Greenwood excavation bonds.
$150 flat.
To excavate within the City of Greenwood right-of-way, you must file a $15,000 excavation permit bond with the city. Ours is $150 flat, issued instantly — the price you see is the checkout price, the same for every contractor. The bond issues the moment you pay — no credit check.
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How much does a Greenwood excavation bond cost?
$150 at the $15,000 amount, the same for every applicant.
Three steps. One sitting.
Permit bonds are about the simplest thing in surety. Here is the entire process:
Apply online
Business details and an effective date. That is the application. No credit check.
Pay & e-sign
Fixed-amount permit bonds like this are among the thousands that issue right after purchase.
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.
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.
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 $15,000 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 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.
What sets the price
The premium is fixed at $150 at the $15,000 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 Indiana bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Excavation permit bond, issued today.
$150 flat, no credit check, bond often issued in the same sitting. Free until issued.