Road Maintenance Bond - Colchester, CT in Connecticut

Brief Summary

This is the last bond a Colchester road builder posts, and it is the one that lets the Town take the road. Once the road is finished and the petition for acceptance goes to the Board of Selectmen, a maintenance bond holds the developer to fixing hidden construction defects for one year. A surety bond keeps that guarantee in place without tying up cash for the full year.

Under Section 109-11C of the Colchester Code, a developer or owner asking the Town to accept a new road must file an executed agreement and maintenance bond approved by the Board of Selectmen. The bond equals 10 percent of the original bond estimate approved by the Town Engineer, with a $2,500 minimum, and stays in force for one year from the date a Town Meeting accepts the road.

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How to Apply for a Road Maintenance Bond:

• Get the original bond estimate approved by the Town Engineer, since the bond amount is figured from it.
• Calculate 10 percent of that estimate and use $2,500 if the result is lower.
• Complete the bond application with the principal named exactly as on the acceptance petition.
• Pay the premium and receive the executed maintenance bond.
• File the bond and maintenance agreement with the written petition for acceptance to the Board of Selectmen, along with the right of way map and as built plans.

Detailed Information About the Connecticut Road Maintenance Bond:

When this bond comes due

Many builders assume road bonding ends when the pavement is finished. In Colchester it does not. Chapter 109 of the Town Code requires a maintenance bond at the acceptance stage, when the owner of record petitions the Board of Selectmen in writing to take the road over as a town road. The petition must include the right of way map on file with the Town Clerk (or the recorded subdivision map approved by the Zoning and Planning Commission), as built plans of the road, drainage and other improvements, and the executed maintenance agreement and bond.

How the amount is set

The bond is 10 percent of the original bond estimate approved by the Town Engineer, with a minimum of $2,500. A small road with a low estimate still posts at least $2,500.

What it guarantees and how long it runs

The bond guarantees that unforeseen deficiencies in the construction of the road and related improvements will be remedied. It must be approved by the Board of Selectmen and remains in force for one year from the date the road is accepted by a Town Meeting. The clock starts at the Town Meeting vote, not at the date construction ended.

Related permit steps

Work in a Town of Colchester right of way requires a road construction permit from the Board of Selectmen under Section 109-3. The application carries a $100 fee, an inspection fee equal to 3 percent of the cost estimate approved by the Town Engineer is paid to the Town, and the permit is valid for one year. Confirm the current bond form and any wording the Town requires with the Board of Selectmen office before the bond is issued.

Eligibility and Requirements for a Connecticut Road Maintenance Bond:

• Town of Colchester as obligee, with the bond approved by the Board of Selectmen.
• Bond amount of 10 percent of the Town Engineer approved bond estimate, never less than $2,500.
• Term of one year from the date a Town Meeting accepts the road.
• Petition signed by the owner of record.
• Underwriting review of the principal. Premium depends on the bond amount and the credit and experience of the developer or contractor.

Connecticut Road Maintenance Bond FAQs:

Official and Additional Resources for the Connecticut Road Maintenance Bond: