Demolishing buildings in Lansing, Michigan, requires strict adherence to safety regulations and city codes to protect the public and surrounding properties. To ensure that demolition contractors perform their work responsibly, the City of Lansing requires a Wrecking Bond as part of the permit process.
This bond serves as a financial guarantee that demolition contractors will follow city guidelines, properly dispose of debris, and restore the site as required. If a contractor fails to meet these obligations, the city can file a claim against the bond to cover any damages or non-compliance issues.
A Wrecking Bond is a type of surety bond that provides protection for the City of Lansing and its residents. It ensures that demolition contractors:
โ Follow all city regulations when demolishing structures.
โ Safely remove debris and dispose of it in compliance with environmental laws.
โ Protect public infrastructure such as roads, sidewalks, and utilities.
โ Restore the demolition site as required by city permits.
If a contractor fails to meet these responsibilities, the city can file a claim against the bond to recover costs.
This bond is required for any contractor or company performing demolition work within the City of Lansing. This includes:
๐ Building demolition contractors โ Removing residential, commercial, or industrial structures.
๐ General contractors โ Conducting demolition as part of larger construction projects.
๐ Excavation and site preparation companies โ Clearing land for new developments.
โก Utility and infrastructure contractors โ Removing outdated structures to make way for new public works projects.
If you are applying for a demolition permit in Lansing, you must obtain this bond before work begins.
Demolition work involves significant risks, including:
Damage to neighboring buildings due to improper demolition techniques.
Public safety hazards from falling debris and unsecured sites.
Environmental contamination from improper disposal of hazardous materials.
Infrastructure damage to roads, sidewalks, and underground utilities.
The bond ensures that demolition contractors take financial responsibility for their work and comply with all city regulations to minimize these risks.
The cost (premium) of the bond depends on several factors, including:
๐ Bond amount required by the city (varies based on project size).
๐ Contractorโs credit score โ Higher credit scores can mean lower rates.
๐ Industry experience โ Established contractors may qualify for better pricing.
๐ Financial standing โ A strong financial record can help reduce costs.
Premiums typically range from 1% to 10% of the total bond amount, meaning a $10,000 bond could cost between $100 and $1,000 per year, depending on risk factors.
Getting your bond is a simple and quick process:
1๏ธโฃ Apply Online โ Provide basic details about your business and project.
2๏ธโฃ Receive a Quote โ Get a competitive rate based on your qualifications.
3๏ธโฃ Pay the Premium โ Secure your bond with a quick payment.
4๏ธโฃ File With the City โ Submit the bond along with your demolition permit application.
We ensure a fast and hassle-free bonding process, so you can focus on your project.
If a demolition contractor fails to comply with city regulations, the City of Lansing may file a claim against the bond.
๐ง Failing to properly remove debris or clean up the site.
๐ Causing damage to nearby structures or public property.
โป Not following environmental regulations for hazardous material disposal.
๐ฆ Leaving the demolition site in an unsafe condition.
If a claim is validated, the surety company compensates the cityโup to the bond amount. However, the contractor must reimburse the surety for any claims paid, making compliance crucial.
A Lansing Wrecking Bond is typically valid for one year and may need to be renewed annually if the contractor continues performing demolition work.
Yes! While lower credit scores may result in a higher premium, we work with multiple surety companies to find you the best available rate.
It depends. Some contractors obtain a continuous bond that covers multiple projects, while others may need a separate bond for each permit. The City of Lansing can clarify which option applies to your situation.
Once the city verifies that the site is properly cleared and all permit conditions are met, the bond requirement may be released or no longer necessary.
If you need a Wrecking Bond for the City of Lansing, we can help you secure it quickly and at a competitive rate.
โ Fast approvals
โ Affordable pricing
โ Easy online application
๐น Contact us today to get started and keep your demolition project compliant with Lansingโs regulations!