Skip to content

Oregon bonds

Portland, OR — Street Opening Bond

Portland's $2,000 Street Opening Bond secures proper backfill and restoration and two years of good repair after work is completed. An approved filing can serve multiple excavation permits until canceled, but each permit remains a separate city authorization.

Also known as Portland Street Opening Bonds

Continue to our secure checkout partner, RLI (opens in a new tab).

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

What this bond does

Provide Portland's required street-opening security when work disturbs the ROW surface or ground beneath it, including applicable sewer, assessment and encroachment work.

Who needs it
Principals seeking City of Portland permits involving excavation or disturbance of public streets and related right-of-way.
Who it protects
The form is bound to the City of Portland and unto whom it may concern. It conditions the obligation on code compliance, removal of surplus material, restoration satisfactory to the City Engineer and two years of repair.

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 excavation permit to the approved filing

PBOT says a street-opening bond is required when the surface of the ROW or the ground underneath is disturbed. The form and instructions set a $2,000 penal sum and allow the bond to serve multiple excavation permits until canceled.

That continuing filing does not authorize excavation by itself. Keep the legal principal consistent with the permit request and ask PBOT whether an existing bond is approved for your application.

Separate the repair obligation from cancellation

The condition requires satisfactory restoration and two years of good repair from completion of the work. It is not a promise that every part of a private construction project will be completed or paid for.

The form requires 30 days' written notice to the City Engineer before cancellation. Do not treat cancellation as permission to abandon existing restoration or repair duties; confirm outstanding obligations with PBOT and the surety.

Complete execution and obtain city approval

Purchase Now opens RLI's existing Portland Street Opening Bond application. Provide the city form, legal principal and required sum. The city instructions call for the owner or company officer's signature, the surety attorney-in-fact's signature and attached power of attorney.

The city requires bond approval before permit issuance and separately requires acceptable insurance documents. Its web page and bond instructions give different processing estimates, so allow time and confirm current delivery/processing with PBOT's Insurance and Bond Group. Original paper is required when the bond contains specified stickers, embossments or hidden watermarks.

Sources

Have these ready

  1. Confirm the excavation activity, principal and any existing approved filing.
  2. Provide Portland's $2,000 form to RLI.
  3. Arrange principal/surety signatures and power of attorney.
  4. Confirm paper/delivery needs, separate insurance and city acceptance before permit issuance.

Questions about this bond

Does every opening require a separate bond?

The instructions say the bond may serve multiple excavation permits until canceled. PBOT must confirm that your filing is approved for the relevant applications.

When does the two-year repair obligation begin?

The city form measures it from completion of the work, not the bond purchase date.

Does RLI's issued document immediately authorize excavation?

No. Portland requires bond approval before it issues the permit. Insurance and other permit requirements remain separate.

Related bonds

Keep exploring

How can we help you get started?

Choose the quote that fits, and we’ll take it from there.

Have a question? Contact us