STREET, RIGHT-OF WAY EXCAVATION/CURB CUT BOND;
1. NEED A PERFORMANCE AND MAINTENANCE BOND OR LICENSE AND PERMIT BOND IN THE SUM OF $10,000.00.
2. A) CAN SUBMIT A BOND JUST FOR THE PERIOD OF TIME TO COMPLETE A PARTICULAR JOB.
OR
B) CAN SUBMIT A "CONTINUING BOND" TO COVER ALL PERMITS FOR THE PERIOD OF THE BOND.
CERTIFICATE OF INSURANCE:
1. NEED A CERTIFICATE OF INSURANCE SHOWING LIABILITY COVERAGE OF $1,000,000.00 FOR PERSONAL INJURY AND $100,000.00 FOR PROPERTY DAMAGE.
2. CERTIFICATE OF INSURANCE MUST SHOW THE VILLAGE OF GODFREY AS "ADDITIONAL INSURED".
3. CERTIFICATE OF INSURANCE MUST HAVE A PROVISION REQUIRING THAT THE INSURANCE CARRIER NOTIFY THE VILLAGE OF GODFREY IN THE EVENT THE COVERAGE IS TERMINATED OR CANCELLED DURING THE POLICY PERIOD SHOWN.
* NOTE:
AFTER THE EXPIRATION DATE OF THE CERTIFICATE OF INSURANCE AND/OR BOND, THE VILLAGE OF GODFREY WILL REQUIRE THAT THE POLICY AND/OR BOND BE RENEWED IF MORE WORK IS TO BE DONE.
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