Secure Your Fort Worth Street and Storm Drain Bond with TMD
Providing reliable Fort Worth Street and Storm Drains.
$125 Bonds
Why Is a Street and Storm Drain Bond Required in Fort Worth?
Fort Worth Street and Storm Drain Bonds are needed to ensure that contractors who work on the city’s streets and storm drains comply with the city standards and regulations, and that they pay for any damages or fines if they fail to do so. The purpose of the bond is to protect the city and the public from financial losses due to the contractor’s negligence, fraud, or default. The bond also serves as proof of the contractor’s license and registration with the city, as well as their financial responsibility and credibility.
Who Needs a Fort Worth Street and Storm Drain Bond?
The contractors who need this bond are those who want to perform construction on the city’s streets and storm drains, such as installing, repairing, or maintaining sidewalks, curbs, gutters, driveways, culverts, storm sewers, or drainage structures.
What Does a Fort Worth Street and Storm Drain Bond Cover?
 The bond ensures that the contractors will comply with the city’s ordinances, codes, and regulations, and that they will pay any damages, fines, or penalties that may arise from their work.
How to Get a Fort Worth Street and Storm Drain Bond
Effortlessly secure your Fort Worth street and storm drain bond in three simple steps! Experience the reliability and convenience of our streamlined surety bond process tailored to your needs.
How Much Does a Fort Worth Street and Storm Drain Bond Cost?
 The bond amount is $25,000 and the cost of obtaining this bond is $125 for a full year. There are no agency or hidden fees.
What Our Valued Clients Say
Fort Worth Street and Storm Drain Bond FAQ
Some of the key responsibilities of a contractor holding a Street and Storm Drain Bond in Fort Worth are:
- To comply with the city’s ordinances, codes, and regulations regarding the construction, installation, repair, or maintenance of sidewalks, curbs, gutters, driveways, culverts, storm sewers, or drainage structures.
- To pay any damages, fines, or penalties that may arise from their work or from any breach of the bond conditions.
- To maintain the work for an additional two years following the completion of the project.
- To notify the city of any changes in their contact information, business name, or ownership.
- To renew the bond annually as long as they are licensed by the city
A Street and Storm Drain Bond from TMD can be used for multiple projects in Fort Worth, as long as the contractor renews the bond annually and notifies the city of any changes in their contact information, business name, or ownership.. A new bond is not required for each project, unless the contractor’s license is revoked or suspended by the city.. However, the contractor must still comply with the city’s ordinances, codes, and regulations for each project, and pay any damages, fines, or penalties that may arise from their work or from any breach of the bond conditions.
- The surety company will investigate the claim and verify its validity and amount.
- If the claim is valid, the surety company will pay the city up to the bond amount of $25,000.
- The surety company will then seek reimbursement from the contractor for the claim amount and any associated costs.
- The contractor is legally obligated to repay the surety company for the claim amount and any associated costs.
The bond protects the city from any financial loss or liability due to the actions of the contractor working on the city’s streets and storm drains.
No, there are no agency or hidden fees. TMD will always be transparent with the bond premiums.
Need a Fort Worth Street and Storm Drain Bond? Have Questions?
Encourage customers to reach out with any queries or start their bonded title process.