City of Tulsa utility deposit bonds.
From $100.
The City of Tulsa lets a business post a surety bond in lieu of a cash utility deposit for water, sewer, and other city utilities — so you keep the cash and bond the amount instead. Premiums are 2% of the bond amount, with a $100 minimum, and your exact price appears at the application.
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How much does a City of Tulsa utility deposit bond cost?
2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard utility deposit bond — enter your amount, pay, and file with the city. Here is the whole thing:
Apply online
Your business details, the deposit amount the city required, and an effective date — that is the application.
Issued on the spot
Premiums are calculated at 2% of the bond amount, $100 minimum, and the executed bond generates as soon as you pay. Above $15,000, a soft pull may add a short review.
File with the City of Tulsa
Submit the executed bond to your Tulsa utility account in place of the cash deposit. Wet-ink originals mailed whenever the city insists.
What it is and who needs it.
What the utility deposit bond actually covers
When the City of Tulsa requires a deposit to open a commercial water, sewer, or utility account, it will generally accept a surety bond in lieu of cash. The bond guarantees payment of your utility charges up to the bond amount — so you keep your working capital instead of tying it up in a city deposit.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Tulsa (the obligee). If you leave unpaid utility charges, the city can recover against the bond up to its penal sum.
It is not insurance for you — if the surety pays the city, you repay the surety. We issue the amount the City of Tulsa set; premiums are 2% of that amount, with a $100 minimum.
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 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
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 Tulsa. Submit the executed bond to your Tulsa utility account in place of the cash deposit. Wet-ink originals mailed whenever the city insists.
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 $15,000. 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 on the spot.
Submit the application with the deposit amount the City of Tulsa set — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Oklahoma bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Keep your cash. Bond the deposit.
From $100, no credit check up to $15,000, most issued on the spot. Free until issued.