Street Contractor Bond in City of Abilene, Texas

$100

What is a Street Contractor Bond?

The city of Abilene, Texas, requires street contractors to purchase a $1,000 bond before applying for permits. Who is considered a street contractor? Street contractors are contractors who build, repair, or reconstruct any of the following:

  • Streets and alleys
  • Sidewalks
  • Curbs and gutters
  • Driveways and turnouts

Since these jobs are considered to affect the public right-of-way (ROW), permits are obtained through the Public Works Department’s Engineering Division. Why is a bond required, and where can a contractor purchase it?

Why Purchase a Street Contractor’s Bond?

When street contractors carry a bond, it serves as a financial protection for the city. The contractors and their clients benefit, too, since it can cover errors, unintentional damages, and maintenance.

  • Financial protection. The city of Abilene has strict standards for the design of streets and infrastructure. In the event that a contractor’s work does not meet the requirements or if errors or unintentional damage to public property occurs during construction, the bond may be used to cover the expenses of a claim.
  • Peace of mind. Street contractors that purchase the applicable bond also give their customers peace of mind and a sense of security.

Bond Details

$100

Street contractors must purchase a $1,000 bond before obtaining a permit. The bond establishes an agreement between the following three parties:

  • The bondholder or principal: the street contractor
  • The obligee: the city of Abilene’s Department of Public Works, Engineering Division
  • The surety: the surety provider or insurance company that issues the bond
The tabs are working. Please, note, that you have to add a template to the library in order to be able to display it inside the tabs.
Template is not defined.

Bond Purchase Process

1. Find Your Bond

Street Contractor Bond in City of Abilene, Texas

2. Secure Pricing

$100.00

3. Buy Online

Get Started

The bonding process can be confusing and cumbersome. Our surety bond experts are standing by and ready to answer any questions. Let’s get you bonded today!

Frequently Asked Questions

Template is not defined.

Our Customers

Looking to Get Started or Have Questions?

The bonding process can be confusing and cumbersome. Our surety bond experts are standing by and ready to answer any questions. Let’s get you bonded today!