Surety Bond Encyclopedia

Excavation Permit Bond - Denver, CO in Colorado

Brief Summary

Denver will not release an excavation permit in the public right of way until the security it requires is on file. Ordering the bond as soon as Denver confirms the amount keeps the permit, and your crew, on schedule.

The Excavation Permit bond is posted by a contractor digging in Denver's public right of way, with the City and County of Denver as obligee. Excavation permits in streets, alleys and sidewalks are handled by the Denver Department of Transportation and Infrastructure. Confirm the current bond amount, form and filing steps with DOTI before the bond is issued.

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How to Apply for a Excavation Permit Bond:

  • Confirm the bond amount and any required bond form with Denver DOTI.
  • Have the contractor's legal name exactly as it appears on the Denver permit or license application.
  • Provide owner information for the surety's credit review.
  • Pay the premium and receive the executed bond naming the City and County of Denver as obligee.
  • File the bond with the city before excavation begins.

Detailed Information About the Colorado Excavation Permit Bond:

Who posts it

The contractor that will excavate in Denver's public right of way posts this bond, naming the City and County of Denver as obligee. Right of way permits, including excavation in streets, alleys and sidewalks, run through the Denver Department of Transportation and Infrastructure, known as DOTI. Contractors performing this work in Denver should also expect a separate city right of way contractor license, which carries its own requirements.

What the bond guarantees

An excavation permit bond guarantees the city that the contractor will do the work the way the permit and city rules require. That covers safe trenching and backfill, restoring pavement, curb, gutter and sidewalk to the city's standards, and fixing any failed patch or settlement during the warranty period. If the contractor walks away or the repair fails, the city can claim against the bond to cover the cost of finishing or correcting the work, up to the bond amount. The contractor then repays the surety.

Getting the amount right

Denver sets the bond amount and form. Before ordering, get the figure and any required form from DOTI so the bond is issued correctly the first time. The executed bond is then filed with the city as part of the permit or license file.

Premium

The surety sets the premium after reviewing the bond amount, the contractor's credit and its construction history. You see the quote before purchase.

Eligibility and Requirements for a Colorado Excavation Permit Bond:

  • City and County of Denver named as obligee.
  • Bond amount as set by Denver for the permit or license.
  • Contractor name on the bond matching the city application exactly.
  • Bond kept in force for the period the city requires.

Colorado Excavation Permit Bond FAQs:

How much is the Denver excavation permit bond?

Denver sets the amount. Get the current figure and form from the Department of Transportation and Infrastructure before you order the bond.

Who is the obligee?

The City and County of Denver.

What does the bond pay for?

The city's cost to complete or correct excavation and surface restoration work the contractor fails to perform under the permit, up to the bond amount.

Is this the same as a Denver contractor license?

No. A contractor license and a permit for a specific job are separate. Ask DOTI which bonds apply to your work.

Official and Additional Resources for the Colorado Excavation Permit Bond:

Other Denver, CO Surety Bonds in Colorado

General Contractor License ($50,000)Merchant Guard Company ($5,000)Parking Lot License ($1,000)Special Contractor ($10,000)Structural Contractor ($25,000)Water Service Contractor ($5,000)

All Colorado Excavation bonds · All Denver, CO bonds · All Colorado surety bonds