This bond is required for contractors who want to perform construction work within the Cherry Creek Valley Water and Sanitation District in Colorado. It serves two purposes: first, it proves the contractor has a valid license to do the work, and second, it guarantees they'll complete the project according to their con…
Overview
What it is.
This bond is required for contractors who want to perform construction work within the Cherry Creek Valley Water and Sanitation District in Colorado. It serves two purposes: first, it proves the contractor has a valid license to do the work, and second, it guarantees they'll complete the project according to their con…
Who usually needs it
General contractors working on government-funded public works projects valued over $100,000 must obtain performance bonds under Colorado's Little Miller Act. Surface coal mining operators conducting mining and reclamation operations require performance bonds to ensure compliance with the Colorado Surface Coal Mining Reclamation Act. Contractor licensing bon…
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.
StateCOBond amountVaries by license type or projectObligeeCherry Creek Valley Water and Sanitation DistrictBond classPerformance BondCategoryOtherBondConstruction License and Performance BondPlain descriptionThis bond is required for contractors who want to perform construction work within the Cherry Creek Valley Water and Sanitation District in Colorado. It serves two purposes: first, it proves the contractor has a valid l…Who needs this bondGeneral contractors working on government-funded public works projects valued over $100,000 must obtain performance bonds under Colorado's Little Miller Act. Surface coal mining operators conducting mining and reclamati…
