Surety Requirement. The permittee and/or their agent shall provide surety to guarantee the satisfactory performance of the activity authorized under the auspices of the land use permit issued for the initial installation. The surety shall be based on the estimated cost of work to be performed within the right-of-way and the amount shall be determined by the district administrator’s designee. The surety may be in the form of a check, cash, irrevocable letter of credit, insurance bond, or any other VDOT-approved method. This surety will be refunded or released upon satisfactory completion of the initial installation and inspection by VDOT. Prior to release of the performance surety provided for the initial installation the permittee shall provide VDOT with a continuous surety in an amount sufficient to restore the right-of-way in the event of damage, failure or default. The surety amount shall be determined by the district administrator’s designee and may be in the form of a check, cash, insurance bond, or any other VDOT-approved method. Cash Surety Refund By signing this document, I hereby acknowledge the following: Should I owe the Internal Revenue Service or the Commonwealth of Virginia, I may not receive a refund of the cash guarantee provided for the issuance of a VDOT land use permit unless the amount owed is less than the amount of cash guarantee provided. That failure to satisfactorily complete the work authorized under the auspices of a land use permit may also result in the forfeiture of the cash guarantee provided. That I must provide an executed copy of the Commonwealth of Virginia’s Substitute Form W-9 to receive a refund of the cash guarantee provided for the issuance of a VDOT land use permit.
Surety Requirement. A continuous surety in the amount of ten-thousand dollars ($10,000.00) per district is required to restore the right-of-way in the event of damage to state maintained facilities resulting from the authorized activity. The continuous surety may be in the form of cash, check, or surety bond. Cash Surety Refund By signing this document, I hereby acknowledge the following: Should I owe the Internal Revenue Service or the Commonwealth of Virginia, I may not receive a refund of the cash guarantee provided for the issuance of a VDOT land use permit unless the amount owed is less than the amount of cash guarantee provided. That failure to satisfactorily complete the work authorized under the auspices of a land use permit may also result in the forfeiture of the cash guarantee provided. That I must provide an executed copy of the Commonwealth of Virginia’s Substitute Form W-9 to receive a refund of the cash guarantee provided for the issuance of a VDOT land use permit.
Surety Requirement. The requirement to provide a surety for the placement of a roadside memorial on state maintained highways is waived.
Surety Requirement. There is no surety requirement for normal surveying activities performed under a district-wide land use permit.
Surety Requirement. A performance surety in the amount determined by the district administrator’s designee is required to restore the right-of-way in the event of damage or default. This surety may be in the form of cash, check or surety xxxx XXX-XX. Cash Surety Refund By signing this document, I hereby acknowledge the following: Should I owe the Internal Revenue Service or the Commonwealth of Virginia, I may not receive a refund of the cash guarantee provided for the issuance of a VDOT land use permit unless the amount owed is less than the amount of cash guarantee provided. That failure to satisfactorily complete the work authorized under the auspices of a land use permit may also result in the forfeiture of the cash guarantee provided. That I must provide an executed copy of the Commonwealth of Virginia’s Substitute Form W-9 to receive a refund of the cash guarantee provided for the issuance of a VDOT land use permit.
Surety Requirement. A continuous surety in the amount of ten-thousand dollars ($10,000.00) per county is required to restore the right-of-way in the event of damage or facility failure. The continuous surety may be in the form of cash, check or LUP-SB surety bond. Governmental customers may use a Resolution in lieu of a Permit Surety Bond.
Surety Requirement. The locality shall provide, or have the mobile food vendors provide, a continuous surety in the amount of $10,000 per vendor to guarantee the restoration of the highway right-of-way in the event of damage to state maintained facilities, or litter pick-up and disposal, or both. Continuous sureties provided by mobile food vendors may be in the form of a LUP-SB surety bond or LUP-LC irrevocable letter of credit, or any other VDOT-approved method. The locality may use a Resolution in lieu of a permit surety bond or irrevocable letter of credit bank agreement. The surety obligation will only be refunded or released upon:
Surety Requirement. The permittee shall provide surety to guarantee the satisfactory installation of the privately maintained irrigation system. The surety may be in the form of a check, cash, LUP-SB surety bond, LUP-LC irrevocable letter of credit. The surety will be refunded or released upon satisfactory completion of the initial installation and inspection by VDOT. Prior to release of the performance surety provided for the initial installation the permittee shall provide VDOT with a continuous surety in an amount sufficient to restore the right-of-way in the event of damage, failure or default.
Surety Requirement. The locality shall provide surety to guarantee the satisfactory installation of the photo-red camera equipment on state maintained highway right-of-way. The surety may be in the form of a check, cash, LUP-LC irrevocable letter of credit, LUP-SB surety bond, or Resolution and will be refunded or released upon satisfactory completion of the initial installation and inspection by VDOT. Prior to release of the performance surety provided for the initial installation the locality shall provide VDOT with a continuous surety in an amount sufficient to restore the right-of-way in the event of damage, failure or default. The surety amount shall be determined by the district administrator’s designee. The continuous surety will only be refunded or released upon removal of the photo-red camera equipment, restoration of the right-of-way and final inspection of the impacted intersection by VDOT.
Surety Requirement. The requirement to provide a surety for mowing operations within the right-of-way of state maintained highways is waived if the volunteer supplies their own signage. If VDOT supplies signs, a nominal surety of $100 per sign may be required by the district administrator’s designee. The surety may be in the form of cash or check, a LUP-SB surety bond or an LUP-LC irrevocable letter of credit bank agreement.
