Surety Bond Encyclopedia

Right of Way Permit Bond - Town of Grand Lake, CO in Colorado

Brief Summary

Grand Lake sizes this bond to your job, not to a flat number. The Town wants a two-year bond equal to 115% of what it would cost to put the right of way back the way you found it. Price the restoration honestly, get the bond in hand before you apply, and the permit can issue a week out from your start date.

Anyone digging or building in a Town of Grand Lake street or right of way needs a Right of Way Permit from the Town, and the application asks for a copy of a two-year bond equal to 115% of the estimated cost to restore the right of way to its original condition. The Town of Grand Lake is the obligee. The permit must be pulled at least seven days before work starts and is good for four weeks.

We can help with all Colorado bonds!

How to Apply for a Right of Way Permit Bond:

  • Get a utility locate scheduled or completed for the work area.
  • Prepare a cost estimate for restoring the right of way to its original condition.
  • Order a two-year bond for 115% of that estimate, naming the Town of Grand Lake as obligee.
  • Get a certificate of general liability insurance for at least $1,000,000 naming the Town as additional insured.
  • Submit the application with the bond copy, insurance, construction plans, work schedule and $100 fee at least seven days before work starts.
  • Finish within the four-week permit window and restore the right of way to Town specifications.

Detailed Information About the Colorado Right of Way Permit Bond:

How much the bond is

There is no fixed bond amount in Grand Lake. The Town's Right of Way Permit application asks for a copy of a two-year bond in an amount equal to 115% of the cost estimate for repairing the right of way area to its original condition. The application also asks you to state that estimated repair cost, including right of way restoration, so the bond amount and the number on your application need to match.

The Town of Grand Lake is the obligee. If the work is not restored to Town specifications or does not meet the Municipal Code, the application warns that the posted collateral can be forfeited.

Who needs the permit

The Town's street standards in Municipal Code Chapter 11, Article 2 apply to all new construction or other work done on, over or under any Town street or Town street right of way. Any person, business, corporation or government agency doing construction or excavation in the Town right of way must get a Right of Way Permit. Typical jobs include utility service connections, water taps, driveway work and sidewalk work.

Right of way and grading permits are handled by the Town itself. Building permits and building inspections go through the Grand County Building Department, so a county building permit does not cover work in a Town street.

Timing and other paperwork

The permit must be obtained at least seven days before construction starts unless the Town decides there is a genuine emergency. Once issued, it is valid for four weeks. Along with the bond, the application asks for general liability insurance of at least $1,000,000 naming the Town of Grand Lake as additional insured, a utility locate, construction plans and a written work schedule. The Town's fee schedule updated April 14, 2025 lists the Right-of-Way Permit Application at $100 per request.

What the bond costs

You pay a premium, not the bond amount. The surety sets the premium from the bond amount and the applicant's credit and business history. Because Grand Lake ties the bond to your restoration estimate, a small service cut and a full street crossing will price very differently. Confirm the current form and filing steps with the Town before the bond is issued.

Eligibility and Requirements for a Colorado Right of Way Permit Bond:

  • Bond amount equal to 115% of the estimated right of way restoration cost.
  • Bond term of two years.
  • Town of Grand Lake named as obligee.
  • Applicant name on the bond matching the permit application.
  • Compliance with Municipal Code Chapter 11, Article 2 street standards.

Colorado Right of Way Permit Bond FAQs:

How do I figure out my bond amount?

Take your estimate for repairing the right of way to its original condition, including pavement and surface restoration, and multiply by 1.15. That is the bond amount the Town's application asks for. Use the same estimate you put on the permit application.

How long does the bond have to stay in force?

The application calls for a two-year bond. The permit itself only runs four weeks, so the bond keeps covering your restoration well after the work is done.

Can I file this through Grand County with my building permit?

No. Right of way and grading permits are issued by the Town of Grand Lake. Grand County handles building permits and building inspections for the Town, but not work in Town streets.

What happens if my patch fails?

The Town's application says that failing to restore the right of way to Town specifications or meet the Municipal Code can lead to forfeiture of the posted collateral. The Town can then make a claim on the bond to pay for the repair.

Official and Additional Resources for the Colorado Right of Way Permit Bond:

Right of Way Permit in Other Colorado Locations

City of Brighton, COCity of Cherry Hills Village, COCity of Greeley, COCity of Littleton, COEl Paso County, COGrand County, COLa Plata County, COTown of Winter Park, CO

All Colorado Right of Way bonds · All Town of Grand Lake, CO bonds · All Colorado surety bonds