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Colorado bonds

Canon City, CO — Single Job Right Of Way Bond

Cañon City calculates site-specific right-of-way security from its restoration estimate. Have Engineering's estimate and job details ready before applying for the single-job bond.

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Recorded state
Colorado
Bond type
Right-of-Way / Street Work Bond
Category
Contractors & construction

What this bond does

This offering identifies single-job right-of-way security in Cañon City. The city's published packet bases the performance bond on restoration of the construction or excavation site.

Who needs it
The contractor furnishing security for an identified Cañon City right-of-way job rather than the frequent-permit annual arrangement.
Who it protects
The city requires a performance bond in its approved form and amount before issuing a right-of-way permit. The stated restoration estimate includes defective-material removal, recompaction, and surface improvements.

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.

Use the city's restoration estimate

The published packet requires 115% of the city's estimated restoration cost or $5,000, whichever is greater. Obtain Engineering's estimate for the work site instead of using the construction contract price or assuming the minimum covers every job.

The packet says all bond levels remain effective for two years and that the certificate must show that term. These city requirements do not fill in this option's blank amount or term; confirm the requested form and period with the provider.

Keep the job and original bond identifiable

Prepare the legal contractor, exact city recipient, job location, permit reference, restoration scope, and required dates. The packet calls for an original bond and separate city-endorsed insurance, with Engineering submission channels.

Purchase Now opens Propeller in a new tab. After issuance, check the single-job details and follow Engineering's current delivery instructions before permit issuance. Security for one job should not be assumed to satisfy a different blanket request.

Sources

Have these ready

  1. The single-job request and Engineering's restoration estimate.
  2. The legal contractor, city recipient, and job location.
  3. The city-approved form, confirmed sum, and required dates.
  4. The permit reference, original-document directions, and separate insurance.

Questions about this bond

Which estimate determines the bond amount?

The city's published requirement uses its estimate of site restoration, not automatically the full construction contract price. Obtain the approved figure from Engineering.

Is this the same as the frequent-permit annual alternative?

This offering identifies single-job security. The packet separately describes an annual alternative for contractors with frequent permits; use the arrangement the city requests.

Is a two-year term already offered here?

No term is displayed in the option. The city packet requires a two-year period shown on the certificate, so confirm that requested arrangement with the provider.

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