Surety Bond Details
Cost: Depends on applic...
Stormwater Management Plan Performance Bond | ||
---|---|---|
Category: | Contractor License Bonds | |
Obligee: | City of New Orleans Department of Safety and Permits | |
Amount: | Varies | |
Duration: | Stated on Bond | |
Expiration: | Stated on Bond |
City of New Orleans Stormwater Management Plan Performance Bond When the landscape and stormwater management plans are approved, the City requires performance bond in the amount of twenty-five (25%) percent of the initial combined costs, which shall be posted prior to the issuance of the building permit to ensure that the needed replacement and continued maintenance of materials occurs during the two (2) years following construction and installation.
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