What is a Jacksonville Right of Way Surety Bond?
A Jacksonville right of way surety bond is required by the City of Jacksonville for those businesses who want to disturb, excavate, or perform work in the city’s right-of-ways, easements, or public roads. There are commonly required of newly-built businesses wanting to connect to public roads. This process usually requires the new business to disturb existing roads or easements.
Why do I need a Jacksonville Right of Way Surety Bond?
The right of way surety bond is required to make sure public roads are returned to their previous condition. New construction often means installing underground utilities and new entrances to the property. The City of Jacksonville wants to ensure that these improvements are performed according to the permit application. This surety bond provides monetary relief to the city in the case where improvements are not carried out according to plan.
What Jacksonville Right of Way Surety Bond amount do I need?
The surety bond amount is set at $5,000.
How much does a Jacksonville Right of Way Surety bond cost?
The right of way surety bond cost generally ranges from $100-200. However, those applicants with bad credit may pay a higher premium in the range of $200-500 annually.
What else does the Jacksonville Right of Way Surety bond protect against?
The right of way surety bond can offer reimbursement for costs related to damage incurred by other property owners. Additionally, it can provide payment for setting up warning signals, barricades, and other methods meant to protect against safety hazards. These costs must be the result of the applicant’s failure to restore to any public road or right-of-way it has damaged or disturbed in the City of Jacksonville. Lastly, the bond can offer funds for damages caused by the applicant’s failure to comply with Jacksonville Ordinance Section 744.110.
How do I apply for a Jacksonville Right of Way Surety Bond?
- Complete our online Jacksonville Right of Way Surety Bond application, or
- Download and complete our printable Jacksonville Right of Way Surety Bond application, and
- Receive your surety bond quote in minutes!