The County of Ventura requires contractors performing road encroachment in the county to obtain a Roach Encroachment Permit Bond. The bond represents a financial guarantee by the contractor and the issuing surety company to the County of Ventura that all contracted work will be completed on time and the jobsite will be returned to its original condition.
Per Municipal Code 12607, the bond cost, determined by the Director, will be an amount sufficient to reimburse the Department in accordance with the fees schedule for restoring the right-of-way to its original condition, or for correcting any condition occasioned by or arising out of any failure by the permittee to comply with any condition of the permit.
The bond cost for the contractor is typically between 1%-7.5% depending on the contractor’s personal credit score.
Bond Amount | Bond Cost* |
---|---|
Varies | 1%-7.5% |
*Prices shown are based on several factors. Not all available pricing tiers are shown. Rates do not constitute an offer of bonding and are subject to change at any time.
Permit applications must be submitted to the Public Works Agency. Applicants that meet permit qualifications should visit the County’s “One Stop Permitting” site to download instructions, forms, fees and the latest resolution.
County of Ventura requires wet signatures** on filed bond documents. This means both parties must physically sign the bond prior to sending it in to the County of Ventura. The original bond form issued by CCIS needs be mailed to or dropped off at the following location by the contractor once signed:
**Properly review bond forms to confirm if notarization is required. Failure to adhere to document requirements may lead to rejection of the bond form by the County of Ventura.
The permit bond expires upon the specified expiration date, typically one year from the date of issuance. A new permit bond will need to be purchased should the project take longer than one year.
If the County of Ventura files a claim against the Encroachment Permit Bond, the Surety company will investigate the legitimacy of the claim and proceed accordingly. CCIS does not handle surety claims in office, however, claims contact information will be provided to the contractor, to move the claims process forward.
If the claim is found to be legitimate, the Surety company will payout to the County of Ventura, up to the limit of the bond.
Unlike insurance policies that protect contractors from unforeseen events, this bond protects the County of Ventura, its laborers, and suppliers from the actions of a contractor. Contractors are responsible for their actions and therefore must reimburse the Surety company for any claims paid. Failure to do so will significantly inhibit a contractor’s ability to obtain a surety bond for future jobs.