City of Long Beach Grading Permit Bond
What is the City of Long Beach Grading Permit Bond?
It is a financial security requirement that the grading permit applicant must submit to the City of Long Beach’s Building Official. It is required to ensure that the grading work will be completed in accordance with the approved plans and specifications and that the grading work will be corrected to eliminate hazardous conditions.
Apart from that, the permit holder is required to comply with all the provisions of the excavation and grading codes, regulations and ordinances of the City and the terms and conditions of the permit to the satisfaction of the City of Long Beach’s Directors of Public Works and/or Development Services.
Not all grading permit requires a bond. This surety bond is required for grading permits with the following specifications:
- Excavation or fill of two hundred and fifty (250) cubic yards (191.3 m 3 ) or more of earth
- Excavation or fill of fifty (50) cubic yards or more of the earth that is potentially hazardous, as determined by the Building Official
This requirement is stated in Section 18.75.030 of the Long Beach Municipal Code. This surety bond must be submitted before the grading permit is issued.
How much does a City of Long Beach Grading Permit Bond cost?
The bond amount will be determined by the Building Official. Before you apply for this bond, make sure that you have determined the exact bond amount for your grading permit.
The bond premium is the percentage of the bond amount that you need to pay for the City of Long Beach Grading Permit Bond. The premium will depend on several factors such as your credit score. If you have an excellent credit score, you will only need to pay just 1% of the bond amount.
Check out what you need to pay by getting your FREE SURETY BOND QUOTE HERE!
How to get a City of Long Beach Grading Permit Bond
Here’s a step-by-step bonding process that we have made easier so that you can get your bond in no time:
BOND APPLICATION
You must first apply for this type of surety bond. If you are ready to do this now, you may APPLY HERE!
Our expert surety bond agent will guide you through the entire process – from the time you have applied until the bond is issued to you.
ASSESSMENT
Next, you will be asked to submit a few important information that our underwriter will need to assess the following:
- Your job or business history
- Your credit score
- Your financial strength
To avoid any delays, make sure that you have gathered the right information needed prior to submitting.
BOND ISSUANCE
Once the underwriting process is done, we will immediately issue your bond and send it to you right away!
