General Contractor License ($50,000) Bond - Denver, CO in Colorado

Brief Summary

This $50,000 bond belongs to Denver's right-of-way licensing, not to the building contractor license most people picture. If your crews cut into streets, alleys, sidewalks or other public property in Denver under the ROW General license, this is the bond the city wants on file, and it lets you cover sewer, sidewalk, structural, paving, excavation and special work under one license.

Denver requires a $50,000 license bond, payable to the City and County of Denver, from contractors holding the ROW General right-of-way license. The city's bond form is titled a License Bond pursuant to Section 339-D of the Revised Municipal Code (General Contractor). It guarantees the contractor will follow the city's ordinances and the Rules and Regulations of the Department of Public Works, and it reimburses the city for costs of making good a default.

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How to Apply for a General Contractor License ($50,000) Bond:

• Confirm you are applying for the ROW General right-of-way license, not a building contractor license or supervisor certificate.
• Have the legal business name exactly as it will appear on the Denver license application.
• Owner or principal details for the surety's underwriting review.
• Complete the bond application and review the quoted premium.
• Have the surety execute the bond on Denver's current ROW General bond form, with the City and County of Denver as obligee.
• Submit the original signed bond to Denver Contractor Licensing with the license application. Copies are not accepted.

Detailed Information About the Colorado General Contractor License ($50,000) Bond:

Which license this bond goes with

Denver runs two separate contractor tracks. Building contractor licenses and supervisor certificates, such as the Class A, B and C construction certificates, cover work on buildings and structures on private property. Right-of-way licenses cover work in streets, alleys and other public property of the City, and the city's own application page says ROW and sewer licenses follow a separate process. This $50,000 bond is tied to the right-of-way side.

The ROW General license is the broadest right-of-way license Denver issues. According to the city's Right-of-Way Licenses page, it covers work relating to sewer layer, sewer contractor, sidewalk contractor, structural contractor, paving contractor, excavator contractor and special contractor work in the right-of-way or other public property of the City. Applicants need five years of verifiable experience in each respective trade, no test is required, and the contractor must keep a State of Colorado Licensed Master Plumber or a Denver certified Drain Layer Supervisor in its employ at all times.

What the bond guarantees

The city's bond form names the City and County of Denver as obligee in the penal sum of $50,000 and cites Section 339-D of the Revised Municipal Code. The contractor promises to faithfully observe each ordinance relating to the licensed work and the Rules and Regulations of the Department of Public Works. The surety must indemnify and save the city harmless from damages, claims and expenses, and reimburse the city for any costs it incurs making good a default.

How long it stays in force

The form has no fixed end date. It runs until the surety cancels it by written notice sent by certified mail to the Manager of Public Works, and it terminates 30 days after that notice is received. A cancellation notice from your surety means the license is about to lose its bond, so replace it before the 30 days run out.

Before you buy

Denver's right-of-way application instructions say all bonds must be submitted in original form and that copies are not accepted. The same instructions ask for a certificate of liability insurance naming the City and County of Denver as additional insured. Confirm the current bond form and filing steps with Denver Contractor Licensing before the bond is issued.

Eligibility and Requirements for a Colorado General Contractor License ($50,000) Bond:

• Bond amount of $50,000.
• City and County of Denver named as obligee.
• Five years of verifiable experience in each trade the ROW General license covers.
• A State of Colorado Licensed Master Plumber or Denver certified Drain Layer Supervisor employed at all times.
• Certificate of liability insurance listing the City and County of Denver as additional insured.
• Premium set by the surety after reviewing the applicant's credit and business background.

Colorado General Contractor License ($50,000) Bond FAQs:

Official and Additional Resources for the Colorado General Contractor License ($50,000) Bond: