City of Philadelphia, PA - Excavation Contractor
Flat Rates & No Credit Check
| Bond Amount Required | Bond Term | Annual Premium |
| $100,000 | 1 Year | $1,000 |
Excavation contractors performing applicable work in Philadelphia, Pennsylvania, must meet city licensing and bonding requirements. Required by the City of Philadelphia, the excavation contractor bond helps ensure contractors comply with applicable excavation codes and safety requirements and provides financial protection for covered damage to public or private property.
Cost of the Philadelphia Excavation Contractor Bond
The cost of the $100,000 Philadelphia excavation contractor bond is $1,000 per bond term with NNA Surety. Secure this surety bond today.
How the Philadelphia Excavation Contractor Bond Works
The Philadelphia excavation contractor bond protects the city and public by holding licensed excavation contractors financially accountable for complying with applicable safety and excavation requirements.
The bond involves three parties:
- Principal: Excavation contractor
- Obligee: City of Philadelphia, Pennsylvania
- Surety: Bonding company
A claim against the bond may be filed for covered property damage or violations of applicable Philadelphia excavation requirements. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Philadelphia Excavation Contractor Bond
Follow these simple steps to get bonded with NNA Surety:
- Complete this short online application.
- Pay the $1,000 bond premium.
- Receive the bond form via email.
- Download and file the bond as required by the City of Philadelphia.
Learn more about your Pennsylvania surety bond options across the state.
Get Your Philadelphia Excavation Contractor Bond
Stay compliant with Philadelphia excavation contractor requirements by securing your $100,000 bond. Complete this form or call 855-457-2196 to get bonded.