Spokane County Roadway Improvement Warranty Bond Guide
If you’re applying for a roadway improvement permit in Spokane County, you’ll likely need this surety bond.
Bond Overview
- Purpose: To ensure fulfillment of roadway improvement warranty contracts
- Who Needs It: Developers performing roadway improvement work with a warranty clause
- Regulating Body: The Spokane County Public Works Department
- Required Coverage: $1,000–$250,000
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Spokane County Roadway Improvement Warranty Bond?
A Spokane County roadway improvement warranty bond ensures that contractors and developers will repair any defects or repairs within the warranty period.
It serves as a financial guarantee to pay for any damages or repairs if a developer fails to uphold the warranty contract.
How Much Do Roadway Improvement Warranty Bonds Cost?
Spokane County roadway improvement warranty bonds cost a small percentage of the required coverage amount, typically 1–10%.
Exact rates vary based on personal credit score. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Spokane County roadway improvement warranty bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll mail you the bond via your preferred shipping method. Be sure to file it with the Spokane County Public Works Department as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Spokane County Roadway Improvement Warranty Bond Work?
A roadway improvement warranty bond creates a legal contract between these three parties:
- Principal: You, the roadway improvement contractor filing the bond
- Obligee: The Spokane County Public Works Department requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for performing any maintenance or repairs required within the specified warranty period.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your roadway improvement warranty bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date. Once you are released from the bond obligation, you no longer need to maintain the bond.
