City of Fort Worth TX Parkway Contractor Bond
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $10,000 | 1 Year | $100 |
| $25,000 | 1 Year | $250 |
Contractors performing commercial construction work within the City of Fort Worth's public right-of-way may be required to post a surety bond as part of the contractor registration process. Required by the City of Fort Worth, the parkway contractor bond helps ensure contractors repair damage to city-owned sidewalks, curbs, gutters, and other public infrastructure and comply with applicable public works requirements.
Cost of the Fort Worth TX Parkway Contractor Bond
The cost of the Fort Worth parkway contractor bond starts at $100 per bond term with NNA Surety. Buy your bond online today.
How the Fort Worth Parkway Contractor Bond Works
The City of Fort Worth parkway contractor bond protects the city and the public by providing a financial guarantee that contractors will perform work in accordance with city requirements when working in the public right-of-way. The bond helps cover costs if a contractor damages public property, fails to complete required repairs, or does not comply with applicable regulations.
The bond involves three parties:
- Principal: Parkway contractor
- Obligee: City of Fort Worth, Texas
- Surety: Bond company
If the contractor fails to meet their obligations, the City of Fort Worth may file a claim against the bond. If the claim is determined to be valid, the surety may compensate the city up to the bond amount. The contractor is ultimately responsible for repaying the surety for any covered losses and claim expenses.
How to Get the City of Fort Worth Parkway Contractor Bond
Getting bonded with NNA Surety is fast and simple:
- Complete a short online application.
- Pay the bond premium.
- Receive your bond by email.
- Download and submit the bond with your City of Fort Worth contractor registration documents.
With instant issue bonds, no credit check, and immediate delivery, you can quickly meet Fort Worth registration requirements.
Get Your City of Fort Worth TX Parkway Contractor Bond
Need your Fort Worth parkway contractor bond fast? NNA Surety makes it easy to secure your bond online in minutes with competitive rates, no credit check, and immediate delivery. Buy now and file your bond with the City of Fort Worth to keep your contractor registration on track.