Addison, TX — Excavation Performance And Maintenance Bond
Addison's published requirements value performance and maintenance security differently. Get the town's request for the excavation project before applying; do not select one flat amount for both obligations.
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- Recorded state
- Texas
- Bond type
- Excavation Contractor Bond
- Category
- Contractors & construction
What this bond does
The town describes security for specified damage claims and repairs in streets, sidewalks and other public places affected by cuts or excavation. The applicant or the entity for which it performs must provide the required security before permit issuance.
- Who needs it
- The principal or principals named in the Town of Addison's project security instructions. The applicant and party commissioning the work may have different roles; the accepted forms must resolve their legal identities.
- Who it protects
- The published table lists performance security at 100% of construction cost. Maintenance valuation is $5,000 for construction costs from $1 through $50,000 and 10% above $50,000. These are security valuations, not a substitute for the town-approved project request.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- Town of Addison — Bond Requirements (opens in a new tab)Checked October 23, 2026
Have these ready
- Have the excavation scope and town-approved construction-cost basis.
- Separate performance and maintenance security requests/valuations.
- Confirm applicant/commissioning entity, legal principal and town recipient.
- Collect accepted forms, dates and the maintenance/final-acceptance instructions.
Questions about this bond
Can I use the same amount for performance and maintenance?
Not from the published table alone. It uses 100% of construction cost for performance and a different maintenance schedule. Obtain the town's approved amounts and forms.
Does finishing excavation end the maintenance obligation?
The requirements describe annual maintenance for two years after town acceptance and condition final acceptance on furnishing acceptable maintenance security. Follow the actual town request.
How do I begin the bond application?
Start with Purchase Now, which opens Propeller in a new tab. Verify the correct performance/maintenance form, principal, town, sum and dates. Surety review and issuance are followed by execution and town filing, not automatic permit or final acceptance.