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Michigan bonds

Oak Park, MI — Right Of Way Permit Bond

Oak Park's published ROW application lets the City Engineer require accepted performance or cash security, with an assigned sum of at least $1,000 and a period of at least one year from application. Keep that requirement separate from the inspection-cost deposit and the actual product term supplied by the issuer.

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

What this bond does

This bond protects the City of Oak Park against potential financial losses or damages resulting from construction operations within the public right-of-way. It holds the permit holder accountable for fulfilling the conditions outlined in their approved permit application, including site restoration and damage prevention.

Who needs it
The actual City ROW applicant and contractor instructed to supply security. The selected form makes a contractor performing the work and supplying the bond responsible along with the applicant for applicable provisions.
Who it protects
The bond acts as a surety for the City of Oak Park, Michigan. It is a performance-based obligation ensuring the applicant complies with all permit conditions, including the duty to save the city harmless from claims for damages and to perform necessary site work, removals, or alterations as requested by the City Engineer.

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.

Confirm the Engineer's security assignment and application date

The selected form allows the Engineer to require acceptable performance or cash security with the application, in the assigned amount of at least $1,000. It states a period of at least one year from application, not a year from completion or acceptance.

Identify the actual applicant/contractor, work address, start/end and described construction, with required plans. Obtain the Engineer's actual form, parties, security assignment and coverage dates. Those authority conditions do not establish a fixed amount or term displayed by this offered option.

Separate security, expense deposit and actual permit approval

Distinguish cash accepted as performance security from the separate Engineer-assigned inspection/expense deposit, stated as at least $300. The form describes the latter's return after satisfactory completion and presentation of the City receipt, less City expenses; that is not a surety-premium refund rule.

Purchase Now opens Propeller. The option displays no fixed amount or term. Match the confirmed City instrument with the issuer, arrange actual execution and City-accepted filing with the application, and obtain the Engineer/Supervisor's actual permit approval.

Arrange requested insurance, start notice and closeout

Notify the City Engineer at least 24 hours before starting. The selected form calls for proof of insurance upon request, for the permit term and at least $100,000 each for personal injury and property damage; confirm the actual current request separately from security.

Follow actual safety, work and facility-removal/relocation conditions. The Engineer may require surrender for default or City need of the area. Keep inspection and completion records and obtain actual restoration/acceptance and security-release instructions rather than assuming surrender or the one-year minimum automatically ends liability.

Sources

Have these ready

  1. Verify the exact bond amount required for your specific project with the Oak Park City Engineer.
  2. Obtain a performance bond from a licensed surety provider that meets the city's requirements.
  3. Confirm requested liability evidence and current amounts separately from performance/cash security.
  4. Ensure your Application for Right-of-Way Permit is completed and signed by all relevant parties.
  5. Confirm if a separate cash deposit is required by the City Engineer for inspection costs.

Questions about this bond

What is the minimum amount for the Oak Park Right of Way Permit Bond?

The bond must be in an amount determined by the City Engineer, but it cannot be less than $1,000.00.

How long must the bond remain in effect?

The bond must remain in effect for a period of not less than one year from the date of your permit application.

Is this bond the same as the cash deposit?

The form distinguishes accepted performance or cash security from the separate inspection/expense deposit of at least $300. Confirm both assignments; the expense-deposit return is not a surety-premium refund.

What happens if I fail to follow the permit conditions?

If you fail to comply with permit conditions or refuse to remove/alter facilities as requested, the city may use the bond to cover the costs incurred to address the situation.

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