Surety Bond Encyclopedia

Water Service Contractor ($5,000) Bond - Denver, CO in Colorado

Brief Summary

If your crew installs or repairs water service lines that tie into the Denver Water system, this $5,000 bond is part of being cleared to do that work. You pay a yearly premium instead of tying up $5,000 in cash, and the bond is usually ready to file the same day you apply.

The Denver Water Service Contractor bond is a $5,000 license and permit bond posted by contractors who install, connect or repair water service lines on the Denver Water system. It backs the contractor's promise to follow Denver Water's Engineering Standards and Operating Rules and to pay for losses caused by work that does not meet them.

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How to Apply for a Water Service Contractor ($5,000) Bond:

  • Hold the plumbing license the authority having jurisdiction requires for service line work in the public right-of-way.
  • Have the legal business name exactly as it will appear on your Denver Water paperwork.
  • Owner name, home address and Social Security number for the credit review.
  • Complete the bond application and review the quoted premium.
  • Pay the premium and receive the executed $5,000 bond.
  • File the original bond with Denver Water and confirm the filing before starting work.

Detailed Information About the Colorado Water Service Contractor ($5,000) Bond:

Who posts this bond

Denver Water, run by the Board of Water Commissioners of the City and County of Denver, sets the rules for anything that connects to its pipes. Its Engineering Standards say contractors must be competent, licensed firms with adequate manpower and equipment, and Section 3.17 requires the contractor installing a service line to be a plumber licensed by the authority having jurisdiction to work in the public right-of-way. A current plumbing license is required to install service lines inside Denver, Total Service and Read and Bill Contract Areas.

The $5,000 Water Service Contractor bond sits on top of that licensing. It is the financial guarantee that the contractor will follow the standards and rules that govern service line work and will make good on damage or defective work.

What it does not cover

This bond is separate from the bonding and prequalification Denver Water requires of contractors who build water main extensions inside Denver or Total Service Contract Areas. Main work carries its own qualification, bonding and one year guarantee requirements under Section 2.10 of the Engineering Standards. A service line bond does not satisfy those.

Taps

Under the Engineering Standards, Denver Water or an authorized Master Meter Distributor makes domestic taps 2 inches and smaller. Contractors may install domestic service taps 3 inches and larger. Knowing which side of that line your job falls on tells you what work you are actually being bonded for.

Before you file

Confirm the current bond form, the exact obligee name and the filing steps with Denver Water before the bond is issued. Premium is set by the surety after a review of the owner's personal credit and business history, and at this bond size most applicants are approved quickly.

Eligibility and Requirements for a Colorado Water Service Contractor ($5,000) Bond:

  • Bond amount of $5,000.
  • Denver Water named as obligee, on the form Denver Water accepts.
  • Work performed to the current edition of the Denver Water Engineering Standards.
  • Compliance with the Operating Rules of the Board of Water Commissioners.
  • Owner credit review, which sets the rate.

Colorado Water Service Contractor ($5,000) Bond FAQs:

Does my plumbing license replace this bond?

No. The Engineering Standards require a plumbing license to install service lines in Denver, Total Service and Read and Bill Contract Areas. The bond is a separate financial guarantee posted in addition to the license.

Does this bond cover water main extensions?

No. Contractors building main extensions inside Denver or Total Service Contract Areas must be prequalified and meet separate bonding and guarantee requirements under Section 2.10 of the Engineering Standards.

Can I make my own taps?

Denver Water or an authorized Master Meter Distributor makes domestic taps 2 inches and smaller. Contractors may install domestic service taps 3 inches and larger, per the Engineering Standards.

How is the premium set?

The surety prices the bond after reviewing the owner's personal credit and business history. Apply to see the exact quote for your file.

Official and Additional Resources for the Colorado Water Service Contractor ($5,000) Bond:

Other Denver, CO Surety Bonds in Colorado

Excavation PermitGeneral Contractor License ($50,000)Merchant Guard Company ($5,000)Parking Lot License ($1,000)Special Contractor ($10,000)Structural Contractor ($25,000)

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