New York Staten Island Borough Street Obstruction Bond

Who needs this bond?

If you need to obtain a license or permit for work that will result in a street obstruction in Staten Island, a surety bond in the amount of $25,000 is required.                                      

Why is this bond required?

The street obstruction bond protects against damages resulting from violations of applicable laws, statutes, ordinances, rules and regulations.

Bond Terms
State
New York
Amount and Term
Starting at $25,000 for One Year
Premium
Starting at $250 for One Year
Issue Type
Instant Issue
Instant Issue Bolt
Obligee

New York State

New York City Department of Transportation

55 Water Street, 9th Floor

New York, NY 10041

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Street Permit Bonds
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General Questions

What is a surety bond?

A surety bond is a three-party agreement among a principal, an obligee, and a surety.

The bond formalizes the principal's obligation to the obligee. The surety guarantees that the principal will fulfill their obligation.

Application Questions

Financial Questions