Aspen multiple-occurrence maintenance bonds.
From $100.
The multiple-occurrence maintenance bond covers your repeated work in the City of Aspen right-of-way — each occurrence under the warranty — across a two-year term. 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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How much does an Aspen multiple-occurrence maintenance bond cost?
0.5% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
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:
Apply online
Your business details, the bond amount the City of Aspen required, and the effective date — that is the application.
Issued on the spot
No credit check up to $500,000. Above that, the carrier may run a soft pull, which never affects your score.
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 it is and who needs it.
What the maintenance bond actually guarantees
The City of Aspen requires a maintenance bond on right-of-way work to guarantee it holds up through the warranty period. The multiple-occurrence version is built for contractors doing repeated work — each occurrence is covered under the same 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. The multiple-occurrence form is the right fit when you work in the Aspen right-of-way repeatedly rather than on a single project.
You need this bond if you are
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 $500,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
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 →Common questions.
Other Colorado bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Cover your repeated 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.