City of Yonkers street opening bonds.
$500 flat.
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 $500 flat — the price you see is the checkout price. The bond issues the moment you pay — no credit check.
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How much does a City of Yonkers street opening bond cost?
$500 at the $50,000 amount, the same for every applicant.
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 credit check.
Pay & e-sign
Fixed-amount municipal permit bonds like this are among the thousands of bond types that issue right after purchase.
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.
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
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 $50,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The bond runs to December 31 whatever day you buy; the premium covers the period to that date.
Renewal falls on the statutory date, December 31, 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 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.
What sets the price
The premium is fixed at $500 at the $50,000 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 New York bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
The City Engineer is waiting on one document.
$500 flat, no credit check, bond often issued in the same sitting. Free until issued.