City of Yonkers street opening bonds.
$1,500. Five minutes.
Before you remove pavement or excavate a Yonkers street, the City Engineer requires a $50,000 performance bond posted with the Department of Public Works for the life of the permit. Ours is $1,500 flat — 3% of the penal sum — and the application is five minutes.
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Three steps. One sitting.
Permit bonds like this are the simplest thing in surety. Here's the entire process:
Apply online
Business details and an effective date. That is the application — no financials, no credit check section, no follow-up scavenger hunt.
Pay & e-sign
Fixed-amount municipal permit bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
File with Yonkers DPW
Your executed bond and power of attorney arrive by email, ready to post with the Department of Public Works for your street opening permit. Wet-ink original mailed on request.
The whole pricing page.
$50,000 bond × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
Yonkers does not let anyone remove pavement or disturb the surface of a city street — to lay pipe, run conduit, place building materials, or for any purpose — until a permit is issued by the City Engineer. The bond is a performance and restoration guarantee in the amount of $50,000, guaranteeing proper repair of the opening and of any city underground facilities you damage.
It is a three-party arrangement: you (the principal), the surety carrier, and the City of Yonkers (the obligee). If you leave a defective patch, damage a city sewer or water line, or fail to restore the street, the city can recover its repair costs against the $50,000 bond.
It is not insurance for you — if the surety pays the city, you repay the surety. The bond must stay posted with DPW for the life of the permit, so contractors who restore the street properly treat it as a permit formality.
You need this bond if you are
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 →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Yonkers street opening bond? +
Do I pay the $50,000? +
Who requires this bond? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
The City Engineer is waiting on one document.
$1,500 flat, five-minute application, bond often issued in the same sitting. Free until issued.