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Permit Bond

City of Olympia, Washington - Street Excavation and Obstruction Bond

This bond is required for contractors or utility companies who need to dig up or temporarily block streets in Olympia, Washington. The $10,000 bond acts as a financial guarantee that the company will properly repair any damage to roads, sidewalks, or public property and follow all city rules during the work. If they f…

Overview

What it is.

This bond is required for contractors or utility companies who need to dig up or temporarily block streets in Olympia, Washington. The $10,000 bond acts as a financial guarantee that the company will properly repair any damage to roads, sidewalks, or public property and follow all city rules during the work. If they f…

Who usually needs it

Contractors, utility providers, businesses, organizations, or individuals performing street excavation, digging, trenching, or obstruction work on public streets, sidewalks, or rights-of-way in the City of Olympia, Washington must obtain this bond. This includes general contractors, sub-trades, heavy engineering firms, and utility installers whose projects …

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.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. Keep your effective date and renewal date on file with us.
Start the application.

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Details

Bond details.

StateWA
Bond amount$10,000
ObligeeCity of Olympia, Washington
Bond classPermit Bond
CategoryOther
BondCity of Olympia, Washington - Street Excavation and Obstruction Bond
Plain descriptionThis bond is required for contractors or utility companies who need to dig up or temporarily block streets in Olympia, Washington. The $10,000 bond acts as a financial guarantee that the company will properly repair any…
Who needs this bondContractors, utility providers, businesses, organizations, or individuals performing street excavation, digging, trenching, or obstruction work on public streets, sidewalks, or rights-of-way in the City of Olympia, Wash…
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Next step

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