If you are a contractor in the state of Louisiana, you may be required to possess a Louisiana Right of Way Surety Bond to obtain a Right of Way Permit (sometimes called a driveway permit, culvert permit, or utility permit) for your project.
The Louisiana Right of Way Surety Bond is required if you need a Right of Way Permit to disturb, excavate, block, obstruct, tamper with, or place any construction, or other material, on, or in, a city road, right of way, or easement.
Bonds Express offers an Louisiana Right of Way Surety Bond with a 99% approval rate. You will be required to provide both business and personal financial statements, in addition to a signed application in order get an Louisiana Right of Way Surety Bond .
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Louisiana Right of Way Surety Bond holds you accountable for your business decisions.
By possessing an Louisiana Right of Way Surety Bond , you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.