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ATLANTIC COAST SURETY, LLC
SUBDIVISION BONDS
Subdivision Bonds Guarantee Public Improvements Required of Your Project
Developers frequently need surety bonds to serve as performance guarantees for subdivision projects. Developers start the subdivision process by filing maps with the proposed configuration of the project including public improvements necessary to serve the project.
When the installation of public improvements is a condition imposed on a developer, the developer must furnish acceptable security to guarantee completion and payment of the work. With subdivision bonds, the developer is guaranteeing the installation of improvements such as sidewalks or landscaping to benefit the public.
Subdivision/Site Plan Bonds include:
• Deposit
• Road Opening
• Street Obstruction
• Utility
Contact: Deb Ezra, V.P., 1-800-222-2425
dezra@atlanticcoastsurety.com
Download our bond and surety brochure.