Surety Bond Coverage

Section 530 Section 530.280  Surety Bond Coverage a)         The amount of Surety Bond required for utility work and occupancy will be based on: 1)         the potential for damage to the highway; 2)         the number of work crews that could potentially be active at a given time; 3)         local conditions; and 4)         the work record of the utility company or contractor. b)         Each bond shall be for an amount which will guarantee full compliance with the permit, including the following: 1)         proper installation; 2)         proper maintenance; and 3)         relocation, modification, and removal upon demand of the Department.