This bond is required for contractors or utility companies who need to cut into, dig up, or otherwise open streets in Portland, Oregon. The city requires this $2,000 bond to ensure that anyone who opens a street will properly repair it and restore it to its original condition. If the work is done poorly or the street …
Overview
What it is.
This bond is required for contractors or utility companies who need to cut into, dig up, or otherwise open streets in Portland, Oregon. The city requires this $2,000 bond to ensure that anyone who opens a street will properly repair it and restore it to its original condition. If the work is done poorly or the street …
Who usually needs it
Contractors and businesses performing construction work on Portland's public streets, including those applying for street opening permits or sewer connection permits in the right-of-way. This includes anyone performing operations involving digging up, breaking into, or excavating streets, or performing sewer connection work. The bond is required by the Port…
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.
StateORBond amount$2,000ObligeeCity of Portland, OregonBond classPermit BondCategoryOtherBondCity of Portland, Oregon - Street Opening BondPlain descriptionThis bond is required for contractors or utility companies who need to cut into, dig up, or otherwise open streets in Portland, Oregon. The city requires this $2,000 bond to ensure that anyone who opens a street will pr…Who needs this bondContractors and businesses performing construction work on Portland's public streets, including those applying for street opening permits or sewer connection permits in the right-of-way. This includes anyone performing …
