges a $150 late fee for license renewals submitted after the expiration date but within the allowable renewal period.
Why This Is the Correct Answer
The Oregon Construction Contractors Board (CCB) charges a $150 late fee for license renewals submitted after the expiration date but within the allowable renewal window. This penalty is a fixed statutory amount and applies regardless of how many days late the application is (as long as it falls within the permissible late renewal period). The contractor in this scenario filed 15 days late, well within the late renewal window.
Why the Other Options Are Wrong
Option A: $50
$50 is not the CCB late renewal penalty amount. It may reflect fees from other Oregon administrative contexts but does not match the CCB-specific late renewal charge.
Option C: $100
$100 is incorrect. This is a plausible distractor but does not match the actual CCB fee schedule for late license renewals.
Option D: $200
$200 is higher than the actual penalty. Selecting this option overstates the CCB's late fee, which could lead a contractor to wrongly believe the cost of late renewal is prohibitively high.
Memory Technique
Associate $150 with 'one-fifty for being late' β Oregon CCB charges $150 (think: one and a half $100 bills) when you miss your renewal date. It's more than $100 but less than $200.
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