Subdivision Bonds | Pinnacle Surety

1-800-815-7774
Pinnacle Surety & Insurance Services
151 Kalmus Drive Suite A-201 
Costa Mesa, California 92626

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SUBDIVISION BONDS


A Professional Surety Bond Agency.  

  • Subdivision Bond Requirements & Application


  • Subdivision Bonds


    Subdivision Bonds
    Subdivision bonds are different from the more common performance bonds used for construction projects. With subdivision bonds, the owner of the project provides bonds to the public agency to guarantee the installation of improvements that will ultimately be dedicated to the public but paid for by the owner/developer.


    Subdivision Bonds - Items Required

    1. Subdivision Financial Questionnaire COMPLETED.
    2. SUBDIVISION BOND INFORMATION SHEET
    3. Copy of Financial Statement (Fiscal Year End) including Profit & Loss Statements for the last three years - if available (also Mid - Year Statements if available)
    4. Personal Financial Statements of Owners, Principals, Officers (if major Stockholders) and/or Indemnitors.
    5. Copy of Entity Documents, i.e., Articles of Incorporation, Partnership Agreement, and Joint Venture Agreement.
    6. Resume of Owners, Principals and/or Officers
    7. Set-aside letter from Construction Lender.
    8. City of County Engineer's estimate of costs to complete offsite improvements.
    9. Required Bid forms.
    10. General Indemnity Agreement SIGNED & NOTARIZED
    11. Subdivision Agreement(s)
    12. Map showing location of subject property

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