The Town of Palisade requires a $5,000 bond to pull a right-of-way / excavation permit — the permit you need to cut pavement, trench, or work in the Town's streets and public right of way. The amount is set by the Town; our premium is the $275 minimum, because 3% of $5,000 is $150. Five-minute application, no credit check.
















Right-of-way permit bonds are about the simplest thing in surety. Here's the entire process:
Business details, a short description of the work, and an effective date. That's the application — no financials, no credit check section.
Small fixed permit bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to submit with your Town of Palisade right-of-way permit application. Wet-ink original mailed on request.
$5,000 bond × 3% = $150, which is below our $275 minimum — so the premium is $275 per term. Fixed amount, fixed price, multi-year if you want it.
A right-of-way permit bond is a restoration guarantee. When you trench, bore, or cut pavement in the Town of Palisade's streets and public right of way, the Town wants a financial backstop that you'll restore the road, sidewalk, or utility cut to its required standard and won't leave a hazard behind.
It's a three-party arrangement: you (the principal), the surety carrier, and the Town of Palisade (the obligee), acting through its Public Works department. If the work damages Town property or the cut isn't restored to spec, the Town can recover its repair costs against the bond up to $5,000.
The bond must stay active while your permit is open. Let it lapse and the Town can pull the permit or refuse to issue new ones — so we track it and send renewal notices 60 and 30 days out, keeping your $5,000 filing continuous.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$275 flat, five-minute application, bond often issued in the same sitting. Free until issued.