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Washington bonds

Olympia, WA — Street Excavation And Obstruction Bond (Continuous) — Renews With Premium Summary

This is the continuous Olympia Street Excavation and Obstruction offering, with Premium Summary renewal documentation recorded in the option name. Match it to the city's standing contractor-security request, not automatically to a particular project's performance bond.

Also known as Olympia, WA Street Excavation and Obstruction Bond (Continuous); Washington Olympia Street Excavation And Obstruction -Continuous Bonds

Term
Continuous

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

What this bond does

Helps an Olympia ROW contractor distinguish continuous excavation/obstruction security from project-specific performance and later maintenance security.

Who needs it
Contractors arranging the standing excavation/obstruction bond requested before Olympia ROW permits.
Who it protects
The city's accepted excavation/obstruction instrument defines the obligation to Olympia. The current form and the continuous provider offering's match remain factual-check-pending.

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.

Separate the standing bond from project security

Olympia's contractor checklist calls for a $10,000 Street Excavation and Obstruction Bond alongside current city and state contractor licensing and separate insurance documentation before ROW permit issuance.

The same checklist separately requires performance-of-work security for the proposed work. Obtaining the standing $10,000 bond does not eliminate that additional project-security review or establish that it covers every project-completion obligation.

Check what continuous means in the issued form

The RLI option on this page is expressly recorded as continuous and named as renewing with Premium Summary documentation. Olympia also has a separately listed fixed-expiration offering with Continuation Certificate wording; those labels should not be treated as interchangeable.

Have the city and provider confirm the currently accepted standing form, principal, effective date and renewal documentation. Continuous does not establish an unlimited bond amount, automatic permit renewal or a cancellation notice period; those terms require the accepted instrument.

Complete city filing before relying on a permit

After confirming the form match, use the existing RLI Purchase Now option with the city's requested details. Submit the executed bond and the separately required license/insurance information through the city's current directions.

Confirm city acceptance and any project security before permit issuance. Keep the standing bond's continuation or cancellation documents separate from each project's inspection and closeout records.

Sources

Have these ready

  1. Obtain Olympia's current standing excavation/obstruction bond form.
  2. Confirm the $10,000 checklist request and whether this continuous offering is accepted.
  3. Check the principal, effective date, continuation documentation and actual cancellation terms.
  4. Address project-specific security separately and obtain city acceptance and permit authorization.

Questions about this bond

Is this the bond based on a project's work estimate?

This offering is labeled continuous Street Excavation and Obstruction. Olympia's checklist separately calls for standing $10,000 security and project performance-of-work security. Have the city distinguish the two requests.

What does Premium Summary establish?

It is the renewal-document description recorded for this RLI offering. Confirm the actual document and city acceptance; the label does not establish a cancellation rule or renew a permit.

Is the fixed-expiration offering the same choice?

No. It is separately labeled fixed expiration with Continuation Certificate wording. Match the city's current form and requested dates before selecting an offering.

Can I work once RLI issues the bond?

Provider issuance is separate from city acceptance, additional project-security review and ROW permit issuance.

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