Concord Street Excavation Bond
What it is & who requires it
Any applicant, agent, or contractor performing work within the City of Concord public right-of-way or on City property must, before a permit issues, post financial security guaranteeing restoration. Concord accepts a permit bond, an irrevocable letter of credit, or a cash deposit (co-equal); the amount is set by the City Engineer by the volume of work.
Obligee: City of Concord (City Engineer / Engineering Services Division). Citation: City of Concord Code of Ordinances, Title I Ch. 5 Public Works, Art. 5-1 Highways and Sidewalks.
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 for twenty-four (24) months after the work is completed and accepted by the City Engineer.
Renewal: Per-permit; financial guarantee runs through the 24-month acceptance period.
Filing
Filed with the City of Concord (City Engineer / Engineering Services Division) before a right-of-way permit issues. Concord lets you satisfy it with a permit bond, an irrevocable letter of credit, or a cash deposit, so the bond is listed and the exact amount — set by the City Engineer by the volume of work — is confirmed when you apply. The guarantee is held for twenty-four months after the work is accepted. Authority: City of Concord Code of Ordinances, Title I Ch. 5, Art. 5-1.
Source
This bond requirement is corroborated by multiple public sources; City of Concord (City Engineer / Engineering Services Division) sets the exact amount, which we confirm when you start your bond.
Related New Hampshire bonds
Frequently asked questions
- Who requires the Concord Street Excavation Bond?
- It’s required by City of Concord (City Engineer / Engineering Services Division) (City of Concord Code of Ordinances, Title I Ch. 5 Public Works, Art. 5-1 Highways and Sidewalks). Any applicant, agent, or contractor performing work within the City of Concord public right-of-way or on City property must, before a permit issues, post financial security guaranteeing restoration. Concord accepts a permit bond, an irrevocable letter of credit, or a cash deposit (co-equal); the amount is set by the City Engineer by the volume of work.
- How much is the Concord 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 Concord 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?
- Held for twenty-four (24) months after the work is completed and accepted by the City Engineer. Renewal: Per-permit; financial guarantee runs through the 24-month acceptance period.
- 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.