How much does a forestation bond cost in Anne Arundel County, Maryland?
The Maryland Anne Arundel County Department of Inspections and Permits has drafted a forestation agreement for relevant projects within the county. As part of the agreement, all developers must post a surety bond in an amount not less than $1.50 for every square foot of area being worked on.
Since both the bond amount can vary so greatly, applications will be subject to underwriting. Highly qualified applicants may be approved for as little as 1% of their total required bond amount. Get started by filling out an online application today!
|Bond Type||Bond Amount||Cost*|
|$1.50 per every square foot of work site Anne Arundel County Forestation Bond||$1.50 per every square foot of work site||Starts at 1%||GET A QUOTE|
If you’re ready to get bonded, call SuretyBonds.com at 1 (800) 308-4358 or fill out our online bond request form to connect with an expert surety specialist.
Why do I need this bond?
Anne Arundel County forestation surety bonds hold applicants to the highest standards of the law and ensure the prompt and faithful payment of all dues. This bond requires that the principal (developer) maintains all plants within the areas and completes reforestation, afforestation, or replanting in the areas being worked on. The principal must also notify the county within 30 days of installation of plant materials so the accuracy of the installations can be verified.
If the principal fails to pay all taxes and fees associated with a reforestation project or does not properly install and maintain plants, the county can make a claim against the bond. If the claim is found to be valid, the surety will compensate the county for any damages. The principal is ultimately responsible for reimbursing the surety.
Still not quite sure this is the right bond for you? Don’t worry, our team of surety experts is here to help you with any bonding questions you might have. Or, if you’re ready to start getting bonded, fill out our online bond request form and one of our bond specialists will get back to you right away to get you a free surety bond quote.
What’s the fine print?
Anne Arundel County forestation surety bonds are required by Anne Arundel County, Maryland. These bonds are continuous until canceled, and the surety must give the obligee 30 days’ notice prior to cancellation.
Things to know when submitting your bond
When submitting your bond, be sure to include a copy of your forest conservation plan, buffer management plan or bog protection plan. If the project is not completed or the developer fails to install all plants according to contract, the county may complete the project at the expense of the developer. Additionally, the county may pursue any and all available remedies at the expense of the principal.
Two inspections must take place once plants have been installed; one within 30 days of initial planting and one in two years to check on the plants’ progress.
Our experts understand these bond requirements and are ready to answer all of your questions. Submit a bond request to connect with a surety specialist right away!
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