Right of Way Public Construction Bond - City of Hollywood, FL in Florida

Brief Summary

Work in a City of Hollywood street, sidewalk or swale usually cannot start until the city holds security for putting the public right of way back the way it was. This bond is that security. The contractor pays a premium instead of leaving cash with the city, and the city gets a surety standing behind the restoration.

The City of Hollywood, Florida is the obligee on this right of way public construction bond. It is posted by the contractor or permittee performing work in the city's public right of way and guarantees that the work is done to city standards and that pavement, sidewalks, curbs, drainage and other public improvements disturbed by the job are restored. The bond amount is set by the city for the permit. Confirm the amount, the bond form and the filing steps with the city's Engineering division before the bond is issued.

We can help with all Florida bonds!

How to Apply for a Right of Way Public Construction Bond:

• Apply for the right of way permit with the City of Hollywood and obtain the required bond amount.
• Ask whether the city requires its own bond form and who may serve as principal.
• Provide the contractor's legal name, license information and permit details to the surety.
• Complete the surety application with company and owner information for underwriting.
• Pay the premium and receive the executed bond naming the City of Hollywood, Florida as obligee.
• Deliver the original bond as the city directs and confirm it is recorded before work begins.

Detailed Information About the Florida Right of Way Public Construction Bond:

Wait for the city's number before ordering the bond

The most common mistake on right of way bonds is guessing the amount. Cities generally size these bonds to the scope of the work shown on the permit, so a driveway apron and a utility trench across a road will carry very different figures. Get the required amount from the City of Hollywood during permit review and order the bond for exactly that sum.

Who posts it

The bond is posted by the party pulling the right of way permit, normally the licensed contractor performing the work. Ask the city whether a property owner may post the bond directly or whether it must come from the permitted contractor, since some Florida cities accept surety bonds only from the qualifying contractor.

What the bond guarantees

The City of Hollywood is the obligee. The bond guarantees that the principal completes the permitted work in the public right of way in line with the permit conditions and city standards, and restores any public improvements the work disturbs. If the contractor fails to do so, the city can claim against the bond to pay for the repair, up to the bond amount. The surety then recovers that cost from the contractor.

Form and filing

Many cities require their own bond form and an original signed bond with power of attorney attached. Ask the city whether a prescribed form applies, how long the bond must remain in force after the work is accepted, and where the original should be delivered.

Eligibility and Requirements for a Florida Right of Way Public Construction Bond:

• City of Hollywood, Florida named as obligee.
• Bond amount set by the city for the permitted work.
• Principal name matching the permit holder exactly.
• Original signed bond with the surety's power of attorney attached.
• Bond kept in force until the city accepts the restored right of way.

Florida Right of Way Public Construction Bond FAQs:

Official and Additional Resources for the Florida Right of Way Public Construction Bond: