1 (844) 589-9732

The $10,000 Austin, Texas right of way bond is required by the city’s Transportation Department. The surety bond is issued in minutes. Please call AmeriPro Surety Bonds at 844-589-9732.

Texas – Austin Right of Way Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Austin, Texas Contractors — Right of Way;

Purpose of the Surety Bond  Requirement

 

 

 

Right-of-way contractors in Austin, Texas, are required by the Austin Transportation Department to secure a $10,000 surety bond as a prerequisite for licensing with the city.

The surety bond is a financial guarantee for Austin, which holds this city harmless for any defect in the workmanship of a licensed contractor; harm caused by any contractors, employees, or subcontractors hired by the bonded entity.

Furthermore, the surety bond is a financial guarantee that all damage caused will be repaired and that work performed will be warranted for a period of one year thereafter.

 

 

 

Qualifying and the Premium

 

 

 

You are automatically approved for the $10,000 Austin right of way bond. There is no review by an underwriter, nor is there a qualification based on your credit score.

The premium is just $100 annually. Additionally, your bond will have an expiration date of December 31st of the year in which it is issued.

Issuing your surety bond is very easy.

When you call us, we’ll ask for the name as it should appear on your surety bond. As a note, this name should match any other paperwork that you’ll be filing with the city.

Then we’ll need the basics: your address, phone number, and email address. Also, we’ll need to know the Aif address phone number, and your type of business (LLC, corporation, etc.)

After payment of the $100 premium, your surety bond and a Power of Attorney form are issued to you immediately.

Upon receipt of your surety bond by mail, you’ll sign it and file all documents received to:

City of Austin

Transportation Department, Right of Way

Management Division

505 Barton Springs Road, Suite 850

Austin, TX 78704

 

 

 

Premium Prepayment Options

 

 

 

Your right-of-way bond may be prepaid up to 3 years at your discretion. Premium prepayment lengthens the time between renewals (you will still have an expiration date of December 31st) and save you over annual renewals.

The premium prepayment options are 2 years for $180, a $20 savings; and 3 years for $260, a $40 savings.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds offers surety bonds in all 50 states.

Please call our agency today at:

844-589-9732

Or, you may fill out the form below and a Surety Agent will call you…

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