Reno, Nevada Excavation Permit Bond

Reno Nevada Excavation Permit Bond

Contractors seeking permits for excavation, encroachment, paving, grading, repairing, or working in public streets, highways, or other right-of-ways, must file a $5,000 Excavation Bond with the City of Reno, Nevada. The bond is used to protect against construction projects being left incomplete. 

SECURE YOUR BOND

Jet allows you to purchase your bond without any waits or credit checks!

What Is the Price of the Reno Excavation Bond?

An Excavation Bond is only $100 with Jet, guaranteed. Simply click the “Purchase” button to complete your purchase. Since Jet is a direct issuer of surety bonds, you won't be charged pesky broker fees or commissions; the price is the price.

Filing the Reno Excavation Bond

Once you have completed your purchase, Jet will prepare the bond form and mail it to you. We will have the bond notarized, and you will be responsible for signing the bond in front of a notary as well. Once ready, it must be submitted to:

City of Reno
1 E 1st Street
Reno, NV 89501

When Does the Excavation Bond Obligation End?

Once filed, the City will keep the bond as protection while construction is being completed. Failure to fulfill the project according to the plans that were approved when you received your permit will lead to the City filing a claim on the bond to cover the cost of finishing the project.

When you receive your excavation permit, you are expected to comply with Section 12.08 of the Reno Municipal Code. These codes describe expectations for work, such as beginning the project within 15 days after a permit is issued (Section 12.08.110) or the standards for restoring the project area after construction is done (Section 12.08.040). After the work has been completed, the contractor must send a written notice to the city engineer. The bond will only be released once passing the final inspection, which can be no sooner than three years after the project has been completed.

How Does a Contractor Avoid Excavation/Encroachment Bond Claims?

As long as a contractor fulfills the project according to plan and the duties found in Chapter 12.08 of the Reno Municipal Code, there should be no cause for complaint. The contractor will be responsible for any repairs that are caused by defective backfilling during the three-year period before the bond is released, or for paying the City back for making such reparations; if the contractor has sufficient evidence that damages were not caused by defective backfilling, they will not be liable for reparations. 

Claims on the Excavation Bond can arise by the contractor’s failure to complete the project within the time specified in the permit, make any repairs needed during the three-year period following the satisfactory completion of the project, or pay the City for fees or other expenses for making reparations in which the contractor was at fault. If you receive a claim, contact Jet right away. Our team will check the complaint to avoid false accusations, but if it holds up, we are obligated to pay out the claim up to $5,000 on your behalf. Since the claim was made based on your actions, you are responsible for paying Jet back. 

Are There Other Bonds That an Excavation Contractor Needs?

Yes; if you have unpaid or incomplete accounts from a past permit, you may be required to submit a payment bond before receiving a new excavation permit. The amount of the payment bond will be the cost of the overdue account or, if more than one, an average of all overdue accounts. 

Reno Nevada Excavation Permit Bond Form

Notary Bond Application:

X

Business Information:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Employee Dishonesty Bond Application:

Business Information:

Business Description:

Coverage Requirements:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Contract Bond Application:

X

Business Information:

Owner Information:

Job Details:

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information:

Worker's Compensation Application:

X

Business Information:

Business Description:

Coverage Requirements

Indemnity Agreement:

I, the undersigned, hereby apply for a Dishonesty Bond also known as a Business Service Bond or Janitorial Service Bond (“bond”) to the Surety Company (“SURETY”) through Jet Insurance Company (“JET”), with whom I hereby grant the authority to act on my behalf with respect to the bond and assign as my Broker of Record, and declare that the statements herein are true and correct. In consideration of the SURETY issuing, renewing or substituting said bond(s), I, individually and as the owner or officer of the bonded entity, hereby understand and agree, as follows: (i) to reimburse, hold harmless, and indemnify SURETY upon demand for all loss, liability, claim, expense, including but not limited to attorneys’ fees, expert’s fees, investigative fees and claims handling fees, and any other cost which SURETY shall pay or incur in defense, adjustment, or settlement of such claims/suits by reason of such suretyship; (ii) that an itemized statement of loss and expenses by SURETY shall be indisputable proof of my liability to SURETY; (iii) coverage is subject to a $100 deductible; (iv) the employee must be convicted before coverage will apply (v) performance and any form of dispute resolution of this agreement shall take place in the county of SURETY's office of service; and (vi) a facsimile copy or electronically signed version of this agreement shall be binding as if it were an original. This agreement shall survive any changes in, substitute to or renewal of the bond(s).

Required Effect Date of Bond Policy:

Contact Information: