Frequently Asked Questions (FAQ)
Bond Amount ranges from $100.00 to $100,000.00 with bond amount under $10,000.00 instantly approved. Standard Rate is 1.000% per year; with a minimum premium of $100.00.
COLORADO-CITY OF ENGLEWOOD PUBLIC RIGHT OF WAY PERFORMANCE AND MAINTENANCE BOND
COLORADO-CITY OF ENGLEWOOD PUBLIC RIGHT OF WAY PERFORMANCE AND MAINTENANCE BOND
Underwriting Details
This bond is set at Category 5 – Auto Quote up to $10,000.00. System will instantly approve if the bond amount $10,000.00 and below that meets the set credit/ FICO requirements.
Bond Amount ranges from $100.00 to $100,000.00 with bond amount under $10,000.00 instantly approved.
Standard Rate is 1.000% per year; with a minimum premium of $100.00.
Standard / Default term is 1 year.
A multiyear discount is not available.
A signed application is required.
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Execution Notes
Bond must have an original signed Attorney in Fact signature.
Filing Method
Executed bond must be filed with the obligee by agent/principal.