The municipalities, towns, and cities of Oregon require an Oregon Street Opening Bond for permit issuance. Any time that you will work on projects that dig up, break into, excavate, disturb, dig under or undermine a public street or part thereof, this bond is necessary to ensure that you follow all local rules and regulations when contracting.
Bonds Express offers an Oregon Street Opening Bond with a 99% approval rate.
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 Oregon Street Opening Bond holds you accountable for your business decisions.
By possessing an Oregon Street Opening Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.