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 New Hampshire
Under RSA 236:10, the authority that permits excavation in a highway may require a bond to the state, city or town for satisfactory restoration of the highway. The New Hampshire Department of Transportation permits work in state highway right-of-way.
- The bond is required only where the permitting authority chooses to require it. The amount was not confirmed.
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.