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Subdivision Bond

Steet Restoration

A Street Restoration bond is required by the City of Sumner, Washington for contractors or utility companies who dig up or damage city streets during construction or repair work. This $5,000 bond guarantees that whoever tears up the street will properly restore it to its original condition. If the street isn't fixed c…

Overview

What it is.

A Street Restoration bond is required by the City of Sumner, Washington for contractors or utility companies who dig up or damage city streets during construction or repair work. This $5,000 bond guarantees that whoever tears up the street will properly restore it to its original condition. If the street isn't fixed c…

Who usually needs it

Contractors and businesses performing construction, excavation, or utility work that impacts public streets, sidewalks, highways, driveways, or right-of-ways in Washington State need this bond. This includes general contractors, specialty contractors, and utility companies obtaining right-of-way permits from local municipalities, cities, or counties for pro…

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.

StateWA
Bond amount$5,000
ObligeeCity of Sumner, Washington
Bond classSubdivision Bond
CategoryOther
BondSteet Restoration
Plain descriptionA Street Restoration bond is required by the City of Sumner, Washington for contractors or utility companies who dig up or damage city streets during construction or repair work. This $5,000 bond guarantees that whoever…
Who needs this bondContractors and businesses performing construction, excavation, or utility work that impacts public streets, sidewalks, highways, driveways, or right-of-ways in Washington State need this bond. This includes general con…
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Next step

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