Smithfield road opening bonds.
From $100.
Before you open, cut, or excavate a road or other public way in Smithfield, the Town of Smithfield Department of Public Works requires a permit backed by a surety bond that guarantees you restore the pavement and right-of-way. Your permit names the amount, and premiums cost 1% of the bond amount, $100 minimum.
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How much does a Smithfield road opening bond cost?
1% 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 road opening bond — enter your amount, pay, and file with the town. Here is the whole thing:
Apply online
Your business details, the bond amount on your road opening permit, and the effective date — that is the application.
Issued
Most applications generate the executed bond as soon as you pay. No credit check up to $100,000. Larger amounts may get a brief review.
File with Smithfield Public Works
Submit the executed bond with your road opening permit application to the Town of Smithfield Department of Public Works. Wet-ink originals mailed on request.
What it is and who needs it.
What the Smithfield road opening bond actually covers
When you open, cut, or otherwise excavate a road, street, or other public way in Smithfield — for a utility tie-in, a drain or sewer connection, a driveway cut, or similar work in the public right-of-way — the Town of Smithfield requires a road opening permit conditioned on a surety bond.
The bond runs to the Town of Smithfield as obligee. It guarantees that you complete the work and restore the road surface, shoulder, and right-of-way to the town's standards, so the public way is left as good as you found it. If work is left unfinished or a patch fails, the town can draw on the bond to cover its own restoration cost.
It is not insurance for you — if the surety pays a claim, you repay the surety. There is no single statewide fee schedule for this permit; the Department of Public Works sets the required bond amount case by case, generally scaled to the size and location of the opening. Enter the figure your permit names; premiums are priced at 1% of that amount, $100 minimum, and no credit check up to $100,000.
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 Smithfield Public Works. Submit the executed bond with your road opening permit application to the Town of Smithfield Department of Public Works. Wet-ink originals mailed on request.
What sets the price
The premium is 1% of the bond amount, $100 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, then it issues.
Submit the application with the bond amount named on your road opening permit — no credit check up to $100,000, and most amounts price instantly.
Start the application →Common questions.
Other Rhode Island bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Smithfield road opening bond, priced today.
Premiums from $100. Enter the amount on your permit and file with the town the same day.
