If you are contracted for work in the State of Tennessee that will infringe upon right-of-way, you will need to obtain a Tennessee Right of Way Bond in order to get a permit issued for construction.
Anytime that your contracted work will block public sidewalks and roads, the right-of way permit is necessary. Each municipality, town, city, and county has different laws and bond amounts for the Tennessee Right of Way Bond. We recommend that you speak with the local government in the area in which you are contracted to work to find our the required bond amount and any other local departments you need to coordinate with before your construction can begin.
Bonds Express offers a Tennessee Right of Way 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 Tennessee Right of Way Bond holds you accountable for your business decisions.
By possessing a Tennessee Right of Way Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.