Georgia Highway Right of Way Performance Bond
Georgia Highway Right of Way Performance Bond Information
A Highway Right of Way Performance Bond is required by the Georgia Department of Transportation along with a permit application to authorize certain construction work within the state right-of-ways. The purpose of this Highway Right of Way Performance Bond Surety Bond is to guarantee that the bonded principal will comply with all stipulations, requirements and specifications of said permit, and perform and fulfill all the undertakings, covenants, terms, conditions and agreements. This bond may also extend to cover any removal or corrective action determined necessary by the owner. The surety company's liability is limited to the penal sum or coverage as stated on the bond form.
How Much Does a Highway Right of Way Performance Bond Cost in Georgia?
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