Richmond excavation permit bonds.
Flat 3%. Soft pull.
Before you cut into a street or excavate in the public right-of-way, the City of Richmond, Indiana requires a project-specific excavation permit bond tied to your permit number. The City sets the amount per project — we issue it at a flat 3%, $275 minimum, with one soft credit pull that never affects your score.
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Three steps to your permit.
Your excavation permit is waiting on this bond. Here is the whole thing — no broker phone tag:
Apply online
Your business details, the City of Richmond permit number, the amount the City set, and an effective date. The only extra step is a one-time consent to a soft credit pull.
Reviewed & approved
Most of these clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
File with the City of Richmond
Pay online and receive the executed bond referencing your permit number, ready to file with the City’s Engineering / Public Works department before you break ground. Wet-ink originals mailed whenever the City insists.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure the City of Richmond set for your permit and the premium updates.
What it is and who needs it.
What the Richmond excavation bond covers
When work requires opening a public street, sidewalk, or right-of-way, the City of Richmond, Indiana issues a project-specific excavation permit and conditions it on a surety bond tied to that permit number. The bond is a guarantee to the City for that particular job.
It is a three-party arrangement: you (the principal), the surety carrier, and the City of Richmond (the obligee). The bond guarantees you will restore the right-of-way to City standards — backfill, repave, and repair — and covers the City’s cost if you leave the cut unfinished or out of spec.
It is not insurance for you — if the surety pays the City to repair your work, you repay the surety. Contractors who restore the cut to spec close the permit and release the bond. Enter the amount the City set and we issue it at a flat 3%.
You need this bond if you are
Five minutes. The whole thing.
These are the actual underwriting fields, including your permit number and a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
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Other New York bonds.
Richmond excavation bond, issued this week.
Five-minute application, flat 3%, $275 minimum, soft pull only. Enter the amount the City set and file before you break ground.