City of Bloomington, MN - Erosion Control Performance
Competitive Rates
| Bond Amount Required | Bond Term | Annual Premium |
| Varies | 1 Year | Starting at $100 |
Contractors performing applicable construction or land-disturbing work in Bloomington, Minnesota, may be required to provide an erosion control performance bond. The bond helps ensure compliance with applicable city erosion control requirements and provides financial protection if covered erosion control obligations are not fulfilled.
Cost of the City of Bloomington MN Erosion Control Performance Bond
The starting price for the City of Bloomington erosion control performance bond is $100 for a one-year bond term with NNA Surety. The final premium may vary based on the required bond amount and applicable underwriting. Secure this surety bond today.
How the Bloomington Erosion Control Performance Bond Works
The Bloomington erosion control performance bond helps protect the city by holding contractors financially accountable for complying with applicable erosion control requirements during construction and land-disturbing activities.
The bond involves three parties:
- Principal: Contractor or permit holder
- Obligee: City of Bloomington, Minnesota
- Surety: Bonding company
A claim against the bond may be filed when the principal fails to meet an obligation covered by the bond, including applicable erosion control or site restoration requirements. The principal is responsible for repaying valid claims paid by the surety.
How to Get the City of Bloomington Erosion Control Performance Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application with your business and project information.
- Confirm the required bond amount and pay the applicable premium, starting at $100.
- Receive the bond documentation required for your project.
- Submit the bond to the City of Bloomington as required.
Learn more about your Minnesota surety bond options across the state.
Get Your City of Bloomington MN Erosion Control Performance Bond
Ready to meet your Bloomington erosion control bonding requirements? Complete this form or call 855-457-2196 to get bonded.