Secure Your Right of Way Bond in Austin, Texas
Effortless compliance and protection: Get your surety bond for construction projects in the City of Austin today!
Your Trusted Partner for Secure, Hassel-Free Surety Bonds
TMD Surety Bonds is your local Texas surety bond agency. Since our establishment in 2011, we have helped thousands of customers with their bond needs. Our clients know they can count on our attentive customer service, surety bond mastery, and price transparency.
What Is a City of Austin Right of Way Bond?
A Right of Way Bond is a type of surety bond that is required by the City of Austin, Texas, for contractors who are engaged in construction, repair, excavation, installation, maintenance, or placement of facilities that may necessitate use of certain public rights-of-way.
Why Is a Right of Way Bond Required in Austin, Texas?
The Right of Way Bond is required in Austin, Texas to protect the city and its residents. It serves as a guarantee that the contractor will comply with all relevant regulations and standards when performing work that affects public rights-of-way. This includes preventing hazardous conditions, repairing any damage caused, and ensuring public safety.
Who Needs a City of Austin Right of Way Bond?
The City of Austin Right of Way Bond is typically required for individuals or entities engaged in activities that may necessitate use of certain public rights-of-way in Austin, Texas. This includes those involved in:
- Construction
- Repair
- Excavation
- Installation
- Maintenance
- Placement of facilities
How to Get a Right of Way Bond in Austin, Texas
Effortlessly secure your Right of Way Bond in three simple steps! Experience the reliability and convenience of our hassle-free surety bond process.
How Much Is a Right of Way Bond in Austin, Texas?
Purchasing an Austin Right of Way bond through TMD Surety Bonds is a cost-effective and valuable choice. TMD Surety Bonds, a specialist in all types of surety bonds, offers Right of Way bonds for the City of Austin at an affordable price of $100.00.
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Austin Right of Way Bond FAQ
This bond is valid for one year from the date it is issued. The bond is not automatically renewed each year. This means that at the end of the one-year period, the bond expires unless proactive steps are taken to renew it. If businesses wish to continue their work and maintain their bond coverage, they must apply for a new bond or renew their existing bond.
Securing your bond is a quick process, taking only a few minutes. After filling out the online application with your details, you can make an immediate purchase.
Bond Requirements: The bond must meet several requirements:
- Issued in the amount of $10,000 on the City of Austin provided form
- Signed by the Principal and Attorney-In-Fact
- Â Lists current coverage dates
- Be the original issuance
- Indicate the company structure
- List an execution date
: The bond must meet several requirements:
- Issued in the amount of $10,000 on the City of Austin provided form
- Signed by the Principal and Attorney-In-Fact
- Lists current coverage dates
- Be the original issuance
- Indicate the company structure
- List an execution date
You can renew your bond by completing your details on our online right of way bond application and submitting the necessary payment.
Absolutely, obtaining a right of way bond with poor credit is not an issue. TMD Surety Bonds does not require a credit check for this specific type of surety bond.
Need an Austin Right of Way Bond? Have Questions?
TMD Surety Bonds is here for your immediate Austin Right of Way Bond needs. We will be more than happy to explain and answer all of your questions.