Greenwood excavation bonds.
$450 flat. Five minutes.

To excavate within the City of Greenwood right-of-way, you must file a $15,000 excavation permit bond with the city. Ours is $450 flat — 3% of the bond amount, the same for every contractor. The application is five minutes, with no credit check on this bond.

Required by the City of Greenwood to excavate in the city right-of-way under its excavation permit
Fixed amount, fixed price — $15,000 bond, $450, no quote process
Multi-year terms available — set it up once for up to 3 years
A-ratedA.M. Best carriersFastoften same purchase1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

Permit bonds are about the simplest thing in surety. Here is the entire process:

NOW · 5 MINUTES

Apply online

Business details and an effective date. That is the application — no financials and no credit check section.

MINUTES, USUALLY

Pay & e-sign

Fixed-amount permit bonds like this are among the thousands that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with the City of Greenwood

Your executed bond arrives by email, ready to file with the City of Greenwood for your excavation permit. Wet-ink original mailed on request.

The whole pricing page.

$15,000 bond × 3% = $450, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$450
2-year term
$900
3-year term
$1,350
About this bond

What it is and who needs it.

What the excavation bond guarantees

The City of Greenwood conditions an excavation permit on a $15,000 bond when you dig within the city right-of-way. The bond stands behind your promise to backfill, repave, and restore the right-of-way to city specifications after the excavation.

It is a three-party arrangement: you (the principal), the surety carrier, and the City of Greenwood (the obligee). If an excavation is left unrestored or the restoration fails, the city can recover against the bond to fix it.

It is not insurance for you — if the surety pays the city, you repay the surety. Contractors who restore the right-of-way properly treat the bond as a permit formality, and we keep your $15,000 filing continuous.

City of Greenwood (Engineering / Public Works)The City of Greenwood, Indiana requires a $15,000 surety bond as a condition of its excavation permit for work in the city right-of-way; the bond amount and restoration terms are set by the City of Greenwood Engineering / Public Works department. Confirm permit details with the city — we issue the executed $15,000 bond.

You need this bond if you are

Excavating in the City of Greenwood right-of-way under a city excavation permit
A contractor pulling a Greenwood excavation permit the city conditions on a bond
A utility or its contractor trenching or boring along a Greenwood street
Restoring an excavation the city requires you to guarantee

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn’t have one.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Greenwood excavation bond? +
The premium is $450 — a flat 3% of the fixed $15,000 bond amount, the same for every contractor. The $15,000 is set by the city, so there is no quote process.
Do I pay the $15,000? +
No. You pay $450. The $15,000 is the surety’s maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
How fast will I have the bond? +
Fixed-amount permit bonds like this issue fast — many contractors finish the application and have the bond in the same sitting. At most, 1–2 business days.
Is there a credit check? +
Not on this bond — the application has no credit section at all. Fixed-amount permit bonds like this one don’t need one.
When does it renew? +
The bond must stay active for as long as the City of Greenwood requires it for your permit. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available.
Related bonds

Other New York bonds.

Excavation permit bond, issued today.

$450 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$450
Apply now →