Spencer Excavator License Bond
What it is & who requires it
Anyone practicing excavation for compensation in Spencer, which the city licenses as its own trade rather than permitting job by job. The licensing period is the detail worth planning around: it runs from the first of February to the thirty-first of January, and the fee is charged for the period or any part of it, so a license taken out in December costs the same as one taken out in February and expires just as soon. The bond must run throughout that period rather than merely being in place at application. It is conditioned on faithful performance of all duties required by the city’s ordinances, rules and regulations. Liability insurance runs alongside at three hundred thousand dollars per person and five hundred thousand per occurrence, and is a separate obligation.
Obligee: City of Spencer (City Clerk). Citation: Spencer Code of Ordinances § 95.033 (Excavator’s license), ch. 95 (Streets and Sidewalks); § 95.033(A) fee; § 95.033(C) insurance assumption of liability.
Bond amount
The required bond amount is $10,000.
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: Must run throughout the licensing period, which is fixed by the calendar rather than by the license date — 1 February to 31 January.
Renewal: Annual, on the city’s licensing year; a license issued part way through the year still expires at the end of January.
Filing
Filed with the city clerk in favor of the city. The section names a surety bond, states a flat amount and offers nothing else, so the figure renders. Spencer uses the same three-part template — fee, surety bond, insurance — for its excavator license and its commercial tree trimmer license, at different sums, so a contractor holding both files two bonds on one pattern.
Source
Verified against the obligee source (last checked 2026-09-03).
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Frequently asked questions
- Who requires the Spencer Excavator License Bond?
- It’s required by City of Spencer (City Clerk) (Spencer Code of Ordinances § 95.033 (Excavator’s license), ch. 95 (Streets and Sidewalks); § 95.033(A) fee; § 95.033(C) insurance assumption of liability). Anyone practicing excavation for compensation in Spencer, which the city licenses as its own trade rather than permitting job by job. The licensing period is the detail worth planning around: it runs from the first of February to the thirty-first of January, and the fee is charged for the period or any part of it, so a license taken out in December costs the same as one taken out in February and expires just as soon. The bond must run throughout that period rather than merely being in place at application. It is conditioned on faithful performance of all duties required by the city’s ordinances, rules and regulations. Liability insurance runs alongside at three hundred thousand dollars per person and five hundred thousand per occurrence, and is a separate obligation.
- How much is the Spencer Excavator License Bond?
- The bond amount is $10,000.
- How do I get the Spencer Excavator 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?
- Must run throughout the licensing period, which is fixed by the calendar rather than by the license date — 1 February to 31 January. Renewal: Annual, on the city’s licensing year; a license issued part way through the year still expires at the end of January.
- 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?
- We verify it against the obligee’s primary source (last checked 2026-09-03); the source link is on this page.
