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City of Daphne franchise bonds.
From $100.

A hauler operating under the City of Daphne solid waste collection franchise agreement posts a bond guaranteeing it performs the franchise and pays the City what it owes. We issue it at premiums from $100 — enter the amount the City set, and your exact price appears at the application, with one soft credit pull that never affects your score.

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Required for the City of Daphne solid-waste collection franchise — annual franchise agreement
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Amount is set by the City of Daphne in your franchise agreement — confirm it on your contract
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One soft credit pull — never a hard inquiry, and it never affects your score
From $100priced by bond amountExactprice at the applicationSoft pull onlynever a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a City of Daphne franchise bond cost?

0.5% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps to franchised.

Your Daphne franchise agreement is waiting on this bond. Here is the whole thing — no broker phone tag:

TODAY · ONLINE

Apply once, online

Business details, owner information, the bond amount the City set, and the effective date — plus a one-time consent to a soft credit pull.

RIGHT AWAY

Approved

Most are approved as soon as you apply. One soft credit pull, never a hard inquiry, and it never affects your score. If it needs a second look, one to two business days at most.

WHEN YOU PAY

E-sign & file with the City of Daphne

Pay online and receive the executed bond ready to file with your solid waste franchise agreement. Wet-ink originals mailed whenever the City insists.

About this bond

What it is and who needs it.

What the franchise bond actually guarantees

The City of Daphne, in Baldwin County, grants franchises for solid waste collection within the city. A hauler operating under the city's annual franchise agreement is typically required to post a bond as a condition of the franchise.

The bond is a performance-and-payment guarantee to the City: it stands behind your obligation to collect waste on the terms of the franchise and to pay the City any franchise fees, penalties, or amounts owed under the agreement. If you default, the City can recover against the bond.

It is not insurance for you — if the surety pays the City, you repay the surety. Haulers who perform the franchise and pay their fees on time treat the bond as a contract formality. We issue it at premiums from $100 with a single soft credit pull — your exact price appears at the application.

City of Daphne — solid waste collection franchise agreementThe City of Daphne requires this bond as a condition of its solid waste collection annual franchise agreement; the bond amount and terms are set by the City in the franchise agreement. Confirm the required penal sum on your executed franchise agreement or with the City of Daphne.

You need this bond if you are

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A private hauler entering or renewing a City of Daphne solid waste franchise
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Bidding on the franchise the City conditions on a performance bond
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Renewing an annual franchise agreement whose prior bond is expiring
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Adding a service area under an amended Daphne franchise agreement
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

E-sign & file with the City of Daphne. Pay online and receive the executed bond ready to file with your solid waste franchise agreement. Wet-ink originals mailed whenever the City insists.

What sets the price

The premium is 0.5% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

One soft credit pull, never a hard inquiry, and it never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.

Start the application →
FAQ

Common questions.

How much is the Daphne solid waste franchise bond?Premiums are 0.5% of the bond amount, $100 minimum — priced by the amount, not a credit tier. The amount itself is set by the City of Daphne in your franchise agreement; enter that figure and your exact price appears at the application.
Who requires this bond?The City of Daphne requires it as a condition of its solid waste collection annual franchise agreement. The bond amount and terms are set by the City in that agreement.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. It does not set your price: premiums are priced at 0.5% of the bond amount, $100 minimum, shown at the application before you pay anything.
What does the bond guarantee?That you perform the solid waste collection franchise on its terms and pay the City any fees or amounts owed under the agreement. If you default and the City is harmed, it can recover against the bond — and if the surety pays, you repay the surety.
What amount should I enter?Use the penal sum named in your City of Daphne franchise agreement. If it is not stated, send us the agreement and we will confirm the amount before issuing.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

The City of Daphne is waiting on one document.

Premiums from $100, soft pull only. Enter the amount the City set and file the same day.

Your premiumfrom $100
Apply now →