Prospect right-of-way bonds.
$100 flat.
The Town of Prospect requires a $10,000 bond before you open or work within the public right-of-way — for utility cuts, driveway aprons, or excavation in a town street. Ours is $100 flat. The bond issues the moment you pay — no credit check.
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How much does a Prospect right-of-way bond cost?
$100 at the $10,000 amount, the same for every applicant.
Three steps. One sitting.
Right-of-way permit bonds are the simplest thing in surety. Here’s the entire process:
Apply online
Business details and an effective date. That is the application. No credit check. Most applications approve instantly.
Pay & e-sign
Small fixed municipal bonds like this issue right after purchase in most cases.
File with the Town
Your executed bond arrives by email, ready to file with the Town of Prospect for your right-of-way permit. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A right-of-way permit bond is a municipal-protection guarantee. When you open a Prospect street or work within the public right-of-way, the Town wants a financial backstop that you’ll restore the road surface and not leave the public way damaged or unsafe.
It’s a three-party arrangement: you (the principal), the surety carrier, and the Town of Prospect (the obligee). If you fail to backfill, repave, or restore a cut to the town’s standard — or you damage town property — the Town can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Contractors who restore their cuts and follow the town’s standards treat the bond as a permit formality, not a risk.
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 $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 Town. Your executed bond arrives by email, ready to file with the Town of Prospect for your right-of-way 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 →Common questions.
Other Connecticut bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Finish your Prospect permit today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.