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New York bonds

New York, NY — Street Obstruction (51-100 Locations) Bond

NYC DOT's fifty-one-to-one-hundred locations liability template states $100,000. Confirm the planned sites and work category before applying, especially if operations may exceed one hundred locations during the coverage period.

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

What this bond does

Arrange the City's accepted permit security for the fifty-one-to-one-hundred-location category. DOT lists this template with street and sidewalk opening forms; building operations have a separate multiple-location instrument.

Who needs it
A legal permittee arranging qualifying City work at fifty-one through one hundred locations. Prepare the actual sites and activities rather than treating the number of permit documents as an automatic location count.
Who it protects
The form secures compliance with permitted-work requirements, protection and restoration of City property, repair of defective work and specified City liabilities. It does not independently approve those operations or replace required insurance.

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 the work category and upper boundary

The currently selected instrument is titled Fifty-One to One-Hundred Locations Liability and states $100,000. DOT separately publishes a greater-than-one-hundred form stating $250,000; do not assume this band continues to cover additional locations without review.

DOT also separates its building-operations-only multiple-location form. Ask which category applies to the actual activities and how sites are counted before matching the provider's document.

Confirm the calendar year and earlier-work obligations

The form covers the stated calendar year and allows successive annual extensions through continuation certificates executed by the principal and surety. Its liability is not cumulative from year to year.

Cancellation does not eliminate obligations for permits issued or work performed before its effective date. Maintenance guarantees also depend on protected versus unprotected streets. Confirm continuation and continuing-work instructions rather than assuming a fresh year ends earlier obligations.

Execute the surety, then obtain the work approvals

Confirm the legal principal, $100,000 template, sites, coverage year and dates before continuing through Propeller. Prepare the required signatures, acknowledgments, proof of authority and surety attachments.

File the issued instrument as DOT directs and complete the separate insurance and permit requirements. Work at individual sites remains subject to the City's approvals and conditions; holding multiple-location security does not issue those permits.

Sources

Have these ready

  1. List planned City locations and activities for DOT's classification.
  2. Confirm the fifty-one-to-one-hundred band and arrangements if more sites are added.
  3. Prepare the accepted $100,000 instrument, principal, coverage year and execution material.
  4. Arrange filing, separate permits and insurance, continuation and restoration duties.

Questions about this bond

Does the official band include exactly one hundred locations?

The selected form is expressly fifty-one to one hundred. DOT separately lists greater than one hundred. Confirm the correct category before adding more sites.

Is this a building-operations-only bond?

DOT lists a separate multiple-location form for that category. Match the actual work and accepted instrument rather than choosing only by the number of addresses.

Does the $100,000 limit accumulate each year?

The actual template states that surety liability is not cumulative from year to year. It separately preserves earlier-work obligations and provides continuation-certificate instructions.

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