Who Requires the Well Construction and Pump Installation Bond and Why Is It Needed?
Water well and pump installers in Colorado must post a $10,000 surety bond. The obligee requiring the bond is the Water Resources Division of the Colorado Department of Natural Resources. The bond ensures that the installer operates in accordance with rules, regulations, and statutes prescribed by the Department. Requirements specify well construction, maintenance, and environmental standards. A violation of these requirements by the bonded principal may lead to third party financial damages and a bond claim.
How Much Will My Surety Bond Cost?
Take 2 minutes to provide the basic information required to get the best rates for your Colorado Well Construction and Pump Installation Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.
If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.
