What a right-of-way bond is
Work in a public street, sidewalk or highway usually needs an encroachment or right-of-way permit, and many agencies require a bond with it. The bond guarantees you'll follow the permit conditions and restore the right of way when you're done.
In Mississippi
To build a driveway or other connection on a Mississippi state highway, MDOT's permit rules list Form MND-603, Performance Bond, as a required filing when the District Engineer requires it. No fixed bond amount is set in the rule.
- MDOT's permit completion form says associated bonds are released after the completion certification is filed.
You need this bond if you're
- Utility, fiber and telecom contractors
- Contractors cutting curbs or building driveways
- Sewer and water lateral contractors
- Anyone placing equipment or materials in a public street
What the surety looks at
Basic business details and credit. Large or long-term permits can need more.