Surety Bond Encyclopedia

Excavator ($10,000) Bond - Town of Fairfield, CT in Connecticut

Brief Summary

Fairfield ties this $10,000 bond to the street excavation permit issued by the Town Engineer. If you dig in Town streets regularly, one blanket bond kept on file with the Town Engineer covers every permit you pull, so you buy it once instead of bonding each job. You pay an annual premium instead of tying up $10,000 in cash.

Under Section 91-17D of the Fairfield Code, every application for a permit to excavate in a Town street must be accompanied by a $10,000 bond from a surety authorized to do business in Connecticut, conditioned on faithful performance of the excavation rules in Article IV. A blanket bond of the same amount already on file with the Town Engineer satisfies the requirement, and the Town Engineer may raise the amount when needed.

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How to Apply for a Excavator ($10,000) Bond:

  • Decide whether you need a single permit bond or a $10,000 blanket bond to keep on file with the Town Engineer.
  • Have the legal name of the contractor exactly as it will appear on the permit application.
  • Owner name, home address and Social Security number for the surety credit review.
  • Complete the bond application and review the quoted premium.
  • Pay the premium and receive the executed $10,000 bond naming the Town of Fairfield.
  • File the bond with the Town Engineer along with the written permit application, the signed indemnity agreement, the permit fee and the restoration deposit.

Detailed Information About the Connecticut Excavator ($10,000) Bond:

One bond can cover every permit

Most contractors assume Fairfield wants a new bond with each street excavation permit. Section 91-17D says otherwise. The requirement is met if the applicant already has a blanket bond on file with the Town Engineer, issued by a surety company authorized to do business in the state. For a contractor who opens Town streets several times a year, the blanket bond is the practical choice.

Who needs it

Section 91-16 requires a permit from the Town Engineer before anyone makes an excavation in a public street or highway owned or maintained by the Town, lays pipe, drains, sewers or conduit there, or leaves related material or equipment in the street. Every permit application under Article IV carries the bond.

What the bond guarantees

The bond is conditioned on faithful performance of Article IV with respect to how the excavation is made. That includes removing pavement with the least possible damage, compacting backfill so it will not settle, and restoring the area to its prior condition under Section 91-22. If the work is left unrestored, the Town Engineer may finish it and charge the cost to the permittee.

The bond is not the only security

Section 91-17B also requires a cash deposit of not less than $100 toward pavement replacement, with any unused balance returned. Authorized public utility companies are exempt from that deposit. The application must also include a signed agreement to reimburse the Town and hold it harmless from injury or property claims. If the Town Engineer judges your financial responsibility insufficient, Section 91-19 allows a demand for liability insurance of at least $1,000,000 personal injury and $1,000,000 property damage.

Permit term

Permits run 30 days from issuance. When the work needs longer, the Town Engineer may issue a permit for up to 90 days and may extend it for good cause. Emergency excavations essential to public health and safety may start without a permit, with notice to the Town Engineer as soon as practicable and a permit application to follow.

Eligibility and Requirements for a Connecticut Excavator ($10,000) Bond:

  • A surety company authorized to do business in the State of Connecticut.
  • Bond amount of $10,000, unless the Town Engineer increases it.
  • Town of Fairfield named as obligee.
  • Written application on Town forms stating location, purpose, size of the work and start and finish dates.
  • Restoration deposit of not less than $100, waived only for authorized public utility companies.
  • Liability insurance of at least $1,000,000 per category if the Town Engineer requires it.

Connecticut Excavator ($10,000) Bond FAQs:

Do I need a new bond for every excavation permit in Fairfield?

No. Section 91-17D treats the requirement as met if you already have a blanket bond on file with the Town Engineer from a surety authorized in Connecticut.

Is the $10,000 amount fixed?

It is the amount written in Section 91-17D, but the same section lets the Town Engineer increase it from time to time to secure faithful performance. Ask the Town Engineer before you buy if the job is large.

Does the bond replace the cash deposit?

No. The deposit of not less than $100 under Section 91-17B is separate and goes toward pavement replacement. Only authorized public utility companies are exempt from it.

How long is a permit good for?

Thirty days from issuance. The Town Engineer can issue a permit for up to 90 days when the work requires it and can extend a permit for good cause.

How is the premium set?

The surety prices the bond from the owner credit review and the contractor's history. Strong credit usually means a lower annual premium on a bond of this size.

Official and Additional Resources for the Connecticut Excavator ($10,000) Bond:

All Town of Fairfield, CT bonds · All Connecticut surety bonds