Aspen Right-of-Way Construction and Excavation Bond
What it is & who requires it
Contractors doing construction or excavation work in an Aspen public right-of-way under a right-of-way permit. The bond guarantees that the material, equipment and workmanship will be free from defects and in continuous good order to the satisfaction of the City Engineering Department for two years. Every permittee must also be licensed and insured under Aspen’s contractor chapter — worth knowing, because that license itself carries no bond: Aspen licenses its builders and requires insurance from them, not surety. Two scheduling rules bite in a ski town: no right-of-way permit issues between 1 November and 31 March except in an emergency, and none in the Commercial Core and Main Street Corridor between 1 June and Labor Day weekend.
Obligee: City of Aspen (Engineering Department). Citation: Aspen Municipal Code § 21.12.040 (Fees and bonding); § 21.12.010 (Permit required); § 21.12.060 (Licensing and insurance required); § 21.12.300 (Warranty period); Ord. 2-2019 § 2(Exh. A), 7-22-2019.
Bond amount
Set by the obligee — the exact amount is confirmed automatically when you start your bond in our portal, or call 317-942-0549.
How to get it
This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.
Request a bond quote
Tell us about the bond and the project. A licensed producer follows up — these bonds are individually underwritten, so they are not issued instantly.
Term & renewal
Term: Non-cancelable for two full years from the date the City issues the final inspection log showing the work fully and satisfactorily completed.
Renewal: Per permit. The two-year non-cancelable maintenance period runs from completion, not from issuance.
Filing
Filed with the City with a signed indemnity and hold-harmless agreement approved by the City Attorney and the permit fee. No figure appears here for two independent reasons. The amount is a formula rather than a sum — the total cost of construction including labor and materials, or a published floor, whichever is greater. And the instrument is elective: the applicant may request to substitute the maintenance bond with a letter of credit or a cash-in-lieu payment, subject to the City Engineer’s approval. One practical point in Aspen’s favor: for work in paved areas the permittee may elect, with the City Engineer’s approval, to replace defective paved improvements itself rather than have the bond executed, and the code says plainly that the City will not replace improvements unless the contractor chooses not to. Authority: Aspen Municipal Code § 21.12.040.
Source
This bond requirement is corroborated by multiple public sources; City of Aspen (Engineering Department) sets the exact amount, which we confirm when you start your bond.
Related Colorado bonds
Frequently asked questions
- Who requires the Aspen Right-of-Way Construction and Excavation Bond?
- It’s required by City of Aspen (Engineering Department) (Aspen Municipal Code § 21.12.040 (Fees and bonding); § 21.12.010 (Permit required); § 21.12.060 (Licensing and insurance required); § 21.12.300 (Warranty period); Ord. 2-2019 § 2(Exh. A), 7-22-2019). Contractors doing construction or excavation work in an Aspen public right-of-way under a right-of-way permit. The bond guarantees that the material, equipment and workmanship will be free from defects and in continuous good order to the satisfaction of the City Engineering Department for two years. Every permittee must also be licensed and insured under Aspen’s contractor chapter — worth knowing, because that license itself carries no bond: Aspen licenses its builders and requires insurance from them, not surety. Two scheduling rules bite in a ski town: no right-of-way permit issues between 1 November and 31 March except in an emergency, and none in the Commercial Core and Main Street Corridor between 1 June and Labor Day weekend.
- How much is the Aspen Right-of-Way Construction and Excavation Bond?
- Set by the obligee — the exact amount is confirmed automatically when you start your bond in our portal, or call 317-942-0549.
- How do I get the Aspen Right-of-Way Construction and Excavation Bond?
- This bond is individually underwritten, so it is not issued instantly. Request a quote and a licensed producer follows up to walk you through it.
- What is the term?
- Non-cancelable for two full years from the date the City issues the final inspection log showing the work fully and satisfactorily completed. Renewal: Per permit. The two-year non-cancelable maintenance period runs from completion, not from issuance.
- Is this bond insurance for me?
- No. It protects the obligee and the public — not you. If a valid claim is paid, you repay the surety.
- How is this requirement verified?
- This bond requirement is corroborated by multiple public sources. The obligee sets the exact amount, which we confirm automatically when you start your bond in the portal or with a producer.