Surety Bond Encyclopedia

Corporation Cutting ($10,000) Bond - City of Little Rock, AR in Arkansas

Brief Summary

In Little Rock, a $10,000 corporate surety bond on file with the city lets a permit for minor maintenance work in the street be issued without further review. For utilities and contractors who cut streets and alleys often, that turns each small repair into a quick permit instead of a fresh bond review.

Little Rock requires a written permit before anyone makes an excavation or cut in a street or alley right-of-way. Under City Code Sec. 30-244, the city manager sets the surety bond amount unless the applicant's franchise agreement sets it, and a permit for minor maintenance work may be issued without further review to an applicant with a $10,000 corporate surety bond on file. The bond secures completion of the work and compliance with Chapter 30, Article V.

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How to Apply for a Corporation Cutting ($10,000) Bond:

  • Determine whether your work is minor maintenance, meaning 400 continuous linear feet or less of paved right-of-way.
  • Check whether your franchise agreement already sets a bond requirement.
  • Obtain the $10,000 corporate surety bond and place it on file with the City of Little Rock.
  • Apply for a written excavation or cut permit before starting work.
  • Pay the per foot permit fee and the restoration inspection fee.
  • Get a traffic control (barricade) permit from Traffic Engineering when the work affects the roadway.

Detailed Information About the Arkansas Corporation Cutting ($10,000) Bond:

What the $10,000 bond does

Little Rock City Code Sec. 30-244 says that if a permit application is only for minor maintenance work, the permit may be issued without further review to an applicant who has a ten thousand dollar ($10,000.00) corporate surety bond on file. Minor maintenance work is defined in Sec. 30-241 as work involving 400 continuous linear feet or less of the paved portion of the public right-of-way.

For work beyond that, the bond amount works differently. If the applicant's franchise agreement requires a bond, that agreement controls. If it does not, the city manager determines the amount.

Who must get a permit

Sec. 30-243 makes it unlawful to make or cause any excavation or cut in a street or alley right-of-way without first obtaining a written permit. An applicant is any person, firm, corporation, partnership or association seeking a permit. The one exception is an emergency where destruction of life or property is imminent, and the city manager must be notified by the next business day.

How long the bond stays in force

The surety bond secures completion of the project and fulfillment of all requirements of Article V and the procedures adopted under it. It must remain in place at least for the time needed to complete the work, and the city manager may require it for an additional period.

Fees

Under Sec. 30-246, permit fees for boring, excavation or a cut are $2.00 per foot for the first 50 feet and $1.00 per foot for each additional foot. Inspection fees are $25.00 for the first 300 feet of restoration, or fraction of it, and $15.00 for each additional 300 feet. For boring that does not break the surface, the maximum inspection fee is $25.00.

Where permits are handled

The Public Works Department's Civil Engineering Division states that work within the public right-of-way, including utility and street work, is permitted through Traffic Engineering. Traffic Engineering also issues traffic control permits, commonly called barricade permits, for contractors working on the roadway or in the right-of-way. Confirm the current bond form and filing steps with the City of Little Rock before the bond is issued.

Eligibility and Requirements for a Arkansas Corporation Cutting ($10,000) Bond:

  • Written permit for any excavation or cut in a street or alley right-of-way under Sec. 30-243.
  • Corporate surety bond of $10,000 on file for minor maintenance permits under Sec. 30-244.
  • Bond amount set by franchise agreement or by the city manager for other work.
  • Bond kept in force at least until the work is complete, and longer if the city manager requires.
  • Emergency work allowed without a permit only when life or property is in imminent danger, with notice by the next business day.

Arkansas Corporation Cutting ($10,000) Bond FAQs:

What is a corporation cutting bond in Little Rock?

It is the corporate surety bond an applicant keeps on file with the City of Little Rock for excavations and cuts in street and alley rights-of-way. Under City Code Sec. 30-244, having a $10,000 corporate surety bond on file lets a minor maintenance permit be issued without further review.

What counts as minor maintenance work?

Sec. 30-241 defines it as work involving 400 continuous linear feet or less of the paved portion of the public right-of-way. Larger jobs are bonded in the amount set by your franchise agreement or by the city manager.

Who has to post a bond?

Any person, firm, corporation, partnership or association that applies for a permit to excavate or cut a street or alley right-of-way. When an applicant's franchise agreement sets a bond requirement, that agreement controls.

How long does the bond need to stay in force?

At least as long as it takes to complete the work. Sec. 30-244 also lets the city manager require it for an additional period.

What are the permit and inspection fees?

Sec. 30-246 sets permit fees at $2.00 per foot for the first 50 feet and $1.00 per foot after that. Inspection fees are $25.00 for the first 300 feet of restoration and $15.00 for each additional 300 feet, with a $25.00 maximum for boring that does not break the surface.

Official and Additional Resources for the Arkansas Corporation Cutting ($10,000) Bond:

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