This bond is required for contractors or individuals who need to perform work in public areas like streets, sidewalks, or other public spaces in Salt Lake City, Utah. The $15,000 bond protects Salt Lake City Corporation by guaranteeing that the work will be completed properly and any damage to public property will be …
Overview
What it is.
This bond is required for contractors or individuals who need to perform work in public areas like streets, sidewalks, or other public spaces in Salt Lake City, Utah. The $15,000 bond protects Salt Lake City Corporation by guaranteeing that the work will be completed properly and any damage to public property will be …
Who usually needs it
Contractors with a valid Utah contractor's license who apply for a Public Way Permit in Salt Lake City, Utah need this bond. This typically applies to contractors, developers, utility companies, or businesses performing construction, excavation, or major work affecting the public way for more than 10 days or involving street cuts in public rights-of-way suc…
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.
StateUTBond amount$15,000ObligeeSalt Lake City CorporationBond classPermit BondCategoryOtherBondWork in the Public Way Permit Performance BondPlain descriptionThis bond is required for contractors or individuals who need to perform work in public areas like streets, sidewalks, or other public spaces in Salt Lake City, Utah. The $15,000 bond protects Salt Lake City Corporation…Who needs this bondContractors with a valid Utah contractor's license who apply for a Public Way Permit in Salt Lake City, Utah need this bond. This typically applies to contractors, developers, utility companies, or businesses performing…
