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Michigan bonds

Clio, MI — Right Of Way Bond

Clio's selected ROW requirements call for $2,000 performance security effective for two years from final acceptance. The same packet separately describes a final-inspection certificate a year after completion notice. Ask Public Services to confirm how the actual coverage, inspection and release dates fit together before issuance.

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

What this bond does

City of Clio, Michigan security for the specified public-way permit work and restoration, with the City's actual amount and closeout requirements confirmed.

Who needs it
The named permit applicant and contractor responsible for the particular street, alley, sidewalk or other public-property excavation.
Who it protects
The City's conditions address performance of the permitted activity, safe traffic protection and restoration. They do not establish a general guarantee of every private construction contract.

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.

Identify the separate opening and accepted security

The selected requirements say a separate permit is needed for each occasion and must identify the cut, trench or excavation location. Complete the applicant and contractor fields and the proposed use, location and work period; do not assume one permit authorizes every future opening.

The requirements specify $2,000 performance security, effective for two years from final acceptance. The permit conditions also allow the City to require a bond, cash or certified check in an amount it deems necessary. Confirm the actual instrument and any project-specific assignment rather than treating the guide's amount as a supplied checkout choice.

Confirm final acceptance and release rather than guessing the anniversary

The packet requires completion notice and a timely inspection request, and warns that failing to call within 30 days after project completion affects the separate inspection deposit. Its conditions describe a final-inspection certificate one year after completion notice and withhold the surety deposit until that certificate and payment of billable charges. Have the City reconcile these steps with its two-year-after-final-acceptance security requirement; do not promise release one year after purchase or work completion.

Purchase Now opens Propeller. The option displays no fixed amount or term. Match the City-approved form, applicant/recipient, assigned sum, coverage and dates with the issuer, arrange execution and accepted filing, and obtain the actual City permit.

Maintain the required barriers, lights, traffic protection and restoration. Keep completion, inspection, final-acceptance and release records separately; a refund of an inspection deposit is not an established surety-premium refund.

Sources

Have these ready

  1. Specific Clio excavation location, applicant/contractor, use and work period for this occasion.
  2. City-confirmed form/parties, security amount and accepted bond/cash/check arrangement.
  3. Required coverage tied to actual final acceptance, with inspection-certificate and release timing clarified.
  4. Executed filing, City permit, timely completion/inspection request and final-acceptance/release records.

Questions about this bond

Does one Clio permit cover every opening?

The selected requirements call for a separate permit for each occasion, identifying the cut, trench or excavation location.

Is the required two years measured from checkout?

No. The requirements use final acceptance. The packet has a separate completion-notice/final-certificate provision, so ask the City to confirm the actual coverage and release dates.

Is the inspection deposit the same as the surety bond?

The packet treats inspection deposit/refund conditions separately from performance security. Do not infer a surety-premium refund from the inspection-deposit provision.

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