Gresham , Oregon, OR — Performance And Completion Right Of Way Bond
Gresham's ROW Performance and Completion Bond secures reconstruction of public facilities affected by the permitted work. The city form sets the initial obligation at 110% of the estimated reconstruction cost and retains a separate post-acceptance warranty amount.
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- Recorded state
- Oregon
- Bond type
- Right-of-Way / Street Work Bond
- Category
- Contractors & construction
What this bond does
Secure performance and completion of the defined reconstruction work within Gresham's right-of-way, under the permit, plans and Public Works Standards.
- Who needs it
- The principal responsible for reconstructing affected public facilities under a Gresham ROW permit.
- Who it protects
- The form names the City of Gresham as obligee and gives enforcement rights exclusively to it. It addresses the defined reconstruction work, not every promise in a private contract or payment of all subcontractors.
Your bond option
This is the option on record for this bond.
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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
- Gresham: Performance and Completion Bond for ROW Permit (opens in a new tab)Checked October 23, 2026
Have these ready
- Identify the principal and affected public reconstruction.
- Obtain the city-accepted reconstruction estimate and calculate the required 110% obligation.
- Prepare the permit/project references and city form.
- Confirm execution, delivery and the continuing warranty requirement.
Questions about this bond
Is the bond based on the entire development cost?
The form specifies 110% of estimated reconstruction cost for impacted public facilities in the ROW. Have Gresham confirm the applicable estimate.
Does city acceptance end all security?
No. The form retains a two-year warranty amount equal to 10% of estimated reconstruction cost or $1,000, whichever is greater.
Does the form give every contractor a payment claim?
No. Its rights are exclusively for the City of Gresham. It is not a general subcontractor-payment bond.