Maine --- The way life should be…
According to the city of Portland, Maine’s website, if your contracting work intersects with a public right-of-way, you are required to obtain a city permit.
Additionally, such licensees must also furnish the city with evidence of a $25,000 surety bond. Meeting the surety bond requirement takes minutes with our agency.
You are automatically approved for the $25,000 city of Portland street opening permit bond. The premium is just $125 annually.
When you call us, we’ll just ask you the following:
Thereafter, after payment of the $125 premium, our agency issues the bond to you immediately.
Your bond is sent to you by mail for filing with the city. Upon receipt, you’ll sign your bond as Principal, filing it to:
City of Portland, Maine
390 Congress Street
Portland, ME 04101
At $125 premium, the Portland street opening permit bond is active for one year and will renew on the anniversary of its issuance.
You also have the option to prepay your bond up to 3 years, which will save you slightly over year to year renewals.
The premium prepayment options are as follows:
The purpose of your surety bond is to serve as a financial guarantee that you will be in compliance with all Portland, Maine rules regarding street openings, excavations, etc.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide surety bonds throughout Maine, including surety bonds required of towns and cities.
We also provide license and permit surety bonds nationwide.
Please call our agency today at:
Or, you may fill out the form below and an agent will contact you.