Not in Alabama? Browse bonds by state

City of Homewood paving bonds.
$100 flat.

The City of Homewood requires a $10,000 bond from contractors who pave or excavate in city streets and right-of-way. Ours is $100 flat — set by our carrier’s rate book for this bond, the same for every contractor. The bond issues the moment you pay, with no credit check.

✓
Required by the City of Homewood for paving and excavating in the public way
✓
Fixed amount, fixed price — $10,000 bond, $100, no quote process
✓
Multi-year terms available — set it up once for up to 3 years
A-ratedA.M. Best carriersInstantunderwriting process1–3 yrterms available
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 Homewood paving bond cost?

$100 at the $10,000 amount, the same for every applicant.

How it works

Three steps. One sitting.

Permit bonds like this are the simplest thing in surety. Here’s the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That is the application. No credit check.

MINUTES, USUALLY

Pay & e-sign

Permit bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with the City of Homewood

Your executed bond arrives by email, ready to file with your Homewood paving or excavating permit. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the Homewood paving bond guarantees

When a contractor cuts, paves, or excavates in a city street or right-of-way in Homewood — for a utility tie-in, a driveway approach, or roadwork — the City of Homewood requires a $10,000 bond before issuing the permit.

It is a three-party arrangement: you (the principal), the surety carrier, and the City of Homewood (the obligee). The bond guarantees you restore the pavement and right-of-way to the city’s standard and follow its excavation rules. If you leave damage the city has to fix, Homewood can recover against the bond.

It is not insurance for you — if the surety pays the city, you repay the surety. Contractors who patch and restore properly treat the bond as a permit formality. The amount is fixed at $10,000; we issue it at $100 flat, and no credit check.

City of Homewood right-of-way permittingThe City of Homewood requires this $10,000 bond as a condition of a paving or excavating permit in city streets and right-of-way, guaranteeing restoration of the public way. The bond amount is named in the bond; permit terms are set by the City of Homewood’s engineering/public works office. We do not cite a specific municipal code section we cannot verify — confirm details with the city.

You need this bond if you are

✓
A paving or excavating contractor working in City of Homewood streets
✓
A utility or plumbing contractor cutting pavement for a tie-in or service line
✓
Building a driveway approach or curb cut that disturbs the public right-of-way
✓
Pulling a Homewood right-of-way permit the city conditions on this bond
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 $10,000 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; a longer term is the same price per year, chosen at checkout.

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

File with the City of Homewood. Your executed bond arrives by email, ready to file with your Homewood paving or excavating permit. Wet-ink original mailed on request.

What sets the price

The premium is fixed at $100 at the $10,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.

No credit check.

One application, issued instantly.

These are the actual issuing fields. No credit check.

Start the application →
FAQ

Common questions.

How much is the City of Homewood paving or excavating bond?The premium is $100 flat — set by our carrier’s rate book for this specific bond, the same for every contractor. The $10,000 is set by the city, so there is no quote process.
Do I pay the $10,000?No. You pay $100. The $10,000 is the surety’s maximum liability to the city if a valid claim is made against the bond — not a deposit, and nobody holds your money.
What does the bond guarantee?That you restore the street and right-of-way you cut or paved, and follow the City of Homewood’s excavation rules. If you leave damage the city has to repair, Homewood can claim against the bond — and if the surety pays, you repay the surety.
Is there a credit check?No credit check: the application collects no credit information. Small fixed-amount permit bonds like this one don’t need any. Most applications approve instantly.
When does it renew?You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your bond stays current while you hold city paving or excavating permits.
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.
Related bonds

Other Alabama bonds.

Been told you need a different amount?

Price and requirements checked on the carrier’s application, . Page updated .

Finish your Homewood permit checklist today.

$100 flat, no credit check, bond often issued in the same sitting. Free until issued.

Your price$100
Apply now →