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Colorado bonds

Colorado Springs Utilities, CO — Utility Deposit Bond

Prepare Colorado Springs Utilities deposit security from its request for your account. Confirm the legal customer, covered services and amount before applying.

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Recorded state
Colorado

What this bond does

The offering concerns customer-account payment security under the accepted utility bond.

Who needs it
Colorado Springs Utilities customers asked to arrange deposit-bond security for specified accounts.
Who it protects
The recipient in the accepted form receives security for the stated customer obligation. The customer remains responsible for service bills.

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

Keep each covered account reference with its service and legal customer. The Utilities name or a shared premises does not establish that every service or customer account is included. Use the full accepted recipient wording from the actual notice.

One application route is offered without preset amounts or terms. Prepare the required amount, accepted form and effective date. Purchase Now opens Propeller in a new tab. After issuance, check the account scope and deliver the document as instructed. Utility acceptance, service activation and release of previous security remain separate.

Sources

Have these ready

  1. Utility's written security request and accepted form.
  2. Legal customer, Colorado service locations and covered account/service references.
  3. Required amount, effective date and delivery instructions.

Questions about this bond

Does Utilities mean all services are covered?

Use the services and accounts specified in the accepted request and form, not the plural name alone.

Can different customer accounts at one address be combined?

Have the utility and provider confirm the required legal customer and account scope rather than assuming a common address is enough.

Does applying return existing cash security?

No. Confirm acceptance and the utility's cash-release or replacement process separately.

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