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Ohio bonds

Findlay, OH — Street Opening - Single Address Bond

Use this Findlay offering for a street-opening bond tied to one address. The city's Performance Bond form identifies that location and keeps the obligation in force until the city accepts completion of the permitted opening.

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

What this bond does

Findlay's single-address street-opening form secures faithful completion of the identified opening under the city's applicable standards. It is distinct from the separately offered blanket street-opening security.

Who needs it
The contractor or other principal responsible for a permitted street opening at a specified Findlay, Ohio address.
Who it protects
The City of Findlay is the obligee. The form requires the principal to complete the permitted street opening to the city's satisfaction and applicable specifications; it does not secure every unrelated contract the business performs.

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 opening and permit

The city form includes a specific 'Street Opening at' address field. Prepare the actual opening location, permit reference and responsible principal's legal name, rather than using a general business address for the work location.

The form concerns work for which permits have been granted. Bond issuance does not itself grant the street-opening permit, and a single-address bond should not be assumed to cover openings at other locations.

Use the city's amount and completion condition

The published form leaves the penal sum blank. Obtain the amount from Engineering and have the provider confirm the correct city instrument before applying.

The condition remains in force until completion has been duly accepted by Findlay. A planned finish date, filled opening or single-job label is not evidence of automatic release or a fixed one-year term. Keep the city's inspection and acceptance records.

Apply for the single-address instrument

Purchase Now opens Propeller's existing Street Opening - Single Address Bond application. Check the address, principal, City of Findlay recipient and requested sum, then review the issued bond and provide it as Engineering directs.

The form permits surety cancellation on 30 days' written notice to the city, preserving liability accrued before that period expires. Do not confuse that provision with city acceptance of the work. If you need security for several openings, ask about the separate blanket instrument rather than assuming the forms are interchangeable.

Sources

Have these ready

  1. Identify the specific street-opening address and permit.
  2. Obtain Engineering's required amount and current single-opening form.
  3. Use the legal principal responsible for the permitted work.
  4. Submit the issued bond and retain inspection and city completion-acceptance records.

Questions about this bond

Does this cover street openings at multiple addresses?

This offering and the city form identify a single address. Obtain separate direction from Engineering for other openings or blanket security.

What amount does the city's form state?

Its sum is blank. Request the required amount from Engineering rather than assuming a minimum.

Does the bond end on the planned completion date?

The form says it remains in force until Findlay duly accepts completion. Coordinate inspection and acceptance instead of relying on a planned date.

Does cancellation erase earlier liability?

No. The form preserves liability accrued before expiration of its 30-day written cancellation-notice period.

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