Greenwood Village Right-of-Way Excavation Bond
What it is & who requires it
Contractors doing excavation work or street cuts in the Greenwood Village right-of-way. The section is specific about the trigger — excavation work or street cuts, not every right-of-way activity — and the security is conditioned on full compliance with the City’s ordinances, resolutions and regulations and on payment of judgments and costs recovered against you for negligent or wrongful acts in the permitted work. Franchisees follow their franchise agreement where it conflicts, and a special district with a median maintenance agreement follows that agreement instead.
Obligee: City of Greenwood Village. Citation: Greenwood Village Municipal Code § 11-3-120 (Performance bonds and letters of credit for excavation work or street cuts in the right-of-way); prior code 12.04.110; Ord. 32 § 1, 2011.
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: Held through the permit and the restoration period it secures.
Renewal: Per permit.
Filing
Filed with the City before the right-of-way permit issues, executed by you as principal and by at least one surety on whom service of process may be had in Colorado. No figure appears here because the applicant chooses the instrument — a bond or a letter of credit — and the amount is a formula: the total cost of construction including labor and materials but excluding the cost of any facilities being installed, or a published floor, whichever is greater. The City may bring an action on either instrument on its own behalf. Authority: Greenwood Village Municipal Code § 11-3-120.
Source
This bond requirement is corroborated by multiple public sources; City of Greenwood Village sets the exact amount, which we confirm when you start your bond.
Related Colorado bonds
Frequently asked questions
- Who requires the Greenwood Village Right-of-Way Excavation Bond?
- It’s required by City of Greenwood Village (Greenwood Village Municipal Code § 11-3-120 (Performance bonds and letters of credit for excavation work or street cuts in the right-of-way); prior code 12.04.110; Ord. 32 § 1, 2011). Contractors doing excavation work or street cuts in the Greenwood Village right-of-way. The section is specific about the trigger — excavation work or street cuts, not every right-of-way activity — and the security is conditioned on full compliance with the City’s ordinances, resolutions and regulations and on payment of judgments and costs recovered against you for negligent or wrongful acts in the permitted work. Franchisees follow their franchise agreement where it conflicts, and a special district with a median maintenance agreement follows that agreement instead.
- How much is the Greenwood Village Right-of-Way 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 Greenwood Village Right-of-Way 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?
- Held through the permit and the restoration period it secures. Renewal: Per permit.
- 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.
