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Gresham right-of-way bonds.
From $100.

A contractor or developer doing construction that inhibits or uses a public right-of-way in the City of Gresham needs a right-of-way permit from the city's Engineering Division and, unless the city waives it, a performance and completion bond naming the city as obligee. Premiums cost 2% of the bond amount, $100 minimum.

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Required by the City of Gresham Engineering Division as a condition of the right-of-way permit, unless the city waives it
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Sized to the city's estimated cost of restoring the right-of-way after your construction, with a margin the Engineering Division sets
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One soft credit pull — never a hard inquiry, and it never affects your score
2% of bond amount$100 minimum — priced by your amountSoft pull onlynever 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 Gresham right-of-way bond cost?

2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No long underwriting queue for the standard right-of-way performance bond — enter your amount, pay, and file with the Engineering Division. Here is the whole thing:

TODAY · ONLINE

Apply online

Your details, the construction described on your right-of-way permit, the bond amount the Engineering Division set, and a one-time credit consent that authorizes a soft pull only.

USUALLY MINUTES

Approved

Most Gresham right-of-way bonds clear quickly — the soft pull informs approval and never affects your score. Larger amounts may get a brief review before your 2%-of-amount premium, $100 minimum, is finalized.

SAME DAY

File with the Engineering Division

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

About this bond

What it is and who needs it.

What the Gresham right-of-way bond actually guarantees

Gresham's streets, sidewalks, and utility corridors are city property, regulated under the parks-and-streets provisions of the Gresham Revised Code. Any contractor or developer whose construction inhibits or uses a public right-of-way — road repairs, utility installation, sidewalk expansion, and similar infrastructure work — needs a right-of-way permit from the city's Engineering Division before starting.

As a condition of that permit, unless the permit itself waives it, the applicant furnishes a performance and completion bond: a financial guarantee between the contractor, the surety, and the City of Gresham that the permitted work will be completed in a timely manner and the public area restored to its condition before construction. The Engineering Division sizes the bond to its estimated cost of restoring the right-of-way once the work is done, with a margin to make sure the city is never left covering a shortfall.

If the city is not made whole after a contractor violation — unfinished work, a failed restoration, or damage the contractor won't repair — the city can file a claim on the bond. Enter the amount your right-of-way permit requires; we price it from a $100 minimum after a one-time soft pull that never affects your credit score.

City of Gresham Engineering Division — right-of-way permit conditions (Gresham Revised Code, Parks & Streets)Gresham requires a right-of-way permit from its Engineering Division before construction that inhibits or uses a public right-of-way, under the parks-and-streets provisions of the Gresham Revised Code. Unless waived on the permit itself, the applicant must furnish insurance and a performance and completion bond as a permit condition, sized by the Engineering Division to its estimated cost of restoring the right-of-way. Confirm your permit's exact required amount with the City of Gresham Engineering Division.

You need this bond if you are

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A contractor performing road repair, utility installation, or sidewalk work in a Gresham right-of-way
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A developer whose site construction requires access to or work within a public right-of-way
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A utility crew installing or repairing lines under a Gresham street or easement
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Applying for a Gresham right-of-way permit that the Engineering Division has not waived the bond condition on
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 Engineering Division. Your executed bond and power of attorney arrive by email, ready to attach to your right-of-way permit. Wet-ink originals mailed on request.

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.

One soft credit pull, never a hard inquiry, and it never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, then a quick review.

Submit the application with the construction described on your right-of-way permit and the bond amount the Engineering Division set. The application includes a credit consent that authorizes a soft pull only.

Start the application →
FAQ

Common questions.

How much is the Gresham right-of-way performance and completion bond?Premiums cost 2% of the bond amount, with a $100 minimum. The amount itself is set by the Engineering Division, sized to the city's estimated cost of restoring the right-of-way once your work is finished. Enter your amount and your exact price appears at the application.
What amount should I enter?Enter the bond amount the Engineering Division specified on your right-of-way permit. If you have not yet applied for the permit, ask the Engineering Division for the estimated restoration figure before requesting the bond.
What does the bond guarantee?It guarantees your permitted construction is completed on time and the right-of-way restored to its condition before your work started. If the city has to complete or repair it themselves, they can file a claim on the bond.
Where do I file it?File the executed bond with the City of Gresham Engineering Division as part of your right-of-way permit. We send the executed bond and power of attorney by email the same day, ready to attach.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. No hard inquiry ever runs on this bond, and 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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Right-of-way permit waiting on one bond.

Premiums from $100. Enter the amount the Engineering Division set and attach it to your permit today.

Your premiumfrom $100
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