Colorado – El Paso Right of Way Contractor Bond
AmeriPro Surety Bonds | 844-589-9732
Colorado – Contractors in El Paso County
Contractors conducting business in El Paso County from air condition to general contractors, to tree clearing (and many other categories), must be licensed by the county. The Pikes Peak Regional Building Department provides information on licensing.
A surety bond is also required. Our agency offers this bond to you for filing within a matter of minutes.
El Paso Right of Way Contractor Bond: Surety Amount – Qualifications – Premium
The El Pason right of way contractor bond is a $10,000 surety bond which will cost you just $100 annually.
Qualifying is merely by completing a surety bond application, and paying the premium. Thereafter the surety bond is issued to you immediately.
A copy of the bond can be issued to you within some minutes after purchase. The original surety bond will be mailed to you by the same or the following business day, depending on when the bond is purchased.
There is no credit check nor the standard underwriting procedures (review of financial statements, etc.) involved in the purchase of this bond.
Bond Term; Payment Options
This contractor bond is issued for a standard term of $100, for a period of one year.
If you let our agency know from the onset of your contact with us, we will be able to offer you the ability to prepay this bond for 2 or 3 years, thereby offering you a savings over year to year renewal of the bond premium.
Prepayment premium pricing is as follows:
- 2 years for $180 (a $20 savings);
- 3 years for $260 (a $40 savings).
The Purpose of Your Surety Bond Requirement
The surety bond requirement is a financial guarantee for the county of El Paso, and any cities, that you will conduct your contracting work in accordance with all statutes, regulations, and any amendments thereto.
AmeriPro Surety Bonds is a surety bond-only agency. We provide license and permit, court, and fiduciary bonds throughout Colorado.
Our agency also provides surety bonds nationwide.
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