How Does the Bond Work?

A Sidewalk, Driveway, Curb, and Gutter Builder Bond is a three-party agreement involving:

1. Principal: The contractor or builder obtaining the bond.

2. Obligee: The City of Houston, which requires the bond to issue a permit.

3. Surety: The company providing the bond, guaranteeing compensation in case the contractor fails to meet their obligations.

If the contractor violates local building codes, abandons the project, or causes damages, the city or affected parties can file a claim against the bond. The surety will pay for valid claims up to the bond amount, but the contractor must reimburse the surety for the amount paid, including legal fees and associated costs.

How Much Does the Bond Cost?

The cost of the bond varies based on:

• The bond amount required by the City of Houston.

• The contractor’s credit score and financial history.

• The contractor’s business experience.

Typically, the bond premium is a small percentage (1%-3%) of the total bond amount. Contractors with strong financial standing may qualify for lower premiums, while those with lower credit scores may pay higher rates.

Can I Get a Bond with Bad Credit?

Yes! Contractors with bad credit can still qualify for a bond. Many surety companies, including Swiftbonds, specialize in working with applicants with less-than-perfect credit. While the premium may be higher, Swiftbonds ensures you can still obtain the bond you need to operate legally and successfully in Houston.

How to Obtain a Sidewalk, Driveway, Curb, and Gutter Builder Bond

Obtaining this bond is simple:

1. Fill Out an Online Application: Complete a quick online form to start the process.

2. Receive a Quote: After submission, you’ll receive a quote outlining the cost of your bond.

3. Make a Payment: Pay the bond premium using available payment methods.

4. Receive Your Bond: Once payment is processed, you’ll receive your bond, which can be submitted to the City of Houston for your permit.

Key Details About Construction Elements

Sidewalks and Curbs

• Purpose: Sidewalks provide safe pedestrian pathways, while curbs act as barriers separating the street from pedestrian areas and controlling water flow.

• Minimum Width: Sidewalks in Houston should be at least 5 feet wide for accessibility, with an additional buffer if near curbs.

• Curb and Gutter System: Collects and redirects surface runoff, preventing street flooding.

Driveways

• Driveway Approach: The portion of a driveway connecting to a public road.

• Length Requirement: Typically, driveways should accommodate 18-24 feet per vehicle to ensure enough space for parking and turning.

Responsibilities of Contractors

Contractors working in Houston must:

1. Obtain the Proper Permits: A bond is required to secure these permits.

2. Comply with City Regulations: Adhere to Houston's construction codes and safety standards.

3. Complete Projects Properly: Avoid defects and ensure durability in sidewalks, driveways, curbs, and gutters.

Failure to meet these obligations may result in claims against the bond.