Richmond excavation bonds.
$300. Five minutes.

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 $300 flat — 3% of the bond amount — and the application takes about five minutes.

Required for a Richmond blanket excavation permit — contractors doing ongoing city street work
Fixed price, fixed amount — $10,000 bond, $300, 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.

A blanket excavation bond is one of the simplest things in surety. Here's the whole process:

NOW · 5 MINUTES

Apply online

Business details and an effective date. No financials, no credit check section.

MINUTES, USUALLY

Pay & e-sign

Permit bonds like this issue right after purchase. At most, 1–2 business days.

SAME DAY

File with the city

Your executed bond and power of attorney arrive by email, ready to file with your Richmond blanket excavation permit.

The whole pricing page.

$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$300
2-year term
$600
3-year term
$900
About this bond

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.

City of Richmond excavation permittingThe City of Richmond, Indiana requires a $10,000 blanket excavation permit bond as a condition of holding a blanket (annual) excavation permit; the bond amount and restoration terms are set by the city department that issues excavation permits. The $10,000 penal sum is fixed on the city application.

You need this bond if you're

A utility or excavation contractor working Richmond streets across many jobs
Holding a blanket excavation permit with the City of Richmond
A paving or site contractor doing ongoing right-of-way work
An out-of-area contractor taking on recurring Richmond excavation work

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 Richmond blanket excavation permit bond? +
The premium is $300 — a flat 3% of the fixed $10,000 bond amount, the same for every contractor. The $10,000 is set by the city, so there is no quote process.
Do I pay the $10,000? +
No. You pay $300. The $10,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit.
How fast will I have the bond? +
Permit bonds like this issue right after purchase for most contractors — often 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. Small fixed-amount permit bonds like this one don't need one.
When does it renew? +
The bond must stay active for the term of your blanket 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.

Pull your Richmond blanket permit today.

$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$300
Apply now →