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Pennsylvania bonds

Oakmont, PA — Street Opening Permit Bond

Oakmont distinguishes security for a single opening from a continuing bond approved for multiple permits. Have the borough calculate the required amount and any additional security for your excavation before purchase.

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

What this bond does

Provide the bond accepted by Oakmont Borough for the specific street-opening permit or approved continuing arrangement.

Who needs it
Applicants excavating, tunneling or working in Oakmont public roads, streets, lanes or alleys.
Who it protects
The code’s bond condition concerns compliance with opening requirements, restoration and protecting the borough from opening-related loss. It is not a blanket guarantee of every obligation under a construction 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.

Use the opening estimate and dimensions

Section 176-3 describes ordinary security of at least twice the estimated opening, excavation and replacement cost, plus $1,000. The borough must confirm the estimate and accepted form for your application.

The code also calls for additional bonding for an excavation exceeding 50 feet in length or three feet in width. Provide the actual dimensions and restoration plan rather than assuming one standard amount covers every cut.

Ask for the arrangement you need

A specific-permit bond may be approved by the Borough Secretary or Mayor. A continuing bond for an applicant’s permits during a specified period requires Mayor and Council approval.

The code separately allows approved public-service-company arrangements, including a company’s own bond when Council finds it sufficient. Do not assume a utility is automatically exempt or that this offering already covers all permits.

Keep security approval and permission to work separate

Compare the borough’s requested condition, principal, recipient, sum and dates with the provider application before using the purchase link. Then file the executed bond as directed and obtain the opening permit.

The code describes a five-year permanent-restoration responsibility. That is not a fixed term stated in this option. Confirm the actual duration and release conditions, and keep the required permit copy at the job while work proceeds.

Sources

Have these ready

  1. Applicant name, opening purpose, location, dimensions and restoration estimate.
  2. Single-permit or continuing-security request and approval.
  3. Required surety condition, additional-security calculation, dates and filing instructions.

Questions about this bond

Is one continuing bond available for repeated openings?

The code allows an approved continuing arrangement for a specified period. Mayor and Council approval, amount and terms must be confirmed.

Does every utility avoid a surety requirement?

No automatic exemption is established. The code permits a public-service-company alternative subject to borough approval and sufficient security.

Is this a fixed five-year bond?

The option states no term. The code’s restoration responsibility does not by itself establish the duration of the issued instrument.

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