Surety Bond Encyclopedia

Excavator License ($5,000) Bond - City of Torrington, CT in Connecticut

Brief Summary

Torrington only accepts this bond on its own Licensed Excavator Bond form, so the fastest path is to hand the city's form to your surety at the start. The $5,000 bond is an annual premium, not a deposit, and once it and your insurance certificate are filed you can pull right of way permits.

The City of Torrington requires contractors who excavate in the city street right of way to post a $5,000 performance bond on the city's Licensed Excavator Bond form. The Engineering Department also requires a certificate of liability insurance naming the City of Torrington as certificate holder. Right of way work is permitted online through the city's OpenGov portal.

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How to Apply for a Excavator License ($5,000) Bond:

  • Download the Licensed Excavator Bond form and the sample insurance certificate from the Torrington Engineering Department forms page.
  • Have the contractor's legal name exactly as it will appear on the permit application.
  • Complete the bond application and send the city's form to the surety.
  • Pay the premium and receive the executed $5,000 bond on the city's form.
  • Have your insurance agent issue a COI with the required Description of Operations wording and the City of Torrington as certificate holder.
  • Apply for the Right-of-Way Permit through the city's OpenGov portal.

Detailed Information About the Connecticut Excavator License ($5,000) Bond:

Use the city's form

Torrington's Engineering Department states that its Licensed Excavator Bond form is the form that must be used for this bond. A generic surety form will not do. Download the city's form from the Engineering Department's forms page and give it to your surety so the bond is issued on it.

Who has to post it

Any contractor doing work within a Torrington street right of way, including excavation and driveways, goes through the city's Right-of-Way Permit. The city treats the $5,000 Licensed Excavator Bond as a performance bond for contractors doing that work, with the City of Torrington as obligee.

The second document people forget

The bond alone is not enough. The city also requires a Certificate of Liability Insurance. The required wording must appear in the Description of Operations box, and the City of Torrington must be listed as Certificate Holder. Use the city's sample certificate so your agent copies the language exactly.

What the bond guarantees

The bond backs the contractor's promise to perform right of way work properly and restore the street. If the contractor fails to do so, the city can claim against the bond, and the contractor repays the surety for any valid claim. Confirm current filing steps with the Torrington Engineering Department before the bond is issued.

Eligibility and Requirements for a Connecticut Excavator License ($5,000) Bond:

  • $5,000 performance bond with the City of Torrington as obligee.
  • Bond issued on the city's Licensed Excavator Bond form.
  • Certificate of liability insurance listing the City of Torrington as Certificate Holder.
  • Separate Driveway and Utility right of way permits where they apply.
  • Owner credit review. Credit mainly affects the premium rate at this bond size.

Connecticut Excavator License ($5,000) Bond FAQs:

Can my surety use its standard bond form?

No. Torrington's Engineering Department says its Licensed Excavator Bond form must be used for this bond.

Is the bond all I need to get a permit?

No. The city also requires a certificate of liability insurance with its required Description of Operations wording and the City of Torrington as Certificate Holder, and the work itself needs a Right-of-Way Permit.

What decides my premium?

The surety looks at the owner's personal credit and the company's history. At $5,000 the premium is a small fraction of the bond amount for most contractors.

Official and Additional Resources for the Connecticut Excavator License ($5,000) Bond:

All City of Torrington, CT bonds · All Connecticut surety bonds