The City of Beaverton requires that any private construction work inhibiting or utilizing a public right-of-way to obtain a Right-of-Way Permit Bond. The bond is a financial guarantee between Jet and the contractor to the city of Beaverton right-of-way permit conditions will be upheld and the public area will be restored to its original state.
For this pesky requirement, Jet is the place to get your bond form quickly.
For right-of-way permit bonds amounts under $25,000 the cost for the bond is $100 with Jet. For higher bond amounts, the rates are dependent on the bonding amount set for the permit and construction business owner’s personal credit.
bond limit | Cost |
---|---|
$25,000 | $100 |
$35,000 | $175 |
$50,000 | $250 |
The bond amount is set by the City of Beaverton to be the amount estimated to restore the public property for the work set forth in the permit.
Jet can offer these bonds at a low cost by cutting out the middleman. Typically, Surety Companies have layers of agents and brokers in the way collecting fees and commissions and slowing down service to contractors.
Unfortunately, Jet cannot file the bond for you. Beaverton has a strict “live ink” policy for the filed bond document. This means Jet and you must both sign the form with a pen and have it sent to the city. Jet will send the original bond form to you and you must forward the bond along to the following location:
City of Beaverton
PO Box 4755
Beaverton, OR 97076
Right-of-Way Permit Bonds guarantee that public roads or waterways that can be affected by construction work have a guarantee the road or waterway is returned to its original condition. Jet is a third party guaranteeing the contractor upholds the terms of the permit. The contractor is responsible for damages done to public areas and if the contractor is unwilling or unresponsive to make amends, then the surety bond is a method for the city to get reimbursed for damages.
Contractors must abide by four principles to avoid having any issue with the City of Beaverton: complete the work on time, stay in compliance, restore the right of way and pay all fees.
The contractor is liable for work performed to fulfill the permit conditions and to pay all laborers, mechanics, subcontractors and vendors. The city engineer and council will specify the terms in the permit to which the contractor must uphold to restore the right-of-way. The city can exercise its own judgement on how to deal with violations of the permit and how best for the contractor to rectify the situation.
Beaverton has also set forth right-of-way conditions for permitting that need to be followed for all projects within the city. Contractors must be aware of the following conditions including, but not limited to:
The City of Beaverton may file a claim on the Right-of-Way Permit Bond based on a violation of the permit and bond statutes. Jet always investigates the validity of claims, but in the case of a claim from a city agency who has already completed their own thorough investigation, there may be little Jet can do.
If the claim is valid, Jet will make payment for the claim not to exceed the limit of the bond. Beaverton has no defined timeline for the handling of bond claims, so Jet defaults to the standards set by the State of Oregon Department of Insurance.
30 days from receiving claim notice |
Jet acknowledges receipt of claim in internal files and with claimant. Jet sends instructions, claim forms (including proof of loss form) and provides reasonable assistance to claimant. Jet will reply to communications concerning the claim within reason. |
45 days from receiving claim notice |
Jet will complete its claim investigation; or Request for more time to investigate, if necessary. |
30 days from receiving properly executed proof of loss from claimant |
Jet accepts or denies the claim; or Requests for more time to investigate. |
45 days from requesting more time to investigate |
Jet accepts or denies the claim; or Requests for more time to investigate. |
Unlike insurance policies, which protects contractors from outside perils, this surety bond protects the City of Beaverton, suppliers, and laborers from the actions of the contractor. The contractor is ultimately responsible for their actions and therefore must reimburse the surety company for any claims paid. Failure to repay a Surety will result in difficulties to obtain a surety bond for future work.
For bond amounts under $25,000 the application process is simply providing basic company and permit information along with the payment and your bond can be completed online.
With a bonding amount over $25,000 we do have to do a credit check, but that will only take a few more seconds during the online process to obtain the right-of-way-permit bond.
Right-of-way permit bonds are not renewed and are active for the time period allowed by the permit. The bond issued by Jet will remain in effect as long as required by the City of Beaverton.
For any licensed contractor in Oregon the Construction Contractors Board requires a surety bond in order to be licensed. There are several other permit bonds required in Portland, Pendleton, Gresham, Crook County, Multnomah County and Washington County. Before starting work in those cities and counties be sure that you have met the proper permit requirements.