City of Milford Right-of-Way Construction Bond
What it is & who requires it
A person performing construction work in a City of Milford right-of-way (street opening, utility, or similar) must, before the permit issues, execute a performance bond sized to the full cost of the construction work, with sureties approved by the City Manager; a maintenance bond equal to a portion of that value is retained for one year after completion. Because the bond is a percentage of each project’s construction cost, no fixed dollar figure applies across projects.
Obligee: City of Milford (City Manager). Citation: Code of the City of Milford, Chapter 197 (Streets, Sidewalks, Storm Sewers and Certain Other Public Places), § 197-4(G) (Right-of-way use and construction permits).
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: Performance bond held through the right-of-way construction work; upon satisfactory completion a 10% maintenance bond is retained for one year for the completed work within the right-of-way; sureties approved by the City Manager.
Renewal: Posted per right-of-way use/construction permit; the maintenance bond runs one year past completion.
Filing
Executed to the City of Milford before a right-of-way use or construction permit issues, with sureties approved by the City Manager, sized to the full cost of the construction work; on satisfactory completion a maintenance bond is retained for one year for the completed work within the right-of-way. Because the amount is a share of each project’s construction cost, the bond is listed and the exact amount is confirmed when you apply. Authority: Code of the City of Milford, Chapter 197, §197-4(G).
Source
Verified against the obligee source.
Related Delaware bonds
Frequently asked questions
- Who requires the City of Milford Right-of-Way Construction Bond?
- It’s required by City of Milford (City Manager) (Code of the City of Milford, Chapter 197 (Streets, Sidewalks, Storm Sewers and Certain Other Public Places), § 197-4(G) (Right-of-way use and construction permits)). A person performing construction work in a City of Milford right-of-way (street opening, utility, or similar) must, before the permit issues, execute a performance bond sized to the full cost of the construction work, with sureties approved by the City Manager; a maintenance bond equal to a portion of that value is retained for one year after completion. Because the bond is a percentage of each project’s construction cost, no fixed dollar figure applies across projects.
- How much is the City of Milford Right-of-Way Construction 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 City of Milford Right-of-Way Construction 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?
- Performance bond held through the right-of-way construction work; upon satisfactory completion a 10% maintenance bond is retained for one year for the completed work within the right-of-way; sureties approved by the City Manager. Renewal: Posted per right-of-way use/construction permit; the maintenance bond runs one year past completion.
- 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.
