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City of Kent franchise bonds.
From $100.

The City of Kent, Washington requires a franchise bond from utilities and franchisees that operate facilities in its rights-of-way. Pricing depends on the amount the City sets in your franchise agreement — most applicants land from $100, with your exact price shown at the application.

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Required by the City of Kent of franchisees operating in its rights-of-way
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From $100 — priced to the amount the City sets in your franchise agreement
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One soft credit pull — never a hard inquiry, and it never affects your score
A-ratedA.M. Best carriersSoft pull onlynever a hard inquiry2.5%of the bond amount, $100 minimum
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 City of Kent franchise bond cost?

2.5% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

Franchise bonds are straightforward. Here's the process:

NOW · ONLINE

Apply online

Enter the bond amount from your Kent franchise agreement, your business details, and consent to a soft credit check. It's a soft pull only — it never touches your score.

MINUTES TO HOURS

Pay & e-sign

Most applicants clear the soft pull and issue the same day. Issued when you pay. One soft credit pull, never a hard inquiry, and it never affects your score.

SAME DAY

File with the City

Your executed bond and power of attorney arrive by email, ready to file with the City of Kent for your franchise. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

A franchise bond is a performance and restoration guarantee. When the City of Kent grants you a franchise to operate utility facilities in its rights-of-way, it wants a financial backstop that you'll comply with the franchise terms, restore the right-of-way after work, and indemnify the City.

It's a three-party arrangement: you (the principal), the surety carrier, and the City of Kent (the obligee). If you breach the franchise — damaging the right-of-way, failing to restore, or violating the agreement — the City can recover against the bond, and you repay the surety.

The amount is set by the City in your franchise agreement, sized to the scope of your facilities and work. You enter that number; your price is calculated from it, starting from $100.

City of Kent franchise agreementThe City of Kent, Washington requires a franchise (performance/restoration) bond as a condition of a utility franchise to operate in its rights-of-way; the bond amount and conditions are set by the City of Kent in the franchise agreement / ordinance. We name the City of Kent as obligee exactly as the franchise requires.

You need this bond if you're

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A utility or franchisee operating in Kent’s rights-of-way — the bond is a franchise condition
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A telecom, fiber, or pipeline operator placing facilities in the City’s right-of-way
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Renewing or extending a franchise and your bond is expiring
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Replacing a lapsed or non-renewed bond the City flagged on your franchise
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 City. Your executed bond and power of attorney arrive by email, ready to file with the City of Kent for your franchise. Wet-ink original mailed on request.

What sets the price

The premium is 2.5% 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 issuing fields. The credit consent is a soft pull — it never affects your score.

Start the application →
FAQ

Common questions.

How much is the City of Kent franchise bond?Pricing depends on the bond amount the City sets in your franchise agreement — most applicants land from $100. Your exact price is calculated at the short application before you pay.
What bond amount do I enter?Enter the amount the City of Kent set in your franchise agreement or ordinance. It’s sized to the scope of your facilities and work in the right-of-way.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. We use it to confirm eligibility.
How fast will I have the bond?Most applicants clear the soft pull and issue the same day. Issued when you pay. One soft credit pull, never a hard inquiry, and it never affects your score.
Do I pay the full bond amount?No. You pay the premium shown at application. The bond amount is the surety's maximum liability if the City makes a valid claim — not a deposit.
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.
Related bonds

Other Washington bonds.

Price and requirements checked on the carrier’s application, . Page updated .

Get your Kent franchise bond today.

From $100, short application, soft pull only. Free until issued.

Your premiumfrom $100
Apply now →