Minnesota - Utility Contractor (Individual Permit)
Flat Rate & No Credit Check
| Bonding Amount Required | Bond Term | Annual Premium |
| Varies | 1 Year | Starting at $100 |
Utility contractors performing applicable work within Minnesota trunk highway rights-of-way may be required to secure a surety bond for an individual permit. The Minnesota utility contractor individual permit bond helps ensure contractors comply with applicable permit conditions and properly restore public property affected by their work.
Cost of the Minnesota Utility Contractor (Individual Permit) Bond
The annual premium for a Minnesota utility contractor individual permit bond starts at $100 with NNA Surety. The final cost may vary depending on the required bond amount and applicable underwriting. Secure this surety bond today.
How the Minnesota Utility Contractor (Individual Permit) Bond Works
The Minnesota utility contractor individual permit bond helps protect state infrastructure by holding contractors financially accountable for complying with applicable permit requirements and restoration obligations associated with a specific utility project.
The bond involves three parties:
- Principal: Utility contractor or permit holder
- Obligee: State of Minnesota
- Surety: Bonding company
A claim against the bond may be filed when a contractor fails to meet an obligation covered by the bond, including applicable restoration requirements for public property. The principal is responsible for repaying valid claims paid by the surety.
How to Get the Minnesota Utility Contractor (Individual Permit) 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 individual permit.
- Submit the bond as required for your Minnesota trunk highway right-of-way permit.
Learn more about your Minnesota surety bond options across the state.
Get Your Minnesota Utility Contractor (Individual Permit) Bond
Ready to meet your Minnesota utility contractor bonding requirements? Complete this form or call 855-457-2196 to get bonded.