The City of Franklin requires a $10,000 right-of-way bond before you work in a city street, sidewalk, or public right-of-way. Ours is $300 flat — 3% of the bond amount, the same for every contractor. The application is five minutes, with no credit check on this bond.
















Municipal license bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit check section, no follow-up scavenger hunt.
Municipal license bonds like this are among the thousands of 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 the City of Franklin with your right-of-way permit application. 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 bond is a restoration-and-public-safety guarantee. When you trench, bore, or build in a Franklin right-of-way, the city wants a financial backstop that you'll restore the pavement and surface to its original condition and won't leave the public way damaged.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Franklin (the obligee), with the traveling public as the protected party. If the work isn't restored to city specification, or city property is damaged, the city can recover its repair costs against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. Contractors who restore the right-of-way 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.