In the State of Missouri, if you are contracted to do any work that will obstruct the right of way on city streets or sidewalks, you will be required by the city, town, village, or county in which you are working to obtain a Missouri Right of Way Surety Bond before a permit for construction can be issued.
Missouri state laws regarding right of way management and permits are found in the Revised Statutes of Missouri, Chapter 67: Political Subdivisions Miscellaneous Powers, Sections 67.1830 – 67.1846. Please refer to this law for more information.
Bonds Express offers a Missouri Right of Way Surety Bond with a 99% approval rate. You will be required to provide a signed application for amounts up to $25,000; for amounts over this, in addition to a signed application you will have to provide with personal and business indemnity statements in order get approval for a Missouri 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 Missouri Right of Way Surety Bond holds you accountable for your business decisions.
By possessing a Missouri 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.