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Montana bonds

Livingston, MT — Street Opening Bond

Livingston's street-cut packet includes a Street Opening Bond naming the excavation contractor as principal and the City of Livingston as recipient. The required security is $5,000 or 100% of the estimated work cost, whichever is greater, and must extend at least one year after the City accepts the restoration. Obtain the City's work-specific requirement before applying.

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

What this bond does

Secure the excavation contractor's Livingston street-opening permit obligations, including protection and restoration of the affected public improvements.

Who needs it
The excavation contractor named on the City's street-opening bond, with the permit applicant, property owner and utility roles identified.
Who it protects
The City's form supports permit compliance, indemnity and reimbursement for required maintenance, repairs or replacement after default. It is not permission to excavate or a general contractor-license bond.

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-opening form for the actual cut

Identify the street or alley, surface, proposed cut dimensions, utility work and work dates. Livingston's selected packet asks for plans and distinguishes the applicant from the contractor; its Exhibit C specifically names the excavation contractor as principal.

The packet requires security of $5,000 or 100% of estimated work cost, whichever is greater. Give the issuer the City's accepted calculation, permit identification and required form. Do not substitute another Montana city's percentage or a contractor-license instrument.

Keep bond dates, permit approval and restoration separate

Purchase Now opens the existing Propeller application, which lists no fixed amount or term. Check the legal principal, City recipient, assigned sum and dates before issuance. The City packet requires an attorney-in-fact authority certificate covering the bond date.

The current Public Works index links the street-cut packet, which directs submission at least one week before the proposed start. Supply the bond or identify the bond already on file, obtain permit approval and give the required 48-hour work notice. A street closure requires its separate approval and traffic-control arrangements.

The packet's six-month permit period is not the bond term. Security must remain in effect for at least one year after restoration is accepted by the City. The bond's surety-cancellation provision requires certified notice and 30 days after the Director receives it for future liability; it does not release earlier obligations.

Sources

Have these ready

  1. Street/alley location, surface, cut dimensions, utility purpose and work plans.
  2. Excavation contractor's legal name, separate applicant/owner roles and City business-license information.
  3. City-accepted estimate, greater-of security amount, permit identification and Exhibit C bond.
  4. Executed bond and authority certificate; permit approval, work notice and restoration-acceptance requirements.

Questions about this bond

Is $5,000 always enough?

No. Livingston's packet calls for $5,000 or 100% of the estimated work cost, whichever is greater. Use the amount accepted for your work.

Does the bond end when the six-month permit ends?

No. The packet separates the permit period from security extending at least one year after City acceptance of restoration. Match the actual bond dates and continuing obligations to that requirement.

Can the property owner be substituted for the contractor?

The City's published Street Opening Bond names the excavation contractor as principal. Resolve any difference between the applicant, owner and contractor with Public Works before issuance.

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