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Iowa bonds

Milford, IA — Blanket Excavation Right Of Way Permit Bond

Milford's current linked packet asks for yearly $10,000 Performance and Maintenance security and includes the contractor blanket template. Its 60-day excavation permit is distinct from continued covered work and two-year post-completion defect duties.

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

What this bond does

Contractor blanket performance/maintenance security for City of Milford, Iowa permitted ROW excavation and restoration.

Who needs it
The excavating contractor/principal, with property owner and the person responsible for restoration/communication separately identified.
Who it protects
The exact template binds the contractor/surety to City and breach-injured beneficiaries for covered ROW duties, with City costs and stated limits. It is not security for every unrelated private contract.

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.

Check security already on file and use the actual packet

The current Documents & Forms page links the June 2026 Excavation Permit and Bond packet. It asks for yearly $10,000 surety Performance and Maintenance security and a separate yearly liability certificate naming the City additional insured, with fields for whether each is already on file.

The permit identifies the actual utility/activity, new/repair/abandonment/connection purpose, materials, location, contractor, owner, dates and restoration contact. Supply the drawing and traffic arrangement and communicate with Public Works. The packet says it will not be processed until its required documentation is supplied.

Keep the permit and post-work obligations distinct

The application labels permit expiration at 60 days. The blanket form secures permitted excavation/restoration, continues through covered work and addresses defects/damage for two years after completion. It has separate right-to-sue and City expense provisions, including a stated surety ceiling of 125% of the penal sum; do not assume the printed face amount or permit expiry is automatic full release.

Purchase Now opens Propeller; the option displays no fixed amount or term. Match the actual City template, contractor/recipient, covered projects, sum and dates with the issuer. The packet calls for quadruplicate execution; use Public Works' accepted execution/delivery instructions and confirm existing on-file coverage before ordering a duplicate.

After accepted security and documentation, obtain actual excavation permission. Follow Iowa One Call, property-line, traffic, restoration and inspection requirements; the packet includes an approval record and a separate properly-closed inspection record. Keep actual completion, continuation and release direction rather than treating yearly filing as a one-year-only work warranty.

Sources

Have these ready

  1. Actual Milford utility/activity and new/repair/abandon/connection scope, location, contractor/owner and restoration contact.
  2. Current $10,000 yearly contractor blanket form and separate City-additional-insured certificate; check existing accepted documents.
  3. Site/traffic drawing, dates, actual execution/quadruple documents and accepted City delivery.
  4. Approved permit, work/closure/locate arrangements, completion inspection and continuing defect/release conditions.

Questions about this bond

Should I order duplicate security for every excavation?

The current packet asks whether the yearly bond and insurance are already on file. Have Public Works confirm actual blanket scope/status and what new documentation is needed.

Does a 60-day permit end the blanket obligation?

No. The template separately continues covered work and two-year post-completion defect duties, with other claim provisions. Obtain actual continuation/release direction.

Is the yearly filing a quoted one-year provider term?

No fixed provider term is displayed. Have the issuer supply the actual City-required form, dates and covered scope.

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