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Encroachment Permit City Public Form

Encroachment Permit City Public Form

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foreign [Music] we explain what a South Carolina encroachment permit bond is and how insurance agents can efficiently obtain them for their customers an encroachment permit bond is a government required surety bond that protects the state from Financial harm if the permittee damages the right-of-way and fails to make all necessary repairs the limit on the South Carolina encroachment permit bond is a minimum of five thousand dollars and must be equal to 150 percent of the estimated construction cost of the project the bond is required for all persons applying for a permit to perform work on a South Carolina Department of Transportation maintained right-of-way and is regulated by the South Carolina Department of Transportation South Carolina requires persons seeking to perform work on a DOT maintained right-of-way to purchase a surety bond as a prerequisite to obtaining an encroachment permit the bond typically costs between 0.75 to 5 percent of the bond amount per year based on the perm

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