Platinum Bonds Insurance Agency
Research before you apply.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…
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…
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…
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…
Contract underwriting — typically 3–5 business days
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.