Henderson Right-of-Way Bond
What it is & who requires it
Contractors and utilities who excavate in, or change the surface of, a street, highway, avenue or alley in the City of Henderson, and anyone maintaining an obstruction or encroachment in the Henderson right-of-way under an encroachment agreement. The director of public works sets the amount and can accept money in place of a bond — and can waive the requirement altogether where he judges no security is necessary.
Obligee: City of Henderson (Director of Public Works, Parks and Recreation). Citation: Henderson Municipal Code § 11.10.010 (Bond required), § 11.10.020 (Deposit lieu of bond), § 11.10.030 (Waiver).
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: Held through completion and restoration, and for at least six months afterward; also used as the security behind an encroachment agreement.
Renewal: Per-permit, or continuously if you maintain the general (blanket) instrument covering all of your work.
Filing
Executed to the City of Henderson and approved by the director of public works, parks and recreation before you change the surface of a street, alley or highway, or as a condition of maintaining an encroachment in the right-of-way. Henderson accepts a deposit of money in place of the bond, its blanket instrument is itself a cash bond, and the director may waive the bonding requirement entirely if he judges none is necessary — so the bond is listed and the exact amount, which the director designates, is confirmed when you apply. The security is held through restoration and for six months afterward. Authority: Henderson Municipal Code §§ 11.10.010 through 11.10.030.
Source
This bond requirement is corroborated by multiple public sources; City of Henderson (Director of Public Works, Parks and Recreation) sets the exact amount, which we confirm when you start your bond.
Related Nevada bonds
Frequently asked questions
- Who requires the Henderson Right-of-Way Bond?
- It’s required by City of Henderson (Director of Public Works, Parks and Recreation) (Henderson Municipal Code § 11.10.010 (Bond required), § 11.10.020 (Deposit lieu of bond), § 11.10.030 (Waiver)). Contractors and utilities who excavate in, or change the surface of, a street, highway, avenue or alley in the City of Henderson, and anyone maintaining an obstruction or encroachment in the Henderson right-of-way under an encroachment agreement. The director of public works sets the amount and can accept money in place of a bond — and can waive the requirement altogether where he judges no security is necessary.
- How much is the Henderson Right-of-Way 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 Henderson Right-of-Way 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?
- Held through completion and restoration, and for at least six months afterward; also used as the security behind an encroachment agreement. Renewal: Per-permit, or continuously if you maintain the general (blanket) instrument covering all of your work.
- 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.
