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Tennessee bonds

Oak Hill, TN — Road Bond

Oak Hill’s Road Bond secures city-code compliance and repair of city property. Its published form is continuous and leaves the penal sum to be completed; confirm the city’s assigned amount rather than assuming a one-job road-repair term.

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

What this bond does

Provide the City of Oak Hill’s accepted Road Bond for the named principal and permit/work.

Who needs it
Contractors or other principals directed to provide the city’s road condition.
Who it protects
The form addresses code compliance and damage to city property from the principal’s work, including work by contractors, subcontractors or suppliers. Its listed facilities extend beyond pavement to curbs, drainage, utilities, sidewalks and traffic equipment.

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.

Match the Road Bond and legal principal

Use the actual Road Bond to Secure Compliance and Repair of City Property. It asks for the contractor/principal’s name exactly as on the state license where applicable, city permit number and project address/description.

The city also publishes a separately titled Permit Bond. Have the city/provider compare the requested instrument rather than substituting solely because the wording looks similar. The road form leaves its amount blank.

Understand continuing and surviving exposure

The road form says the term is continuous and retains liability for work under permits issued before termination, even if noncompliance occurs later. A completed project or calendar year does not independently establish discharge.

Its liability limit is noncumulative, and it provides a right of action only to the city. It should not be described as insurance for a private property owner or a payment guarantee to every supplier.

Complete execution and city delivery

Have the provider verify the city recipient, principal, condition, assigned sum and dates before purchase. The road form provides principal/surety signatures and notary spaces and gives city mailing instructions.

Follow the current receiving office’s directions and obtain the permit before work. The form’s reference to work that should have been permitted does not grant permission to begin without authorization.

Sources

Have these ready

  1. City Road Bond request, legal principal/state-license name where applicable and permit number.
  2. Project address/description, affected city facilities and assigned penal sum.
  3. Effective date, principal/surety/notary execution and city delivery/termination instructions.

Questions about this bond

Does the city form state a fixed amount?

No. The reviewed Road Bond leaves the penal sum blank. Obtain the assigned sum.

Is this automatically a one-job bond ending at completion?

No. The road form is continuous and retains specified pre-termination permit exposure.

Can a private owner claim merely because their project is covered?

The published form gives a right of action only to the City of Oak Hill, not every private participant.

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