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If your crew is cutting into a City of Fort Myers street, sidewalk, curb or swale, the city wants a guarantee that the public right of way will be put back the way it was found. This bond is that guarantee, and it lets the permit issue without you handing the city a cash deposit.
The Fort Myers Right of Way Permit bond is posted by a contractor, utility installer or property owner who needs a City of Fort Myers permit to work in public right of way. It names the City of Fort Myers as obligee and guarantees the work will follow city right of way standards and that damaged pavement, sidewalks, curbs or drainage will be restored. The city sets the bond amount and form, so confirm both with the city before the bond is issued.
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The most common mistake on Fort Myers jobs is filing with the wrong government. The City of Fort Myers, the Town of Fort Myers Beach and Lee County each permit work in their own rights of way, and many addresses with a Fort Myers mailing address sit in unincorporated Lee County. State highways are permitted separately again. This bond is for work in right of way controlled by the City of Fort Myers. Confirm jurisdiction from the parcel and road ownership before you apply, because a bond naming the wrong obligee will not be accepted.
A right of way permit bond is a promise to the City of Fort Myers that the permit holder will perform the work under the permit conditions and the city's right of way standards, and will repair or restore any public improvements the work disturbs. That usually means pavement cuts, sidewalk and curb replacement, driveway aprons, drainage swales and traffic control. If the permit holder walks away or leaves the right of way in poor condition, the city can make a claim on the bond to pay for the repairs, up to the bond amount. The permit holder then owes the surety whatever it paid out.
The City of Fort Myers sets the bond amount and decides whether a single job bond or an ongoing bond covering multiple permits fits your work. Some contractors who pull frequent permits carry a continuing bond, while one time projects are often bonded per permit. Ask the city which applies, what amount it requires and whether it uses its own bond form before the surety issues the bond.
The premium is a fraction of the bond amount, set by the surety after reviewing the applicant's credit, financial strength and experience with right of way work. Larger amounts or weaker credit lead to more underwriting questions. Apply for an exact quote once you know the amount the city requires.
Not always. Much of the Fort Myers mailing area is unincorporated Lee County, and the Town of Fort Myers Beach is a separate government. Check who owns the road before you apply, because the bond must name the government that issues the permit.
The City of Fort Myers sets the amount for each permit or permit program. Ask the city for the figure that applies to your work before the bond is written.
Costs to finish or correct right of way work the permit holder did not complete properly, such as restoring pavement, sidewalks, curbs or drainage. The surety pays up to the bond amount and then recovers that money from the permit holder.
That depends on the city. Some contractors carry a continuing bond for repeat permits while others bond each job. Confirm with the city which approach it accepts for your work.
The surety looks at the bond amount, your credit and financial history, and your track record with this kind of work. Apply to get a firm quote.
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