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Colorado bonds

Grand County, CO — Right Of Way Permit Bond

Plan Grand County right-of-way security around the cost of restoring the road. The county's posted Road & Bridge instructions call for a repair estimate and project security, with a two-year restoration obligation; obtain the current permit direction before buying.

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

What this bond does

This offering addresses the security submitted for work affecting Grand County, Colorado, roads and right of way. The county's instructions connect the security to returning the road and surrounding area to their required condition.

Who needs it
An applicant, excavator or contractor submitting a right-of-way work application to Grand County Road & Bridge.
Who it protects
The county's posted instructions provide for a bond claim if required compaction or rebuilding repairs are not completed. This protects the restoration obligation, rather than insuring the contractor's machinery or every project cost.

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.

Get the road-repair estimate first

The county-hosted instructions require an estimate of the cost to repair the road to its original condition. They describe a bond at 150% of that estimate, or an alternative annual contractor bond, in a form acceptable to Road & Bridge.

The document is dated March 24, 2020. Confirm the currently accepted calculation and alternative security before applying it to a new project. The estimate is not the bond premium.

Account for inspection and the restoration period

The instructions say the surety bond must remain valid for two years after work completion and describe a two-year compaction and rebuild obligation. They also call for a completion inspection and repairs if the work fails inspection.

That post-completion period differs from a provider billing term or a calendar-year permit. Ask Road & Bridge how it records completion and releases the security, and make sure the issued bond addresses that period.

Purchase for the actual county-road work

Prepare the work sketch, location and restoration estimate, then use Purchase Now for the supplied Grand County offering. Give the provider the county's current form and requested sum.

The posted instructions also contain seasonal permit and completion windows. Verify the dates for your proposed work rather than treating checkout as permission to dig. Submit the bond and obtain the county's permit before starting.

Sources

Have these ready

  1. Identify the county road, work location and proposed utility or access work.
  2. Prepare the road-restoration estimate and work-site sketch.
  3. Confirm current security calculation and post-completion duration with Road & Bridge.
  4. Arrange inspections and obtain written acceptance of the executed bond.

Questions about this bond

Is there one fixed bond amount for every Grand County permit?

The posted instructions relate security to the repair estimate, describing 150% of estimated restoration cost or an alternative annual bond. Confirm the county's current direction for your project.

Does the two-year period begin when I purchase?

The county instructions describe two years from work completion. Ask how completion and acceptance are recorded; this is different from the provider's premium period.

Can I work whenever the provider issues the bond?

No. The county instructions contain seasonal work restrictions and require a valid permit before work except under their emergency provisions. Confirm the current schedule with Road & Bridge.

What can trigger a restoration claim?

The instructions say the county may claim against the submitted bond if required compaction or rebuild repairs are not completed. The actual bond and permit define the enforceable obligation.

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