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California Subdivision bond

California Subdivision

Set by the local government from the engineer's estimate of the remaining improvement cost. California statute sizes the security at up to 100 percent of the estimated improvement cost for faithful performance, plus up to 50 percent to secure payment to laborers and material suppliers (Gov. Code § 66499.3).

Direct answer

Do I need a subdivision bond in California?

Set by the local government from the engineer's estimate of the remaining improvement cost. California statute sizes the security at up to 100 percent of the estimated improvement cost for faithful performance, plus up to 50 percent to secure payment to laborers and material suppliers (Gov.

California Subdivision bond, answered

How much is a subdivision bond in California?
Set by the local government from the engineer's estimate of the remaining improvement cost. California statute sizes the security at up to 100 percent of the estimated improvement cost for faithful performance, plus up to 50 percent to secure payment to laborers and material suppliers (Gov. Code § 66499.3).
Who needs a California subdivision bond?
Land developers and homebuilders who must guarantee streets, sidewalks, sewers, grading, and other public improvements to a municipality as a condition of plat or permit approval.
Who regulates subdivision bonds in California?
Local city or county government (plat approval authority) in California oversees subdivision requirements in California, including the bond filing.
How do renewals work?
See renewal details below.
How do I get bonded?
Send the development agreement and the improvement cost estimate Provide financials so underwriting can size the obligation Bond issued and filed with the city or county

What you will need

  • The engineer's cost estimate and the development agreement
  • Two to three years of business financials
  • Owner personal financial statements

How to get bonded

  1. Send the development agreement and the improvement cost estimate
  2. Provide financials so underwriting can size the obligation
  3. Bond issued and filed with the city or county

Regulator: Local city or county government (plat approval authority) in California

Quote your California Subdivision bond

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