Surety Bond Encyclopedia

KCS Facilities Rail Controlled & Private ($10,000) Bond - Kansas City Southern Railway in Missouri

Brief Summary

When The Kansas City Southern Railway Company asks for its $10,000 KCS Facilities Rail Controlled & Private bond, it usually stands between you and a signed agreement. We write this exact bond, quote it quickly, and deliver an executed bond in the name the railroad has on file, so your paperwork is not the item holding up access.

The KCS Facilities Rail Controlled & Private bond is a $10,000 surety bond that names The Kansas City Southern Railway Company as obligee. It is posted by the business the railroad requires it from, and it guarantees KCS that the business will meet its obligations to the railroad. KCS is now part of the Canadian Pacific Kansas City (CPKC) network, and the kcsouthern.com website forwards to cpkcr.com.

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How to Apply for a KCS Facilities Rail Controlled & Private ($10,000) Bond:

  • Legal business name exactly as it appears on your agreement or correspondence with KCS.
  • Owner name, home address and Social Security number for the credit review.
  • Any bond form or bond wording KCS provided to you.
  • Complete the bond application and review the quoted premium.
  • Pay the premium and receive the executed $10,000 bond naming The Kansas City Southern Railway Company as obligee.
  • Deliver the executed bond to the KCS or CPKC contact handling your agreement.

Detailed Information About the Missouri KCS Facilities Rail Controlled & Private ($10,000) Bond:

KCS now sits inside CPKC

Anyone looking for this bond on kcsouthern.com will not find the old KCS site. The Kansas City Southern website now forwards to cpkcr.com, the site of Canadian Pacific Kansas City. CPKC's Public Works and Utilities page is where the railroad now publishes its rules for utility crossings and for entering its property in the United States. For the United States it links a Utility Crossing or Right of Entry application for anyone who needs a new utility crossing or access to railroad property.

What the bond guarantees

This is a $10,000 surety bond with The Kansas City Southern Railway Company as obligee. The business that posts it is the principal, and the surety stands behind that business. If the principal fails to meet the obligations the railroad requires the bond to secure, KCS can claim against the bond. The surety pays a valid claim up to $10,000 and the principal repays the surety. The bond protects the railroad, not the business that buys it.

The name on the listing, Rail Controlled & Private, is the scope KCS assigned to this version of its facilities bond. Keep that full title on your paperwork so the bond matches what the railroad asked for.

Access rules that apply alongside the bond

CPKC requires every entity that enters its right of way to get CPKC approval, sign an access agreement, follow the CPKC Minimum Safety Requirements for Contractors, and coordinate on track protection when CPKC decides it is needed. The applicant pays CPKC's costs, including protection services. For new utility crossings, CPKC asks for applications at least 9 months ahead of the planned installation. The bond does not replace any of these steps.

Before the bond is issued

Confirm with the railroad contact on your agreement, or through CPKC at 1-888-333-6370, that the obligee name, bond amount and form wording match what KCS expects. If KCS supplied its own bond form, send it with your bond application so the bond is issued on that form.

How premium is set

The surety sets the premium from the owner's personal credit, the company's financial strength and time in business, and the $10,000 bond amount.

Eligibility and Requirements for a Missouri KCS Facilities Rail Controlled & Private ($10,000) Bond:

  • Obligee: The Kansas City Southern Railway Company.
  • Bond amount of $10,000.
  • Bond title that matches the listing: KCS Facilities Rail Controlled & Private.
  • A signed CPKC access agreement and compliance with the CPKC Minimum Safety Requirements for Contractors when entering railroad right of way.
  • Owner credit review by the surety.

Missouri KCS Facilities Rail Controlled & Private ($10,000) Bond FAQs:

Who is the obligee on this bond?

The Kansas City Southern Railway Company. KCS operates as part of the Canadian Pacific Kansas City network, and its old website now forwards to cpkcr.com.

How much is the bond?

$10,000. That is the penal sum KCS can claim against if the principal does not meet the obligations the bond secures.

Does the bond replace the railroad's access agreement or safety rules?

No. CPKC requires approval, an access agreement, compliance with its Minimum Safety Requirements for Contractors and on track protection where it decides it is needed. The bond is a separate financial guarantee.

Where do I send the bond once it is issued?

To the KCS or CPKC contact who asked for it on your agreement. Confirm the delivery address and any required form wording with that contact before the bond is issued.

Official and Additional Resources for the Missouri KCS Facilities Rail Controlled & Private ($10,000) Bond:

Other Kansas City Southern Railway Surety Bonds in Missouri

KCS Facilities Private Only ($10,000)KCS Facilities Rail Controlled ($10,000)

All Kansas City Southern Railway bonds · All Missouri surety bonds