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Aspen, CO – Maintenance Bond

On an asphalt road, men are working.

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Aspen, CO – Maintenance Bond – Blanket – 2 year term
Aspen, CO – Maintenance Bond – Multiple Occurrence Work – 2 year term
Aspen, CO – Maintenance Bond – Single Project – 2 year term

Introduction

In Aspen, Colorado, the term “maintenance” in the context of construction and development refers to the post-construction responsibility of contractors or developers to ensure that public improvements—such as roads, sidewalks, utilities, and drainage systems—remain free of defects for a specified period after installation. As part of this responsibility, the City of Aspen requires a Maintenance Bond to guarantee the quality and durability of the completed work and to protect the city against future repair costs due to faulty construction.

Maintenance Bond - House building, construction, restoration or maintenance site with scaffolding and protective.

Explanation: Aspen, CO – Maintenance Bond

The Aspen, Colorado – Maintenance Bond is a type of surety bond required by the City of Aspen for contractors, developers, or property owners who have completed public infrastructure or site improvement work—such as streets, sidewalks, drainage systems, or utilities—within city limits. This bond guarantees that the completed work will remain free from defects in workmanship and materials for a specified period after construction is finished.

Purpose of the Bond

The Maintenance Bond serves as a warranty and financial guarantee that:

  • All improvements made to public property will meet city standards.

  • The contractor will repair or correct any defects or failures that arise during the maintenance period.

  • The City of Aspen will not bear the cost of repairs due to substandard work.

Here’s our Adams County, CO – Street Cut Excavation / Right of Way Bond.

When is it Required?

The Maintenance Bond is typically required:

  • After final inspection and acceptance of the public improvement project by the City of Aspen.

  • As part of the final approval or closeout process for development projects involving public infrastructure.

Key Parties to the Bond

  1. Principal – The contractor, developer, or property owner responsible for the improvement.
  2. Obligee – The City of Aspen, which requires the bond.
  3. Surety – The bonding company that issues the bond and guarantees repair costs if the principal defaults.

Get our City of Boulder, CO – Right of Way Contractor Bond.

Process of Getting the Aspen, CO – Maintenance Bond

Here is a step-by-step guide to obtaining the Maintenance Bond required by the City of Aspen, Colorado:

Step 1: Complete Public Improvements and Pass Final Inspection

    • Finish construction of all required public improvements (e.g., streets, sidewalks, drainage).

    • Request and pass final inspection by the City of Aspen Engineering Department.

    • Obtain conditional acceptance of improvements from the City.

Step 2: Confirm Bond Requirement and Amount

    • The City will notify you that a Maintenance Bond is required before final project approval.

Step 3: Contact a Licensed Surety Bond Provider
Step 4: Underwriting and Approval

    • The surety evaluates your credit, business history, and project scope.

Step 5: Submit the Executed Bond to the City

    • Submit the original, signed bond to the City of Aspen Engineering Department or the designated project manager.

Conclusion

The Aspen, CO – Maintenance Bond is a post-construction surety bond that ensures public improvements remain structurally sound and free of defects for a set time. It protects the city and taxpayers from paying for repairs resulting from poor workmanship or materials.

See our City of Denver, CO – Cement Sidewalk Contractor Bond.

Using their equipment for upkeep, contractors are asphalting a new road.

Frequently Asked Questions (FAQs)

Who needs to obtain this bond?

Contractors, developers, or property owners who construct public improvements as part of a city-approved development or infrastructure project must provide a Maintenance Bond after final construction approval.

What types of work typically require a maintenance bond in Aspen?

Common types of public improvements requiring a bond include:

    • Street paving and curbs

    • Sidewalks and ADA ramps

    • Water and sewer lines

    • Storm drainage systems

    • Landscaping in public rights-of-way

What happens if a defect is found and not corrected?

The City of Aspen may file a claim against the bond. If valid, the surety pays for the repairs (up to the bond amount), and the principal must reimburse the surety.

Can the maintenance bond be transferred to another contractor?

No. The bond is specific to the original contractor or developer (the principal) and cannot be transferred. If ownership or responsibility changes, a new bond may be required.

Is the maintenance bond required for private improvements?

No. Maintenance bonds are generally required only for improvements to public property or infrastructure that will be dedicated to or maintained by the City of Aspen.

What if I fail to obtain the bond when required?

The City may withhold final acceptance or occupancy permits, delay project closeout, or take legal action if the required maintenance bond is not submitted in a timely manner.

Read our Arapahoe County, CO – Right of Way Bond.