Right-of-Way Bonds
Right-of-way bond wholesaler for agents. Guarantee a contractor's work within a public right-of-way is completed and restored. Start a bond quote for your client.
A right-of-way bond guarantees that a contractor performing work within a public right-of-way will complete it and restore the area per the agency's requirements. It is closely related to the encroachment bond and is required by many cities, counties, and state DOTs. We place it for agents.
What a right-of-way bond does
- →Guarantees work within the public right-of-way is completed
- →Guarantees restoration of pavement, curbs, and landscaping disturbed by the work
- →Protects the public agency (the obligee) against incomplete or damaged work
- →Sized to the agency's estimate
Who needs one
- ✓Contractors working in a public street, highway, or right-of-way
- ✓Utility, paving, and grading contractors
- ✓Developers whose improvements extend into the public right-of-way
How to place it through Baker
- →Send the permit or agreement, the work estimate, and the obligee
- →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.