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Ohio bonds

Greater Cincinnati Water Works, OH — Developer Bond

GCWW's posted developer bond concerns subdivision water-service branches from the water main to the right-of-way or property line. It is not a general bond for completing every improvement in a development.

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Recorded state
Ohio
Bond type
Construction / Developer / Installation Bond
Category
Contractors & construction

What this bond does

Secure the developer's service-branch installation, correction and related obligations described in GCWW's developer bond.

Who needs it
The developer or subdivider arranging service branches in a development that extends the Cincinnati Water Works system. Have the subdivision, lots and tapper information ready for GCWW's request.
Who it protects
The posted model benefits the City of Cincinnati and other parties sustaining the described losses. It covers compliant branch work, correction of defects or water-system damage on the Director's notice, and the specified claims arising from the developer's or its contractors', agents' or employees' conduct.

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

The developer model cites Municipal Code §401-33 and describes a separate branch for each lot or facility abutting proposed streets or rights-of-way. Its condition addresses installing, repairing, altering and connecting branches in accordance with City ordinances and Water Works rules. The undertaking also covers correction of defective work and damage to systems for which the City has maintenance responsibility; both the City and other qualifying injured parties may bring an action under its terms.

GCWW's posted form prints a $10,000 sum and asks for the subdivision name, number of lots, effective date, tapper and WSL number. Bring those project details and confirm the current requested sum and accepted form with GCWW before applying. The form's effective-date field does not establish an annual expiry or release of existing obligations.

Purchase Now opens Propeller's GCWW developer application in a new tab. Bring the written utility request, full accepted undertaking, legal developer name, subdivision and lot details, tapper and WSL information, amount and dates. Confirm the form and surety execution with GCWW and the provider before paying. Deliver the completed bond through GCWW's instructed process and retain acceptance; a bond purchase does not approve plans or authorize service-branch work.

Sources

Have these ready

  1. Obtain GCWW's written developer-bond request and current accepted form.
  2. Identify the legal developer, subdivision name, number of lots and service-branch work.
  3. Have the tapper, WSL number, effective date and requested amount available.
  4. Confirm the City beneficiary, execution and delivery requirements; keep plan and work approvals separate.

Questions about this bond

Does this guarantee every subdivision improvement?

The posted developer model concerns the described water-service branches and related correction and damage obligations. Do not substitute it for unrelated road, drainage or general development-completion security.

Is the City the only party that can claim?

The posted undertaking also benefits other parties sustaining the described losses and permits the City, such a party, or both to bring an action. Read the complete accepted condition rather than describing the bond as City-only protection.

What project information does the form request?

It asks for the subdivision name, number of lots, effective date, tapper and WSL number, alongside the principal, surety and local agency information. Confirm the current requested sum with GCWW.

Does the effective date establish a one-year bond term?

The posted form does not state an annual expiry in that field. Obtain GCWW's actual coverage and release instructions; do not assume a date alone ends responsibility for the described work.

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