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Washington bonds

Redmond, WA — Right Of Way Permit (Development Engineering & Construction) Bond

Redmond's published Development Engineering ROW Performance Surety Bond secures the improvements identified in the approved project plans and city file. Prepare the actual project, completion date and city-approved amount; the form also makes later warranty security part of the release conditions.

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

What this bond does

Helps a Redmond development applicant prepare project ROW performance assurance and distinguish it from separate warranty or cash-security instruments.

Who needs it
Principals arranging Development Engineering ROW improvement security for an approved Redmond project.
Who it protects
The form binds the principal and surety to the City of Redmond for the specified improvements, related default remedies and the stated sums that could give rise to liens against city property.

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 approved city file and plans

The form identifies the project, city file, building permit where applicable, site, approval date and particular improvements. The covered work comes from approved plans and city-file conditions, not a blanket promise to complete every construction job.

Have Development Engineering identify the required form, amount and completion date. A separately published ROW-use warranty cash bond or general contractor license is not automatically a substitute for this performance surety instrument.

Separate completion from the warranty stage

The performance form addresses completion, specified payment obligations that could create city-property liens and city acceptance by the stated date. It provides surety default-response and emergency-repair remedies rather than a universal fixed-duration policy.

For release, its published terms require full performance and formal city acceptance, plus an acceptable warranty bond for at least one year from acceptance and not less than 10% of improvement cost. That warranty period is not the initial performance bond's term. Confirm the actual requirements for the approved project.

Obtain city acceptance and written release

Use the existing Propeller application with the selected city instrument and project details. The form provides principal/surety execution, city acceptance and release-contact fields and calls for the original supporting surety document, such as a Power of Attorney.

File through the city's current directions and obtain the necessary permit authorization before work. The performance form remains effective under its stated conditions until written city release requested by the principal or surety; reaching a planned completion date or buying replacement security is not proof of release.

Sources

Have these ready

  1. Collect the approved project name, site, city file, permit references and improvement plans.
  2. Have Development Engineering confirm the form, amount and completion date.
  3. Prepare principal/surety execution and the required supporting surety document.
  4. Confirm formal acceptance, applicable warranty security, release contact and written city release.

Questions about this bond

Does this guarantee every job my company performs?

No. The Development Engineering form identifies a particular project and the improvements in its approved plans and city file.

Is the performance bond simply for one year?

No. The form uses a project completion date and release conditions. Its at-least-one-year language concerns subsequent warranty security from city acceptance.

What warranty security does the published form describe?

It calls for an acceptable warranty bond covering at least one year from acceptance in an amount not less than 10% of improvement cost, among its performance-release conditions. Confirm the project's current city requirements.

What establishes release?

The published form requires performance, formal acceptance, the stated warranty security and written city release under its terms. Obtain the city's release rather than assuming it from a completion date.

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