Everything You Need to Know About Road and Sewer Bonds

Everything You Need to Know About Road and Sewer Bonds When securing a road or sewer bond, it’s important to understand how surety bonds differ from insurance. While often mistaken for insurance, a road or sewer bond is actually a financial guarantee between three parties, the developer, the local authority, and the surety provider, ensuring…

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How Much Do Road and Sewer Bonds Cost?

How Much Do Road and Sewer Bonds Cost? If you need a Road or Sewer Bond, you need to know about the cost aspects before you put in your application. Generally, both Road and Sewer Bonds are calculated as a percentage of the contract value, however, there are no fixed costs for Road and Sewer…

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