Subdivision & Site Improvement Bond
Cities and counties require a subdivision (site improvement) bond to guarantee the public improvements in your development get built. We place them for developers and site contractors.
- Bond amount
- Set by the public agency
- Authority
- Required by the city or county
The premium is a percentage of the bond amount, set by underwriting. The figures above are the bond amounts, not what you pay.
What it is
When you develop land, the local agency requires a bond guaranteeing you will complete the required public improvements (streets, curbs, gutters, sewers, drainage) to standard. If the work is not finished, the agency can draw on the bond to complete it. The amount is set by the agency from the engineer's estimate.
Who needs it
- Developers and subdividers recording a map
- Contractors building the public improvements in a subdivision
- Anyone an agency requires to bond site improvements before approval
Bond amounts and requirements are general guidance and can change. Confirm the current requirement with the listed agency before you file. We will quote your exact bond.
Tough credit or a prior claim? It's welcome here. See how we place hard-to-place surety bonds, or get a quote and we'll place your exact bond.
Subdivision Bond FAQs
How much is a subdivision bond?
Can a newer developer or builder get one?
Ready for your subdivision bond?
Get the right bond fast, with a real underwriter on your side.