Clearing and Earthwork Contractor - Bond runs to Municipality
Overview
What it is.
Clearing and Earthwork Contractor - Bond runs to Municipality
Who usually needs it
Contractors performing work on public rights-of-way in Puyallup who are applying for permits to excavate, construct, repair, or alter pavement, sidewalks, curbs, sewers, water mains, or other structures on public streets and highways within city limits must obtain this $100,000 performance bond. The bond serves as a financial guarantee to protect the city b…
Pricing & timing
What to expect.
Generic pricing
Performance bonds guarantee that a contractor will complete a project according to the contract terms. Typical Pricing:. • Small contracts: Commonly around 1–5% of the contract value (one-time upfront premium). • Larger contracts: Rates generally scale lower as contract size increases. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. • Full underwriting required: Credit, financials, experience, and bon…
Typical timeframe
Full underwriting required — typically 3–5 business days
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.
StateWABond amountVaries by license type or projectObligeeCity of Puyallup, WashingtonBond classPerformance BondCategoryOtherBondCity of Puyallup Performance BondPlain descriptionClearing and Earthwork Contractor - Bond runs to MunicipalityWho needs this bondContractors performing work on public rights-of-way in Puyallup who are applying for permits to excavate, construct, repair, or alter pavement, sidewalks, curbs, sewers, water mains, or other structures on public street…
