This bond is required for contractors or utility companies who need to dig up, cut into, or excavate streets and roads in Cherry Hills Village, Colorado. The $5,000 bond acts as a financial guarantee that you'll properly restore the road or right-of-way area after completing your work. If you damage public property or…
Overview
What it is.
This bond is required for contractors or utility companies who need to dig up, cut into, or excavate streets and roads in Cherry Hills Village, Colorado. The $5,000 bond acts as a financial guarantee that you'll properly restore the road or right-of-way area after completing your work. If you damage public property or…
Who usually needs it
Contractors, utility companies (electric, gas, water, telephone), developers, and special districts performing excavation, street cuts, or openings in public rights-of-way (streets, alleys, sidewalks, county roads) in Colorado counties and cities must obtain this bond as a condition for receiving the necessary excavation permit from local government agencie…
Pricing & timing
What to expect.
Generic pricing
Permit bonds are required for specific activities, construction projects, or business operations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger permit bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Many common permit bonds qualify for instant approval with no underwriting required. Requirements vary by j…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
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 amount$5,000ObligeeCity of Cherry Hills Village, ColoradoBond classPermit BondCategoryOtherBondRight of Way, Road Cut, Street Excavation PermitPlain descriptionThis bond is required for contractors or utility companies who need to dig up, cut into, or excavate streets and roads in Cherry Hills Village, Colorado. The $5,000 bond acts as a financial guarantee that you'll properl…Who needs this bondContractors, utility companies (electric, gas, water, telephone), developers, and special districts performing excavation, street cuts, or openings in public rights-of-way (streets, alleys, sidewalks, county roads) in C…