- Licensed in MD, PA, VA, OH and FL
- Electronic bond delivery when available
If a city, county, or agency required a site improvement bond for a permit or site plan, send us the requirement. We’ll check the form and amount and tell you what the surety needs for a quote.
A site improvement bond is a surety bond that guarantees required site or public improvements will be completed under a permit, site plan, or development agreement. The work can include grading, drainage, erosion control, paving, utilities, and landscaping, depending on the approval.
The two overlap, and the names vary by jurisdiction. In general, a subdivision bond is tied to the approval of a subdivision or plat, while a site improvement bond is tied to a site plan, permit, or development agreement.
Use the name and form your agency requires. If you are unsure which applies, send us the paperwork.
The agency sets it, often based on the estimated cost of the required work. Use the amount in the permit or agreement.
Some agencies allow the bond to be reduced or released as work is completed and accepted. Ask the agency how that works.
The surety wants to know whether the principal can complete the work. It may look at credit, financial statements, experience with similar work, the budget, and the schedule.
Smaller bonds can be simpler. Larger ones need more information.
You normally pay a premium for the bond, not the full bond amount.
The price depends on the bond amount, the principal’s financial strength and experience, the project, and the surety company. We cannot quote until we see the requirement and your information.
Usually the surety will look at credit, and for larger bonds financial information and the project budget.
If credit or financials are not strong, tell us up front. Options depend on the bond size and the surety markets available.
Send us the permit or agreement paperwork. The most useful items are:
It depends. A smaller bond with a complete file can move more quickly. Larger bonds, unusual forms, or a request that needs financial statements can take longer.
If a permit is waiting on the bond, tell us when you apply.
If this is not the bond you were asked for, these pages may help.
Yes, and often by county or city. Agencies set their own forms, amounts, and release rules. Do not assume a form accepted by one agency works for another.
Ask each agency for its requirement.
Send us the permit paperwork or the agency’s bond form. We’ll tell you what the surety needs next.
The Bond Agent | 3655A Old Court Rd, Suite 13 | Baltimore, MD 21208
