Property owners, contractors, or developers engaging in land-disturbing activities in Virginia localities must obtain this bond when disturbing ≥2,500 sq. ft. on residentially-zoned property or ≥10,000 sq. ft. elsewhere. The bond is required before beginning construction, grading, or development work and must accompany the Land Disturbance Permit to guarant…
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.
StateVABond amountVaries by license type or projectObligeeCounty of Augusta, VirginiaBond classPerformance BondCategoryOtherBondPerformance Bond for Erosion and Sediment ControlPlain descriptionSoil Erosion or Sediment ControlWho needs this bondProperty owners, contractors, or developers engaging in land-disturbing activities in Virginia localities must obtain this bond when disturbing ≥2,500 sq. ft. on residentially-zoned property or ≥10,000 sq. ft. elsewhere…