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Beaverton street opening bonds.
From $125.

Cutting, trenching or opening pavement in a City of Beaverton street needs a permit from the City Engineer under Beaverton Code 9.05.020, and BC 9.05.070 requires security for performance before the city lets you open the street. Premiums cost 1% of the bond amount plus a $25 fee, $125 minimum.

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Required under Beaverton Code 9.05.020 and 9.05.070 for any pavement cut, trench, or bore in a city street
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Sized to the City Engineer's estimated cost of restoring the pavement and street section you open
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No credit check up to $100,000 — above that, a soft pull at most, which never affects your score
1% of bond amount$125 minimum — priced by your amountNo credit check up to $100,000above that, a soft pull at most, never a hard inquiryFastinstant underwriting for most
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 Beaverton street opening bond cost?

1% of the bond amount plus a $25 fee, from $125. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No long underwriting queue for the standard street opening security — enter your amount, pay, and file with the City Engineer. Here is the whole thing:

TODAY · ONLINE

Apply online

Your details, the street cut or trench described on your permit, and the bond amount the City Engineer set.

USUALLY MINUTES

Approved

No credit check up to $100,000. Larger amounts may get a brief review before your 1%-of-amount premium, $125 minimum, is finalized.

SAME DAY

File with the City Engineer

Your executed bond and power of attorney arrive by email, ready to attach to your street opening permit. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the street opening bond actually guarantees

A street opening permit is Beaverton's term for the right-of-way permit issued specifically for cutting, trenching, or boring under a city street — the paving itself, not just the shoulder or sidewalk. It falls under the same Beaverton Code 9.05.020 permit requirement that governs all private work in a city right-of-way, and the same BC 9.05.070 security-for-performance rule applies.

Because opening a street disturbs the roadway surface itself, the City Engineer's cost estimate that sizes the bond typically reflects pavement restoration — patching, repaving, or full-width overlay — in addition to any utility work under the cut. The bond names the City of Beaverton as obligee and backs your promise to restore the pavement to city standards within the time the City Engineer sets.

If the restoration is left incomplete, or the patch fails and the city has to repair it, the city can draw on the bond to cover the cost. Enter the bond amount your street opening permit requires; we price it from a $125 minimum, and no credit check up to $100,000.

Beaverton Code 9.05.020, 9.05.070Beaverton Code 9.05.020 requires a permit from the City Engineer before any work, excavation, or pavement tampering in a right-of-way, easement, or other city property — which includes cutting or opening a city street. BC 9.05.070 (Security for Performance) requires the applicant to post a bond or other security, in an amount satisfactory to the City Engineer, to guarantee faithful performance of the permitted work, including restoration of the pavement, within the time the City Engineer specifies. Confirm your permit's exact required amount with the City Engineer's office.

You need this bond if you are

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A contractor or utility crew cutting, trenching, or boring under a Beaverton street
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A developer connecting a new site to city water, sewer, or storm infrastructure under a street
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Repairing a failed utility line that requires reopening previously patched pavement
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Installing conduit or fiber under city streets for a telecom or utility franchise holder
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 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 Engineer. Your executed bond and power of attorney arrive by email, ready to attach to your street opening permit. Wet-ink originals mailed on request.

What sets the price

The premium is 1% of the bond amount plus a $25 fee, $125 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, no credit check up to $100,000.

Submit the application with the street cut described on your permit and the bond amount the City Engineer set. No credit check up to $100,000.

Start the application →
FAQ

Common questions.

How much is the Beaverton street opening bond?Premiums cost 1% of the bond amount, with a $25 fee and a $125 minimum. The amount itself is set by the City Engineer under BC 9.05.070, typically sized to the estimated cost of restoring the pavement you cut. Enter your amount and your exact price appears at the application.
What amount should I enter?Enter the security figure the City Engineer specified on your street opening permit. It usually reflects the estimated cost of restoring the pavement section and any utility work under the cut. Ask the City Engineer's office if you have not yet applied for the permit.
What does the bond guarantee?It guarantees you restore the street pavement to city standards within the time the City Engineer sets. If the patch fails or the work is left incomplete and the city has to step in, it can draw on the bond to cover the repair.
Where do I file it?File the executed bond with the City of Beaverton City Engineer's office as part of your street opening permit application under BC 9.05.020. We send the executed bond and power of attorney by email the same day.
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.
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 .

Street opening permit waiting on one bond.

Premiums from $125. Enter the amount the City Engineer set and attach it to your permit today.

Your premiumfrom $125
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