Greenwood Village, CO — Right Of Way Bond
Greenwood Village's ROW form combines performance, payment, maintenance, and warranty obligations. Obtain the city's requested sum and permit details before applying; the title alone does not describe all the form's duties.
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- Recorded state
- Colorado
- Bond type
- Right-of-Way / Street Work Bond
- Category
- Contractors & construction
What this bond does
This offering identifies security for installing or maintaining facilities and performing permitted work in Greenwood Village public right-of-way. The published city form provides a bond alternative to a letter of credit.
- Who needs it
- Permit applicants furnishing the City of Greenwood Village's public ROW performance, payment, maintenance, and warranty bond.
- Who it protects
- The city form secures permit performance and specified city losses, requires payment for labor, materials, and equipment used or rented for the permitted work, and includes repair/warranty duties. It is specific to that ROW undertaking.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
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.
Sources
Have these ready
- The city public ROW performance/payment/maintenance/warranty form.
- The legal principal, City of Greenwood Village recipient, and permit reference.
- The facilities/work description, requested sum, and dates.
- Execution authority, submission directions, and acceptance/release conditions.
Questions about this bond
Is the obligation limited to pavement repairs?
No. The published ROW form also addresses permit performance, specified city losses, and payment for work-related labor, materials, and equipment. Use the complete city form.
Does the two-year guarantee begin at purchase?
The form links it to city probationary acceptance. Confirm the actual arrangement and acceptance milestone; no fixed term is displayed in this option.
Can I assume automatic release after two years?
The form calls for city written release or written acceptance of substitute security. Follow that process rather than treating the guarantee period as an automatic cancellation date.