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Town of Addison excavation bonds.
From $100.
The Town of Addison requires an excavation performance-and-maintenance bond before you excavate in the town right-of-way. The town sets the amount on your permit; pricing is 2% of the bond amount, $100 minimum. This bond runs one soft credit pull, which never affects your score.
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Three steps. One sitting.
An excavation performance bond is simple once you know the amount the town requires:
Apply online
Enter the bond amount, the permit number, the address of the permitted work, your business details, and an effective date. The only extra step is a one-time consent to a soft credit pull.
Pay & e-sign
Most are approved as soon as you apply. One soft credit pull, never a hard inquiry, and it never affects your score. If it needs a second look, one to two business days at most.
File with the town
Your executed bond arrives by email, ready to file with the Town of Addison's Public Works / right-of-way permit office. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
An excavation performance-and-maintenance bond is a completion and restoration guarantee to the Town of Addison. When you excavate in the public right-of-way, the town wants assurance the work is completed to standard and the surface holds up through the maintenance period after backfill.
It's a three-party arrangement: you (the principal), the surety carrier, and the Town of Addison (the obligee). If you leave the right-of-way unrestored, or a backfilled cut settles or fails during the maintenance period, the town can recover its repair cost against the bond, up to the amount on your permit.
The bond must stay active through the permit and maintenance period. Let it lapse and the town can hold your permit — so we track it and notify you ahead of expiration. The town sets the amount; pricing starts from $100, after one soft credit pull that never affects your score.
You need this bond if you're
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 town. Your executed bond arrives by email, ready to file with the Town of Addison's Public Works / right-of-way permit office. Wet-ink original 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, one soft pull.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Enter the bond amount the town requires and your exact price appears.
Start the application →Common questions.
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Price and requirements checked on the carrier’s application, . Page updated .
Get your Addison excavation permit moving.
From $100, short application, soft pull only. Free until issued.