Need a Subdivision Bond?
Below you can find the requirements to underwrite and issue
a Subdivision Development Bond or Completion Bond.
1. A completed subdivision bond application (click here for blank form).
2. A business financial statement on the development company (if available) or any businesses affiliated with the Developer(s) by common ownership.
3. Personal financial statements of the equity owner(s) of the project (click here for blank form). If you have personal financial statements prepared in another format feel free to send those instead.
4. The LLC Operating Agreement of the LLC that owns the project or was formed for this project.
5. Copy of a bank financing commitment letter confirming financing is in place.
6. Copy of the subdivision Development Agreement with Obligee (Sate, County, City or Municipality) and / or worksheets or letters from the Obligee stipulating as to the required bond amount. We will also request an email from the Obligee confirming the required bond amount.
7. Estimate(s) from the General Contractor or Site Work Contractor performing the work subject to the bond.
To get started, either download the PDF form above or complete the click reply form by clicking the button below!
For more information or to discuss your subdivision bonding requirement,
please call Clay Foltz or Jamie Keppler at 302-678-9399 or, call toll-free at 800-683-9399
Alternatively, you can email Clay Foltz at firstname.lastname@example.org or Jamie Keppler at email@example.com for more information.