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University Park concrete bonds.
$100 flat.

The City of University Park requires a $10,000 concrete bond of contractors placing concrete in the public right-of-way — driveways, approaches, sidewalks, and curb work that ties into city infrastructure. Our carrier's rate book prices this bond at $100 flat. A quick soft credit check may apply — never a hard inquiry — and the bond is issued when you pay.

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Required for concrete work in the City of University Park right-of-way — driveways, sidewalks, curbs, approaches
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Fixed $10,000 amount set by the city — priced at $100 flat
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One soft credit pull — never a hard inquiry, and it never affects your score
A-ratedA.M. Best carriersInstantissued the moment you payTo Jan 1fixed expiry date
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
How it works

Three steps to filed.

Your concrete work is waiting on this bond. Here's the entire process — no broker phone tag:

TODAY · ONLINE

Apply once, online

Business details, owner information, effective date. The only extra step is a one-time consent to a soft credit pull. Pick the effective date you need — the bond has to be in force at the time you request the permit.

RIGHT AWAY

Approved

Most are approved as soon as you apply. Any credit check that runs is a soft pull that never affects your score. If it needs a second look, one to two business days at most.

WHEN YOU PAY

E-sign & file with the City of University Park

Pay online and receive the executed bond ready to file with the city's Public Works department. Wet-ink originals mailed whenever the city insists.

About this bond

What it is and who needs it.

What the concrete bond actually guarantees

The City of University Park requires a $10,000 bond of contractors placing concrete that ties into the public right-of-way — driveway approaches, sidewalks, curbs, and gutters. The bond is a guarantee to the city that the concrete work meets city specifications and that the right-of-way is left in proper condition.

It's a three-party arrangement: you (the principal), the surety carrier, and the City of University Park (the obligee). If your concrete work fails city inspection, damages city infrastructure, or isn't restored to spec, the city can recover against the bond.

It is not insurance for you — if the surety pays the city, you repay the surety. Under the city's ordinance the bond is a continuing obligation against the surety, and it carries a one-year maintenance obligation running from the date the work is completed.

City of University Park Code of Ordinances § 3.14.034 — BondCity of University Park Code of Ordinances § 3.14.034 bars anyone from constructing, reconstructing, or repairing a sidewalk, curb, gutter, or driveway approach in the city without delivering to the city a $10,000 bond with a corporate surety authorized to do business in the state. The bond is conditioned on workmanlike construction, compliance with the building code, indemnity of the city, and a one-year maintenance obligation running from the date of the work, and it is a continuing obligation against the surety until the amount is exhausted. No permit is granted unless that bond is in full force and effect — confirm the current amount on your permit, and we'll issue to match.

You need this bond if you're

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A concrete contractor placing concrete in the City of University Park right-of-way
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Building driveway approaches sidewalks, curbs, or gutters tied to city infrastructure
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Renewing an expiring bond so a bond stays on file before you request your next permit
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An out-of-town concrete crew taking work inside University Park city limits
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 $10,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The bond runs to January 1 whatever day you buy; the premium covers the period to that date.

Renewal falls on the statutory date, January 1, in the year your term ends.

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

E-sign & file with the City of University Park. Pay online and receive the executed bond ready to file with the city's Public Works department. Wet-ink originals mailed whenever the city insists.

What sets the price

The premium is fixed at $100 at the $10,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or 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, issued instantly.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is issued when you pay.

Start the application →
FAQ

Common questions.

How much is the University Park concrete bond?The premium is $100 flat — set by our carrier's rate book for the fixed $10,000 bond amount, the same for every concrete contractor. There is no quote process.
Do I pay the $10,000?No. You pay $100. The $10,000 is the surety's maximum liability to the city if a valid claim is made against the bond — not a deposit, and nobody holds your money.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. It's the only extra step beyond the application, and it informs approval, not price. The price stays $100 either way.
When does the bond have to be in force?Under § 3.14.034, no permit for sidewalk, curb, gutter, or driveway-approach work is granted unless the bond is in full force and effect at the time you request the permit and do the work. The bond also carries a one-year maintenance obligation that runs from the date the work is completed.
What does the bond guarantee?That your concrete work in the right-of-way meets city spec and that the right-of-way is restored properly. If it fails and the city is harmed, it can claim against the bond — and if the surety pays, you repay the surety.
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 .

Concrete bond, ready to file.

$100 flat, short application, bond issued when you pay. Free until issued.

Your price$100
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