A Performance Bond - City of Spokane is required for contractors or businesses that enter into contracts with the City of Spokane, Washington. This bond guarantees that you will complete your project according to the agreed-upon terms and specifications. If you fail to finish the work properly or breach the contract, …
Overview
What it is.
A Performance Bond - City of Spokane is required for contractors or businesses that enter into contracts with the City of Spokane, Washington. This bond guarantees that you will complete your project according to the agreed-upon terms and specifications. If you fail to finish the work properly or breach the contract, …
Who usually needs it
Contractors (general or specialty) and developers who apply for a City of Spokane street obstruction permit to perform work in public streets, sidewalks, curbs, pavements, or other public places under Ordinance No. C-26619. This bond is required by the City Engineer as a condition for permit issuance, guaranteeing proper completion of work, two years of mai…
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 Spokane, WashingtonBond classPerformance BondCategoryOtherBondPerformance Bond - City of SpokanePlain descriptionA Performance Bond - City of Spokane is required for contractors or businesses that enter into contracts with the City of Spokane, Washington. This bond guarantees that you will complete your project according to the ag…Who needs this bondContractors (general or specialty) and developers who apply for a City of Spokane street obstruction permit to perform work in public streets, sidewalks, curbs, pavements, or other public places under Ordinance No. C-26…
