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Tennessee Right of Way Bond

A Tennessee Right of Way Bond is required for contractors and companies who need to work on or near state-owned property, such as along highways or public roads. This bond protects the State of Tennessee by guaranteeing that the contractor will properly restore the work area, follow all regulations, and fix any damage…

Bond amountVaries by license type or project
State or jurisdictionTennessee
ObligeeState of Tennessee

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 Tennessee Right of Way Bond is required for contractors and companies who need to work on or near state-owned property, such as along highways or public roads. This bond protects the State of Tennessee by guaranteeing that the contractor will properly restore the work area, follow all regulations, and fix any damage…

Who usually needs it

Contractors, utility companies, telecommunications firms, builders, developers, and permit applicants who need to perform work such as excavation, trenching, driveway construction, or utility installation in Tennessee state highway right-of-way. The bond is required to guarantee compliance with permit terms, restoration of the right-of-way to its original c…

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 jurisdiction and permit type.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

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?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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