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Colorado bonds

Northglenn, CO — Public Right-Of-Way (Annual) Bond

Northglenn allows city-approved annual security for proposed ROW work, but its code also requires security after completion and acceptance. Confirm that arrangement before selecting the displayed one-year option.

Term
1 year

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

What this bond does

This offering identifies Northglenn annual public right-of-way security. The published code allows an annual bond instead of project-specific security only with prior city review of its form and amount.

Who needs it
Contractors seeking Northglenn's approved annual security arrangement for proposed ROW work.
Who it protects
The published code conditions security on ordinance compliance and specified judgments/costs arising from wrongful or negligent permitted work. Annual security does not prevent the city from requiring additional project-specific protection.

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.

Have the city approve the annual scope and sum

Section 16-2-12 allows an annual bond sufficient for all proposed work during the coming year, with form and amount subject to prior city approval. The city can require more project-specific security if the annual arrangement is insufficient.

Prepare the legal contractor, proposed permits and work, city form, requested sum, and dates. Do not automatically use the project-specific calculation as the approved annual amount.

Distinguish the displayed year from post-acceptance security

The purchase option displays a one-year term. The published code says annual and other listed security must remain effective for at least two years after completion and written city acceptance. A one-year option label alone does not establish how that continuing requirement is met.

Purchase Now opens Propeller in a new tab. Confirm the accepted annual form and required continuation arrangement before completing the application, then check and deliver the issued security for city approval. The bond does not issue the ROW permits.

Sources

Have these ready

  1. The city's approved annual security request and form.
  2. The legal contractor, city recipient, and proposed year of work/permits.
  3. The city-approved annual sum and any additional project security.
  4. The actual continuation arrangement for the post-completion/acceptance period.

Questions about this bond

Does the annual bond prevent a separate project request?

No. The published code permits additional project-specific security if the city finds the annual bond insufficient for work or a particular project.

Does the one-year option satisfy every duration requirement?

That is not established by the option label. The code separately requires security after completion and written acceptance; confirm the provider's arrangement and city approval.

Can I choose the annual sum myself?

The city's prior review and approval apply to both form and amount. Provide the proposed work and obtain its accepted annual requirement.

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