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There is no single price tag on this bond. Fort Collins sets the erosion control security for each project from its own erosion and sediment control plan, so the amount comes from your site, not a standard figure. A surety bond lets you post that security without tying up cash while the site is being built out and stabilized.
The City of Fort Collins requires developers and builders who disturb land to post erosion and sediment control security under the Fort Collins Stormwater Criteria Manual, which City Code 26-500 adopts with the force of law. The bond guarantees the City that erosion and sediment controls will be installed, kept up and carried through until the site is stabilized.
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Fort Collins Municipal Code 26-500 adopts the Fort Collins Stormwater Criteria Manual, dated December 2018, as the City's stormwater design criteria with the same force and effect as the Code itself. The manual sets the rules for stormwater quality best management practices on construction sites, including erosion and sediment control plans and the security that backs them. The Utilities Executive Director administers the manual and may approve waivers and variances under it.
The amount is project specific. City Utilities sets it from the erosion and sediment control plan reviewed for the development, so two sites of different size or disturbance will carry different bond amounts. Get the figure from the City's review before ordering the bond, and confirm the current bond form and filing steps with Fort Collins Utilities before the bond is issued.
The bond protects the City if the developer fails to install or maintain the required erosion and sediment controls or leaves disturbed ground unstabilized. If that happens, the City can draw on the security to do the work itself. The bond is released once the site meets the City's stabilization requirements.
Under Code 26-548, the City Manager can issue a written stop work order on permitted work that is out of compliance with the stormwater rules or that may harm the City's storm drainage system or state waters. Failing to obey a stop work order is unlawful. A bond in place and controls on the ground keep the project moving.
Fort Collins Utilities sets it for each project based on the erosion and sediment control plan for the site. There is no flat amount that applies to every development.
After the site is stabilized and the City completes its final inspections. Until then the bond has to stay in force.
The City can require repairs, issue a stop work order under Code 26-548, and use the security to stabilize the site if the developer does not.
The premium depends on the bond amount the City sets and on the applicant's credit and financial history. A quote is based on those factors.
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