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Indiana bonds

Lafayette, IN — Right Of Way Street Cuts/Excavations Bond

Lafayette's posted policy requires a $10,000 bond and a certificate of liability insurance for street-cut/excavation permits. Its $1,000 sidewalk and $5,000 building/service-work categories are different; use the City's actual street-cut classification, legal principal and accepted document.

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

What this bond does

City-required security for the actual Lafayette street-cut/excavation authorization.

Who needs it
The legal principal/applicant for the identified City cut or excavation, with the actual covered trades and work location.
Who it protects
The City of Lafayette is the stated obligee. Its accepted bond defines the secured duties; the separate liability certificate does not change the surety instrument into general insurance or cover every private project.

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 street-cut amount and separate insurance

The City ROW requirements list Street Cuts/Excavations with a $10,000 bond and certificate of insurance. New/replacement sidewalks have a different $1,000 bond category, while several building and sewer/water-service permits fall under $5,000 in the bond policy. Do not select the smaller amount simply because the project also involves a connection or sidewalk.

Identify all requested permits and the actual cutting work. The policy separately requires commercial general liability insurance listing City of Lafayette, IN as certificate holder; the bond lists the City as obligee. Confirm that both documents satisfy the actual request rather than treating one as the other.

Prepare a valid original and obtain actual permission

The bond policy asks for bond number, principal's full name/address and signature, surety signature, covered trades, City obligee, power of attorney and effective/expiration dates. A new original can be raised-seal/wet-signature hard copy or a non-scanned electronic version; an unsigned electronic bond is invalid until printed and signed by the principal.

Purchase Now opens Propeller; the option displays no fixed amount or term. Have the issuer match the City's street-cut request and required execution. The policy directs bonds/continuations to Engineering at its stated permit email or delivery address and accepts/prefers electronic continuation certificates.

Complete the separate cut/excavation permit approval and follow its actual traffic, restoration, inspection and release or continuation conditions. A provider receipt or issued but unsigned document is not City authorization to open the street.

Sources

Have these ready

  1. Actual Lafayette street-cut/excavation, location, associated permits and covered trades.
  2. $10,000 street-cut security and separately acceptable liability certificate; correct obligee versus certificate-holder wording.
  3. Full principal/issuer details, actual form/dates, signatures, power of attorney and valid original format.
  4. Engineering delivery/acceptance, actual work approval and applicable restoration/inspection/release or continuation.

Questions about this bond

Can the $1,000 sidewalk category be used for a street cut?

The City lists street cuts/excavations separately at $10,000 with a liability certificate. Match the actual cut permission rather than importing the sidewalk amount.

Does Lafayette require every new bond to be mailed on paper?

Its policy also accepts a non-scanned electronic original. The principal still must sign; its instructions address printing/signing an unsigned electronic document. Confirm the accepted final delivery format with Engineering.

Does the policy establish this provider's annual term?

No fixed option term is displayed. The City asks for actual effective/expiration dates and permits electronic continuations; match the issued document and actual work request.

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