California – San Francisco Street Excavation Bond
AmeriPro Surety Bonds | 844-589-9732
Excavation – Licensing; Surety Bond Amount & Purpose
Excavation permits in San Francisco are granted by the city’s Public Works department.
The permit allows for working on sidewalks, roads, and other public right of ways for the purpose of constructing, repairing or replacing utilities.
The city requires excavator contractors to obtain a $25,000 surety bond (this is the minimum amount). The bond is for the benefit of the city of San Francisco and the Department of Public Works.
The surety bond serves as a financial guarantee that excavation work performed will be up to Code; and that this guarantee is for a period of 3 years from the completion of the work performed.
Qualifying and the Premium
You and your company are automatically approved for the $25,000 San Francisco street excavation bond. There is no underwriter review nor a credit check inquiry, and the premium is $250 annually.
When you call us, we’ll take the application from you over the phone.
The application just consists of your telling us that name that should appear on your surety bond. This name will not necessarily be your name, but should match any other permit applications you’ll be submitting to the Public Works Dept.
After payment of the premium, our agency issues you the following:
A surety bond, which will be notarized by us as Surety, and a Power of Attorney form. Upon receipt of your original documents, you’ll sign your surety bond as Principal, and file it to:
City and County of San Francisco
Public Works Department
1 Dr. Carlton B. Goodlet Place
San Francisco, CA 94102
Premium Prepayment Options
Your San Francisco street excavation bond is issued for a standard one year period, but may also be prepaid by you for 3 years.
Doing so offers you a savings over annual renewals. The premium prepayment option and savings are as follows:
- If prepaid for 2 years, the premium is $450, a $50 savings;
- If prepaid for 3 years, the premium is $650, a $100 savings.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, probate, and other surety bonds in California and all 50 states.
Please call our agency today at:
Or, you may fill out the form below and a Surety Agent will contact you…