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Aspen blanket maintenance bonds.
From $100. Two-year term.

A maintenance bond guarantees your completed work in the City of Aspen right-of-way holds up through the warranty period. The blanket version covers all your Aspen work under one two-year bond. The City sets the amount; the premium is 0.5% of the bond amount, $100 minimum, and your exact price appears at the application.

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Filed with the City of Aspen Engineering Department for ongoing right-of-way work
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Two-year warranty term — covers your completed work across multiple jobs
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0.5% of the bond amount, $100 minimum — enter the amount the City set and apply to see your exact price
0.5% rate$100 minimum premiumNo credit check up to $100,000larger amounts not checked for every entity type2-yearterm
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 an Aspen blanket maintenance 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. One sitting.

No underwriting queue for the standard maintenance bond — enter your amount, pay, and file with the City. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount the City of Aspen required, and the effective date — that is the application.

INSTANTLY, USUALLY

Issued on the spot

No credit check up to $100,000.

SAME DAY

File with the City of Aspen

Submit the executed bond to the City of Aspen Engineering Department. Wet-ink originals mailed whenever the City insists.

About this bond

What it is and who needs it.

What the maintenance bond actually guarantees

The City of Aspen requires a maintenance bond on work done in its right-of-way — paving, utility cuts, and similar — to guarantee the work holds up through the warranty period rather than failing and leaving the City to repair it. The blanket version covers all of your Aspen work under one two-year bond.

It's a three-party arrangement: you (the principal), the surety carrier, and the City of Aspen (the obligee). If your completed work fails within the maintenance period and you don't fix it, the City can recover its repair cost against the bond.

It is not insurance for you — if the surety pays the City, you repay the surety. Contractors whose work holds up treat the maintenance bond as a closeout formality.

City of Aspen Engineering — maintenance / warranty bondThe City of Aspen requires a maintenance (warranty) bond on completed right-of-way and construction work as a condition of its permits, with the amount and term set by the City of Aspen Engineering Department. This is the blanket, two-year version covering ongoing work. Confirm the amount and term required for your work with the City.

You need this bond if you are

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Doing ongoing right-of-way work in the City of Aspen
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Closing out paving or utility work that carries an Aspen warranty period
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A contractor with multiple Aspen jobs who prefers one blanket bond
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Renewing a maintenance bond whose two-year term is expiring
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

File with the City of Aspen. Submit the executed bond to the City of Aspen Engineering Department. 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.

No credit check up to $100,000.

One application, price at the end.

Submit the application with the amount the City of Aspen set — your exact premium, from $100, appears before you pay.

Start the application →
FAQ

Common questions.

How much is the Aspen blanket maintenance bond?The premium is 0.5% of the bond amount, $100 minimum, for the full two-year term. The amount is set by the City of Aspen; your exact price appears at the application.
What does a maintenance bond guarantee?That your completed work in the Aspen right-of-way holds up through the warranty period. If it fails and you do not repair it, the City can recover its repair cost against the bond.
Why blanket instead of single-project?A blanket bond covers all of your Aspen work under one two-year bond, instead of posting a separate maintenance bond for each project. If you have one job, the single-project bond may be cheaper.
Is there a credit check?No credit check up to $100,000. Larger amounts were not checked for every entity type. Most applications approve instantly.
How long is the term?Two years, matching the City of Aspen maintenance period for this bond. We send renewal notices 60 and 30 days before it expires.
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 Colorado bonds.

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

Close out your Aspen work today.

From $100, two-year term, short application. Enter the amount the City set and see your exact price before you file the same day.

Your premiumfrom $100
Apply now →