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Subdivision Bond

Oregon City of Salem Street Opening/Easement Bond

This bond is required for contractors or utility companies who need to dig up or open streets in Salem, Oregon, or work within city easements. The $5,000 bond protects the City of Salem by guaranteeing that whoever opens the street will properly restore it to its original condition and follow all city requirements. If…

Overview

What it is.

This bond is required for contractors or utility companies who need to dig up or open streets in Salem, Oregon, or work within city easements. The $5,000 bond protects the City of Salem by guaranteeing that whoever opens the street will properly restore it to its original condition and follow all city requirements. If…

Who usually needs it

Contractors performing work on public streets or alleyways in Salem, Oregon must obtain this $5,000 Street or Easement Opening Blanket Bond as mandated by the City of Salem Public Works Department before beginning any street or easement opening project. The bond applies broadly to any individual or business undertaking such projects, not limited to a specif…

Pricing & timing

What to expect.

Generic pricing

Subdivision bonds guarantee completion of public improvements (streets, utilities, sidewalks) in new developments. Typical Pricing:. • Small projects: Commonly around 1–5% of the improvement cost. • Larger projects: Rates generally scale lower as project size increases. • Bond amount: Based on estimated cost of public improvements. • Contract underwriting required: Financial review and project assessment. Subdivision bonds are required by municipalities before recor…

Typical timeframe

Contract underwriting — typically 3–5 business days

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.

StateOR
Bond amount$5,000
ObligeeCity of Salem
Bond classSubdivision Bond
CategoryConstruction
BondOregon City of Salem Street Opening/Easement Bond
JurisdictionState
Plain descriptionThis bond is required for contractors or utility companies who need to dig up or open streets in Salem, Oregon, or work within city easements. The $5,000 bond protects the City of Salem by guaranteeing that whoever open…
Who needs this bondContractors performing work on public streets or alleyways in Salem, Oregon must obtain this $5,000 Street or Easement Opening Blanket Bond as mandated by the City of Salem Public Works Department before beginning any s…
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Next step

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