Portland Street Opening Bond
What it is & who requires it
Contractors and utilities opening, cutting, or working within a City of Portland right-of-way under a street-opening permit.
Obligee: City of Portland (Portland Bureau of Transportation). Citation: Portland City Code 17.24.012 (bond may be required); 17.24.055 (assurance forms and 100 percent of cost).
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 or right-of-way permit; held through completion and acceptance of the work.
Renewal: Per-permit, or per the city blanket-bond authorization.
Filing
Filed with the City of Portland for your street-opening or right-of-way permit. Portland may require an assurance covering the full cost of the work and accepts a surety bond, an irrevocable letter of credit, a set-aside account, or a cash deposit, so the bond is listed and the amount is confirmed when you apply. Authority is Portland City Code 17.24.012 and 17.24.055.
Source
This bond requirement is corroborated by multiple public sources; City of Portland (Portland Bureau of Transportation) sets the exact amount, which we confirm when you start your bond.
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Frequently asked questions
- Who requires the Portland Street Opening Bond?
- It’s required by City of Portland (Portland Bureau of Transportation) (Portland City Code 17.24.012 (bond may be required); 17.24.055 (assurance forms and 100 percent of cost)). Contractors and utilities opening, cutting, or working within a City of Portland right-of-way under a street-opening permit.
- How much is the Portland 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 Portland 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?
- Per the street-opening or right-of-way permit; held through completion and acceptance of the work. Renewal: Per-permit, or per the city blanket-bond authorization.
- 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.
