This bond is required for contractors or utility companies who need to perform work in Raleigh's public streets, sidewalks, or other city-owned right-of-ways. It protects the city and residents by guaranteeing that the work will be completed properly and that any damage to public property will be repaired. If the cont…
Overview
What it is.
This bond is required for contractors or utility companies who need to perform work in Raleigh's public streets, sidewalks, or other city-owned right-of-ways. It protects the city and residents by guaranteeing that the work will be completed properly and that any damage to public property will be repaired. If the cont…
Who usually needs it
Construction contractors or similar professionals in Raleigh, North Carolina, who perform work in public streets, sidewalks, or right-of-ways (such as excavation or disturbance) for projects lasting one year or longer must obtain this bond as a prerequisite for receiving a Right-of-Way Permit from the City of Raleigh's Transportation Department.
Pricing & timing
What to expect.
Generic pricing
Permit bonds are required for specific activities, construction projects, or business operations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger permit bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Many common permit bonds qualify for instant approval with no underwriting required. Requirements vary by j…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateNCBond amountVaries by license type or projectObligeeCity of Raleigh, North CarolinaBond classPermit BondCategoryOtherBondBond for Work in Public Streets/Right-of-WaysPlain descriptionThis bond is required for contractors or utility companies who need to perform work in Raleigh's public streets, sidewalks, or other city-owned right-of-ways. It protects the city and residents by guaranteeing that the …Who needs this bondConstruction contractors or similar professionals in Raleigh, North Carolina, who perform work in public streets, sidewalks, or right-of-ways (such as excavation or disturbance) for projects lasting one year or longer m…
