Greeley Right-of-Way Contractor License Bond
What it is & who requires it
Contractors applying for a City of Greeley contractor’s license to perform work in the public right-of-way — the security is a condition of the license itself, not of an individual permit. Whichever form you choose, it must warrant the work performed under the license for two years after any permit issues under it, and it does not relieve you of the continuing duty to maintain paved surfaces.
Obligee: City of Greeley (Director of Finance). Citation: Greeley Municipal Code § 18-67 (Financial security); § 18-65 (maintenance of paved surfaces); § 18-68 (Duration and limits of permits); Code 1994 § 13.08.070; Ord. No. 21, 1991 § 4(part), 6-4-1991.
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: Coincides with the license and is released on final acceptance of the work, which cannot extend more than two years past the initial filing date of the permit.
Renewal: With the license.
Filing
Provided to the City in an amount and form acceptable to the director of finance. Greeley is the clearest case in Colorado of a city treating the surety bond as the alternative rather than the requirement, which is why no figure appears here. The ordinance lists what it will take, and the bond is not first: a cash deposit with the city; a guarantee from a lender based on a cash deposit; an irrevocable letter of credit from a state financial institution; or a certificate of deposit cosigned by the city — any of these may be provided for individual permits. Only then does the code add that, in lieu of the above for individual permits, a performance bond may be provided at a stated figure to coincide with the license. That figure is the blanket-election amount for one particular route, not the price of the requirement, so it is confirmed at issuance rather than published. Authority: Greeley Municipal Code § 18-67.
Source
This bond requirement is corroborated by multiple public sources; City of Greeley (Director of Finance) sets the exact amount, which we confirm when you start your bond.
Related Colorado bonds
Frequently asked questions
- Who requires the Greeley Right-of-Way Contractor License Bond?
- It’s required by City of Greeley (Director of Finance) (Greeley Municipal Code § 18-67 (Financial security); § 18-65 (maintenance of paved surfaces); § 18-68 (Duration and limits of permits); Code 1994 § 13.08.070; Ord. No. 21, 1991 § 4(part), 6-4-1991). Contractors applying for a City of Greeley contractor’s license to perform work in the public right-of-way — the security is a condition of the license itself, not of an individual permit. Whichever form you choose, it must warrant the work performed under the license for two years after any permit issues under it, and it does not relieve you of the continuing duty to maintain paved surfaces.
- How much is the Greeley Right-of-Way Contractor License 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 Greeley Right-of-Way Contractor License 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?
- Coincides with the license and is released on final acceptance of the work, which cannot extend more than two years past the initial filing date of the permit. Renewal: With the license.
- 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.
