Town of Georgetown Street Excavation Bond
What it is & who requires it
A contractor cutting, opening or excavating a street, sidewalk, curb or gutter in the Town of Georgetown must obtain an excavation permit and post security conditioned on faithful performance and restoration. A surety bond satisfies the requirement, and the Town also allows a cash deposit or certified/cashier’s check in lieu of the surety bond. The security is sized to the cost of restoring the affected pavement, so the amount varies per project.
Obligee: Town of Georgetown (Town Manager). Citation: Code of the Town of Georgetown, Chapter 190 (Streets and Sidewalks), Article II (Excavation) — permit security (surety bond or cash/check in lieu), cost-based.
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 while the street/sidewalk opening is open and until restoration is complete; the Town may draw on the security to restore and maintain the street, sidewalk, curb or gutter.
Renewal: Posted per street-excavation permit.
Filing
Posted with the Town of Georgetown as a condition of an excavation permit for cutting or opening a street, sidewalk, curb or gutter, conditioned on faithful performance and restoration. The Town lets you satisfy it with a surety bond, a cash deposit, or a certified or cashier’s check in lieu of the bond, and the amount is sized to the restoration cost — so the bond is listed and the exact amount is confirmed when you apply. Authority: Code of the Town of Georgetown, Chapter 190 (Streets and Sidewalks), Article II.
Source
Verified against the obligee source.
Related Delaware bonds
Frequently asked questions
- Who requires the Town of Georgetown Street Excavation Bond?
- It’s required by Town of Georgetown (Town Manager) (Code of the Town of Georgetown, Chapter 190 (Streets and Sidewalks), Article II (Excavation) — permit security (surety bond or cash/check in lieu), cost-based). A contractor cutting, opening or excavating a street, sidewalk, curb or gutter in the Town of Georgetown must obtain an excavation permit and post security conditioned on faithful performance and restoration. A surety bond satisfies the requirement, and the Town also allows a cash deposit or certified/cashier’s check in lieu of the surety bond. The security is sized to the cost of restoring the affected pavement, so the amount varies per project.
- How much is the Town of Georgetown Street 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 Town of Georgetown Street 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 while the street/sidewalk opening is open and until restoration is complete; the Town may draw on the security to restore and maintain the street, sidewalk, curb or gutter. Renewal: Posted per street-excavation 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.
