Saco Street Excavation Bond
What it is & who requires it
A contractor opening a City of Saco street must be licensed with the City, carry current insurance, and be bonded; the bond secures proper restoration of the opening.
Obligee: City of Saco (Department of Public Works). Citation: City of Saco Code of Ordinances Ch. 186 (Streets and Sidewalks), Art. I (Excavations in Streets and Public Places) — street-excavation bond.
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: Per the street-opening permit; the escrow substitute is held for two years.
Renewal: Per-permit / annual contractor license (Paving and Excavator licenses filed separately).
Filing
This excavation bond is filed with the City of Saco Department of Public Works — you must be licensed with the City, carry current insurance, and be bonded — and it secures proper restoration of the opening. Under the City of Saco Code of Ordinances Ch. 186 (Streets and Sidewalks), Art. I (Excavations in Streets and Public Places), in lieu of a bond the City will accept a co-equal escrow check held for two years — so it is listed and the exact amount is confirmed when you apply. It is written per permit, with the Paving and Excavator licenses filed separately.
Source
This bond requirement is corroborated by multiple public sources; City of Saco (Department of Public Works) sets the exact amount, which we confirm when you start your bond.
Related Maine bonds
Frequently asked questions
- Who requires the Saco Street Excavation Bond?
- It’s required by City of Saco (Department of Public Works) (City of Saco Code of Ordinances Ch. 186 (Streets and Sidewalks), Art. I (Excavations in Streets and Public Places) — street-excavation bond). A contractor opening a City of Saco street must be licensed with the City, carry current insurance, and be bonded; the bond secures proper restoration of the opening.
- How much is the Saco 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 Saco 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?
- Per the street-opening permit; the escrow substitute is held for two years. Renewal: Per-permit / annual contractor license (Paving and Excavator licenses filed separately).
- 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.
