Natick Street Opening Bond
What it is & who requires it
Any contractor (excluding public utilities and government agencies) excavating or opening the Natick right-of-way must post the performance guarantee.
Obligee: Town of Natick (DPW, Engineering Division). Citation: Town of Natick Policy Regulating Street Opening Permits (adopted 3/9/1998, amended through 6/26/2017), §5.0 (Performance Guarantee).
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: One-year guarantee period from completion; coverage must hold the full term.
Renewal: Per permit.
Filing
Natick accepts a surety bond or a cash bond as the street-opening performance guarantee (DPW policy §5.0). Because the security is co-equal, the bond is listed rather than priced.
Source
Verified against the obligee source.
Related Massachusetts bonds
Frequently asked questions
- Who requires the Natick Street Opening Bond?
- It’s required by Town of Natick (DPW, Engineering Division) (Town of Natick Policy Regulating Street Opening Permits (adopted 3/9/1998, amended through 6/26/2017), §5.0 (Performance Guarantee)). Any contractor (excluding public utilities and government agencies) excavating or opening the Natick right-of-way must post the performance guarantee.
- How much is the Natick Street Opening 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 Natick Street Opening 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?
- One-year guarantee period from completion; coverage must hold the full term. 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.
