Ohio Highway Right of Way Permit and Maintenance Bond

Ohio Highway Right of Way Permit and Maintenance Bond

The Permits Department of the Ohio Department of Transportation (ODOT) requires contractors performing work on highway right-of-ways to maintain a permit bond for the duration of the project. The bond covers a contractor’s failure to complete the project according to ODOT’s standards.

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Work on a right-of-way includes the roadway, shoulders, ditch, and slopes to the limits of the right-of-way. Jet Insurance Company provides the financial assurance to the State of Ohio to get you on any of these projects.

What Is the Cost of the ODOT Highway Right of Way Permit and Maintenance Bond?

With Jet, you will pay a small percentage of the bond limit. The bond limit is determined by the Department of Transportation based on the cost to complete the permitted project. The cost of the bond with Jet is based on the financial status of the contractor.

By choosing Jet, you are working directly with the insurance company, ridding you of unnecessary fees and middleman agents and brokers. You also receive first-hand claims defense, should it be needed.

The Ohio Department of Transportation Highway Right of Way Bond Process With Jet

Fill out the application from the comfort of your home or office within minutes. A soft credit check must be completed to approve you for a rate for smaller bonding limits. Larger bond limits will require the submission of financial statements and permit specifications to receive bond approval. 

When a rate is ready, it will be sent to you via email for you to purchase directly online. Jet can file the bond to the ODOT for you or you can file it yourself with other permit paperwork to the address below:

State of Ohio Department of Transportation
ATTN: Permits Department
505 S. State Route 741
Lebanon, OH 45036

The bond is for a one-year period, but if the project takes over a year the bond must be renewed. The bond must be kept active until the project is completed with the ODOT releasing you and Jet of liability. Jet will send you an invoice nearing the renewal date and as long as you fulfill payment the bond will remain on file with the Department.

Once filed with the ODOT, the bond cannot be cancelled unless Jet receives a release of liability.

How Does an Ohio Contractor Avoid Highway Right of Way Bond Claims?

By completing the job according to the permit specifications, contractors can avoid any disciplinary action from the State of Ohio. When performing work for the Ohio Department of Transportation, damages may occur and any damage must be fixed or the contractor. A general liability policy will cover damage to third parties, but could exclude certain damages and come with high deductible. It is typically in the best interest of the contractor to correct any errors or damages caused upfront before lawyers get involved.

Jet will thoroughly inspect any claim made against the bond by the ODOT to verify its validity, but there may be little we can do after an investigation and mitigation attempts. Jet must pay the State for any legitimate claims to fix or complete the project. 

The contractor is not off the hook once the bond pays out, though. Since the contractor is often given a chance to address any issues before the bond comes into play and is ultimately liable for their actions, the contractor must reimburse Jet for the paid out claim.

Ohio Highway Right of Way Permit and Maintenance 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: