If you are contracted for work in the State of Tennessee that will infringe upon right-of-way, you will need to obtain a Tennessee Right of Way Bond in order to get a permit issued for constructioni.Anytime that your contracted work will block public sidewalks and roads, the right-of way permit is necessary. Each municipality, town, city, and county has different laws and bond amounts for the Tennessee Right of Way Bond. We recommand that you speak with the local government in the area in which you are contracted to work to find our the required bond amount and any other local departments you need to coordinate with before your construction can begin.Novus Bonds offers a Tennessee Right of Way Bond with a 99% approval rate. You will be required to provide a signed application including business and personal indemnity in order to get approval for a Tennessee Right of Way Bond.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Tennessee Right of Way Bond holds you accountable for your business decisions. By possessing a Tennessee Right of Way Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.
Get Your Bond Price Within 1 Hour!
Most License and Permit Bonds have 1 hour responses during business hours:
1. This application is all that’s needed to get you a price within 1 hour.
2. Occasionally, more information is needed. If so, you’ll be contacted within 24 hours.
3. If you have credit issues, approvals might need additional time.
4. We never require an application fee. All quotes are always 100% free.
Your lowest bond price is calculated from the information you provide on the application. Keep your cost low by filling out this application completely.
Bond approvals, like loans, are based upon several factors: personal credit and financial strength of the owner(s), liens or judgments, bankruptcies, length of time in business, bond amount and type of bond. The more information you provide the better chance you have of getting the lowest available price and a faster approval.
Complete our fast and easy online application by clicking the link below. Most will receive a free quote within 1 hour.