Contractors in Denison must file a $10,000 Right of Way Bond or a $1,000 Sidewalk Contractor Bond before they can begin the work they are getting a permit for. These bonds offer the City of Denison financial assurance that a contractor’s actions will not leave the work sites unfinished.
The cost of your Denison Right of Way Bond or Sidewalk Contractor Bond is just $100 per year with Jet guaranteed.
Bond Type | Cost |
---|---|
Right of Way Bond | $100 |
Sidewalk Contractor Bond | $100 |
Other license and permit bonds may be required by the City of Denison; if the surety bond has a limit that is more than $25,000, the price will start at $125 and will require a credit check.
Once your payment is processed, Jet will go ahead and complete your bond for you. You can select whether you want Jet to mail it in for you or request that it is sent to you. You will need to file the bond here:
City of Denison
300 W Main
Denison, TX 75020
These bonds are a requirement for a permit. A Right of Way Bond must be held for the duration of the construction, excavation, or other work occurring in Denison sidewalks, boulevards, alleys, easements, or other public ways.
For initial construction of sidewalks, curbs, drives, or gutters, the Sidewalk Contractor Bond is required. Both bonds must be in place during construction and an additional two (2) years afterwards. As a contractor in Denison, you need to take care of any maintenance or repairs up to two years after the job is completed.
A claim can be made on the bond for any negligence in fulfilling the contract or any faulty materials used. The City will give notice and an opportunity to take corrective action as needed, so you have a chance to make it right before the bond gets tapped. If the claim goes through and is found to be valid, Jet will have to pay out the bond and you will be responsible for paying Jet back to restore the bond.
Other licenses or permits in Denison may require a surety bond, too. Here are some bonds that are found in the Denison Code of Ordinances. If you need any of the ones listed below, give Jet a call at (855) 296-2663 to apply over the phone.