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Arkansas bonds

Arkansas — Central Arkansas Water Utility Deposit Bond

Prepare a Central Arkansas Water deposit bond with the water-account customer and security amount in the utility's request. Match the accepted form before starting the application.

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Recorded state
Arkansas
Category
Utilities

What this bond does

This offering concerns a water customer's payment-security obligation, rather than a contractor's duties on a water-system project.

Who needs it
Central Arkansas Water customers asked to provide deposit-bond security for specified accounts.
Who it protects
The named water utility receives security for the duties in the accepted bond. The customer remains responsible for water bills and service conditions.

Your bond option

This is the option on record for this bond.

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.

Details

Identify Central Arkansas Water as the utility requested, using its full recipient wording. A regional service address or combined billing paperwork does not establish that another agency's sewer or municipal obligations belong in this water bond.

The single application has no preset security amount or term choices. Have the utility's final amount, required effective date, legal customer and water-account references ready.

Purchase Now opens Propeller's application in a new tab. After issuance, compare the document with the request and deliver it as the utility directs. Acceptance and water-service activation are separate from applying.

Sources

Have these ready

  1. Water utility's written security notice and accepted form.
  2. Legal account customer, service address and covered water accounts.
  3. Required amount, effective date and delivery instructions.

Questions about this bond

Does the regional name cover every utility at my address?

No. Match the actual Central Arkansas Water request and covered obligations. Do not add another agency's account based on regional location or billing arrangements.

Can I use this for construction performance?

This is a customer deposit-security offering. A construction performance, payment or line-work obligation requires a different match.

What if I am securing several water locations?

Have the utility identify every account and location to include and the required total security. Do not assume a bond for one account covers the others.

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