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Binghamton single-job ROW bonds.
From $100.

For a one-time right-of-way job, the City of Binghamton requires a single-job bond covering that specific street-opening permit — rather than an annual blanket bond. The City sets the amount; premiums start from $100 — your exact price appears at the application, and the premium is 2% of the bond amount, $100 minimum.

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Required by the City of Binghamton for a single street-opening / right-of-way permit
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Covers one specific job — not an annual blanket bond
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From $100 — enter the required amount and see your exact price in the application
From $1002% of bond amount, $100 minExactprice at the applicationNo credit check up to $100,000above that, a soft pull at most, never a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does a Binghamton single-job ROW bond cost?

2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No underwriting queue for a single-job bond — enter your amount, pay, and file with the City. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount the City required, and the effective date — that is the application.

INSTANTLY

Issued on the spot

No credit check up to $100,000, and most applicants are approved and issued as soon as they pay.

SAME DAY

File with the City of Binghamton

Submit the executed bond with your right-of-way permit application to the City. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

The City of Binghamton controls work in its streets and rights-of-way through permits issued by the City's engineering / public works function. A single-job bond covers one specific permit — it is a restoration guarantee backing your obligation to repair and restore the right-of-way you disturb.

It's a three-party arrangement: you (the principal), the surety carrier, and the City of Binghamton (the obligee). If you leave the cut unrestored or restoration fails, the City can recover against the bond to make the repair.

It is not insurance for you — if the surety pays the City, you repay the surety. A single-job bond is the right choice when you have one permit, not a year of work.

City of Binghamton — right-of-way / street-opening permitThe City of Binghamton requires this bond as a condition of a single-job right-of-way / street-opening permit; the bond amount and terms are set by the City department that administers the permit. We did not locate a published ordinance number for the bond amount, so confirm the required penal sum on your City permit paperwork — enter that figure above.

You need this bond if you're

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A contractor with a single City of Binghamton right-of-way / street-opening permit
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A utility or its sub opening a City street for one specific job
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A site or paving contractor the City conditioned a single permit on a bond
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Not doing enough City work to justify an annual blanket right-of-way bond
After you buy

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 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The carrier issues this bond for a single two-year term; the term cannot be changed at checkout.

Renewal falls on the statutory date, October 8, in the year your term ends.

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 Binghamton. Submit the executed bond with your right-of-way permit application to the City. Wet-ink originals mailed on request.

What sets the price

The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

No credit check up to $100,000. Above that, the carrier may run a soft pull, which never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued instantly.

These are the actual issuing fields. No credit check up to $100,000.

Start the application →
FAQ

Common questions.

How much is the Binghamton single-job right-of-way bond?Premiums start from $100 and depend on the bond amount the City required. Enter the penal sum from your permit and see your exact price in the application — the premium is 2% of the bond amount, with a $100 minimum.
How is this different from an annual right-of-way bond?A single-job bond covers one specific permit, not a year of work. If you do recurring City work, an annual blanket bond may be cheaper overall — ask us.
Do I pay the full bond amount?No. You pay the premium shown in your application. The bond amount is the surety's maximum liability to the City if you fail to restore the right-of-way.
Is there a credit check?No credit check up to $100,000. Above that, the carrier may run a soft pull, which never affects your score. Most applications approve instantly.
How fast will I have the bond?Usually in the same sitting — the bond issues as soon as you pay.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Price and requirements checked on the carrier’s application, . Page updated .

File your Binghamton single-job bond today.

From $100, no credit check up to $100,000, bond often issued in the same sitting. Free until issued.

Your premiumfrom $100
Apply now →