Before the Town of Colchester accepts a private road for public use, § 109-11 of the Town’s road ordinance requires a maintenance bond equal to 10% of the Town Engineer’s approved cost estimate, or $2,500, whichever is greater. Premiums cost 1% of the bond amount, $100 minimum, and the application collects no credit information.
















Road acceptance bonds are simple to issue once the Town Engineer has set the estimate. Here is the whole thing:
Business or applicant details, the bond amount from the Town Engineer’s estimate (10% of it, or $2,500 minimum), and an effective date. No financials, no credit section.
Most road maintenance bonds at this size clear quickly; pricing is 1% of the bond amount, $100 minimum. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with your road acceptance petition for the Board of Selectmen’s approval. Wet-ink original mailed on request.
A private road built to serve a subdivision does not become a public Town road automatically. Under Colchester Code of Ordinances Chapter 109 (Roads), § 109-11, before the Board of Selectmen accepts a petitioned road for public use and maintenance, the petitioner must post a maintenance bond equal to 10% of the Town Engineer’s approved cost estimate for the road, or $2,500, whichever is greater, running for one year following acceptance.
It is a three-party arrangement: you (the principal), the surety carrier, and the Town of Colchester (the obligee), with future road users as the protected party. If a defect in the road surfaces during the one-year maintenance period and the petitioner does not correct it, the Town can draw on the bond to make repairs.
It is not insurance for you — if the surety pays a claim, you repay the surety. The Board of Selectmen approves the bond agreement and the Town Engineer sets the underlying cost estimate; confirm your figure with the Town before applying, and we issue the bond amount it requires.
These are the actual underwriting fields — no credit section, because this application does not collect credit information. Enter the bond amount from your Town Engineer’s estimate and your price appears immediately.
Start the application →From $100, no credit section. Enter your Town Engineer’s estimate and file with the Town the same day. Free until issued.