Aspen, CO — Maintenance - Multiple Occurrence Work Bond (2 Years)
The Aspen, CO Maintenance - Multiple Occurrence Work Bond is a surety instrument required for contractors performing work within public rights-of-way, public easements, or public grounds in the City of Aspen. This bond provides financial security to the City of Aspen, ensuring that the work performed meets municipal quality standards and that the contractor repairs any defects that arise during the two-year maintenance period.
- Term
- 2 years
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Colorado
- Bond type
- Performance, Payment, Maintenance & Site Improvement Bond
- Category
- Contractors & construction
What this bond does
This bond guarantees that the contractor will perform all work according to the City of Aspen's specifications and requirements. It serves to protect the city from damages or losses resulting from the contractor’s activities, including negligence, misconduct, or the use of improper equipment or materials during the permitted work.
- Who needs it
- Contractors and construction firms performing multiple work projects within the City of Aspen who are required to obtain a Right-Of-Way permit for disturbing public ground.
- Who it protects
- The City of Aspen, Colorado, acts as the obligee of this bond. The bond covers the cost of repairing or replacing any defects in workmanship or materials for a duration of two years following the date the Engineering Department issues a final Inspection Log verifying 100% satisfactory completion.
Your bond option
This is the option on record for this bond.
- 2 yearsPurchase 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
- City of Aspen Maintenance Bond Form (opens in a new tab)Checked October 18, 2026
Have these ready
- Verify the total value of your work to determine the required bond penal sum, ensuring it is at least $2,500.
- Obtain the specific bond form required by the Aspen Engineering Department for Multiple Occurrence Work.
- Ensure your surety company is licensed to operate within the State of Colorado.
- Compile detailed plans and specifications for your proposed work to present to the Engineering Department.
- Prepare to have the bond form signed by your business officer and your surety's authorized attorney-in-fact.
Questions about this bond
What is the term length of this bond?
The bond remains in effect for a two-year maintenance period that commences upon the issuance of the final Inspection Log indicating 100% satisfactory completion of the work.
Can I cancel this bond if I finish my work early?
No. The bond is specified as non-cancelable for the full two-year term following the issuance date.
What happens if a defect is found during the maintenance period?
The contractor is responsible for repairing or replacing all defects to the satisfaction of the City of Aspen during the two-year maintenance period.
Is this bond only for a single project?
The Aspen maintenance bond options include Single project, Multiple Occurrence Work, and Blanket Coverage; you must ensure the bond is designated for Multiple Occurrence Work when applying.