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Street/Easement Opening Blanket Bond

A Street/Easement Opening Blanket Bond is required by the City of Salem, Oregon for contractors or utility companies who need to cut into or dig up city streets and easements for construction, repairs, or installations. This $5,000 bond guarantees that the work will be done properly and that streets will be restored t…

Bond amount$5,000
State or jurisdictionOregon
ObligeeCity of Salem, Oregon

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

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Overview

What it is.

A Street/Easement Opening Blanket Bond is required by the City of Salem, Oregon for contractors or utility companies who need to cut into or dig up city streets and easements for construction, repairs, or installations. This $5,000 bond guarantees that the work will be done properly and that streets will be restored t…

Who usually needs it

Licensed contractors in Oregon and developers performing work on public streets or alleyways in Salem, Oregon who cut, break, dig up, damage, undermine, or tunnel under public streets or alleys, or who construct, repair, or reconstruct public sanitary sewers or storm drains. The $5,000 bond serves as a financial guarantee that work will be completed in a ti…

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 recording subdivision plats. Rates may vary based on developer experience and financial strength.

Your quote determines the actual premium.

Typical timeframe

Contract underwriting — typically 3–5 business days

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

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