Grading Bonds
Grading bond wholesaler for agents. Guarantee a contractor completes grading and erosion-control work per a city or county grading permit. Start a bond quote.
A grading bond guarantees that a contractor or developer will complete grading, drainage, and erosion-control work according to an approved grading permit. Cities and counties require it before they issue the permit, and we place it for agents.
What a grading bond does
- →Guarantees the grading work is finished per the approved plans and permit
- →Covers erosion control, drainage, and site restoration where required
- →Protects the public agency (the obligee) if the work is left incomplete
- →Sized to the agency's estimate of the grading work
Who needs one
- ✓Developers and owners pulling a grading permit
- ✓Grading and excavation contractors
- ✓Site-development contractors on subdivision or commercial projects
How to place it through Baker
- →Send the permit, the grading cost estimate, and the obligee (city/county)
- →We match it to a surety market and return terms
- →Start a bond quote, or send the application link to your client
** Terms used here are a summary only. Always refer to the bond form and the obligee's requirements.