The City of Oakwood requires a $10,000 performance and completion bond before you open or work in its public right-of-way. Ours is $300 flat — 3% of the bond amount, the same for every contractor. Five-minute application, and right-of-way bonds like this are among the fastest things we issue.
















Right-of-way bonds are about the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no scavenger hunt.
Small fixed right-of-way bonds like this are among the bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with Oakwood's right-of-way / street opening permit. Wet-ink original mailed on request.
$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.
A right-of-way performance and completion bond is a guarantee to the City of Oakwood that work you do in the public right-of-way — a street cut, a utility tap, a driveway apron, a sidewalk — gets completed and restored to the City's standards. Oakwood wants a financial backstop before it lets you disturb a public street or curb.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Oakwood (the obligee). If you abandon the work or leave a substandard patch, the City can recover against the bond to finish or repair it.
It is not insurance for you — if the surety pays the City, you repay the surety. Contractors who complete and restore their work properly treat the bond as a permit formality, not a risk.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.