Richmond excavation bonds.
$100 flat.
The City of Richmond, Indiana requires a fixed $10,000 blanket excavation permit bond to excavate in city streets and right-of-way under a blanket (annual) permit. Ours is $100 flat, issued instantly for most contractors. The bond issues the moment you pay — no credit check.
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How much does a Richmond excavation bond cost?
$100 at the $10,000 amount, the same for every applicant.
Three steps. One sitting.
A blanket excavation bond is one of the simplest things in surety. Here's the whole process:
Apply online
Business details and an effective date. No financials, no credit check.
Pay & e-sign
Permit bonds like this issue right after purchase.
File with the city
Your executed bond and power of attorney arrive by email, ready to file with your Richmond blanket excavation permit.
What it is and who needs it.
What the bond actually guarantees
A blanket excavation permit bond is a restoration guarantee to the city. A blanket permit lets you excavate in Richmond streets and right-of-way across many jobs under one authorization — the bond promises you'll restore every cut to city standard so the city isn't left repairing failed trenches.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Richmond, Indiana (the obligee). If an excavation fails or isn't restored, the city can claim against the bond.
The bond stays in force for the term of your blanket permit. We track expirations and send renewal notices ahead of any deadline so your annual permit doesn't lapse.
You need this bond if you're
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 city. Your executed bond and power of attorney arrive by email, ready to file with your Richmond blanket excavation permit.
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 Indiana bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Pull your Richmond blanket permit today.
$100 flat, no credit check, bond often issued in the same sitting. Free until issued.