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Indiana bonds

Fishers, IN — Right Of Way Permit Bond

For Fishers ROW excavation, match the City's posted permit-specific Performance Bond before ordering this offering. That form identifies the City as Owner and secures the excavation permit under Sections 94.10–94.18; a general ROW product name does not establish that the issuer supplies its wording.

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

What this bond does

Security matching the actual City of Fishers excavation-permit performance request.

Who needs it
The contractor/principal for the identified excavation permit and location, with any additional parties executed as required.
Who it protects
The posted form covers performance/correction under the excavation permit, excludes unrelated contractor obligations and gives an action to the City Owner or its successors—not an unrestricted remedy for every private project claimant.

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 excavation form, not an unrelated development bond

The City-hosted ROW Performance Bond incorporates the actual excavation permit, its conditions and Sections 94.10–94.18, including extensions. Identify the permit date, project location, contractor, City Owner and assigned penal sum. The form leaves that sum blank; it is not evidence of one universal minimum.

Its instructions require a surety authorized in Indiana and on the current Treasury Circular 570 list. Have the City and issuer confirm the actual instrument and surety eligibility; do not substitute a subdivision performance example or assume the offering's label proves acceptance.

Separate the form's remedies from provider duration

The form has City default/notice provisions and surety performance remedies, with responsibilities for defective-work correction and permit completion. Its three-year provision concerns proceedings after specified default/work/surety events, not a quoted three-year product term.

Purchase Now opens Propeller; the option displays no fixed amount or term. Obtain confirmation that the actual City-required form, sum, parties/dates and permit scope can be supplied. Arrange the required authorized signatures and City delivery/acceptance, then obtain the actual work authorization.

Use the accepted documents for extensions, completion/correction and any release or continuation. Issuance is not City permission, and a scheduled finish does not independently establish that all permit-bond duties have ended.

Sources

Have these ready

  1. Actual Fishers excavation permit, location, contractor/principal and City Owner.
  2. City-assigned sum, accepted permit Performance Bond and issuer/surety eligibility confirmation.
  3. Required parties/dates, extension treatment, authorized execution and actual delivery/acceptance.
  4. Separate work permission, completion/correction and actual release or continuation conditions.

Questions about this bond

Does this posted form secure every private construction obligation?

No. It secures the defined excavation permit, excludes unrelated contractor duties and limits the right of action to the Owner and its successors.

Is the form's three-year clause a three-year bond quote?

No. It limits proceedings by reference to specified triggering events. Match the accepted issued document and permit/extension conditions; no fixed option term is displayed.

Can a subdivision performance form be used automatically?

No. The posted ROW form is tied to the excavation permit and its ordinance conditions. Have the City and issuer confirm the required wording and actual offering match.

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