Salem Street Opening Bond

What it is & who requires it

Anyone tunneling under, opening a trench in, or disturbing the surface of any Salem street or public place must post the security.

Obligee: City of Salem (City Engineer / Director of Public Services). Citation: Salem Code Pt. III, Ch. 38, Art. IV (Excavations), §38-196(c).

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.

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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: Work must commence within one month and be pursued to completion; deposit/bond returned after restoration.

Renewal: Per permit.

Filing

Salem accepts a cash deposit or an acceptable street bond for an excavation permit (Code Ch. 38, §38-196). Because the security is co-equal, the bond is listed rather than priced.

Source

Verified against the obligee source.

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Frequently asked questions

Who requires the Salem Street Opening Bond?
It’s required by City of Salem (City Engineer / Director of Public Services) (Salem Code Pt. III, Ch. 38, Art. IV (Excavations), §38-196(c)). Anyone tunneling under, opening a trench in, or disturbing the surface of any Salem street or public place must post the security.
How much is the Salem 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 Salem 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?
Work must commence within one month and be pursued to completion; deposit/bond returned after restoration. 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.

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