North Carolina DOT proposes surety bond requirement for selective vegetation removal

vegetation

The Department of Transportation in North Carolina is currently reviewing permit requirements for selective vegetation removal. Selective vegetation removal consists of removing trees and other vegetation along North Carolina DOT roads and highways for the purpose of installing outdoor advertising.

For each permit, a $2,000 license and permit bond would be required. If passed, the bill would allow vegetation removal companies to purchase a continuing surety bond in the amount of $100,000 if the company chooses to post more than two individual permits. The bond would be issued before a permit is granted.

The bond’s purpose would be to cover any cost of restoration to return the land to its original state in the event of extensive damage. Once inspection of the work has been cleared and approved, the Department of Transportation will release the surety bond.

To read the full summary of the proposed requirement changes, click here.

If you need a surety bond in North Carolina or any other state, contact SuretyBonds.com online 24/7 or by phone at 1 (800) 308-4358 Monday through Friday, 7 a.m. to 7 p.m. CST. You’ll be connected with an expert surety specialist who will walk you through each step of the bonding process.

About the Author

Jon Gottschalk
Jon Gottschalk is the Senior Marketing Director for Suretybonds.com and regularly blogs at the Surety Bond Insider to keep consumers informed on new legislation and updates in the commercial surety industry. He is also a licensed property & casualty insurance producer in Missouri.