Bond.
Oklahoma City Municipal Code § 50-80
in effect§ 50-80. - Bond.
(a) An applicant for the permit required by the provisions of this division shall file with the City a bond in the sum of $5,000.00 executed by a surety company authorized to transact business in the State.
(b) The conditions of the bond shall provide that the principal shall pay promptly all charges or fees levied by ordinance, and further that the principal will properly maintain for a period of two years in accordance with requirements set forth in detail in Section 50-32 all backfill of any trenches excavated by the principal across or along any street in the City. The bond shall be further conditioned that if the principal shall fail to correct any and all settling of cuts in a manner satisfactory to the Director, then the Director shall have the settlement corrected in a proper manner at the expense of the principal. The expenses shall be computed by the Director based on the fee schedule established in Chapter 60, the General Schedule of Fees. The bond shall be further conditioned that the principal shall indemnify and save the City harmless from any and all loss, costs, damage, expense, action, or cause of action, or liability of any kind, including reasonable attorney fees, which the City may suffer or be required to pay or which may accrue against it or be recovered from the City by reason of loss, damage or injury incurred by any person by reason of any cutting, altering, or excavating on any street in the City by the principal, his agents, servants, or employees, or by reason of the neglect, failure or refusal of the principal, his agents, servants, or employees to erect, place, and maintain proper safety devices, crossing signals or barricades about such work during the process of constructing or repair.
(c) The provisions of Subsection (a) shall not apply to utility companies operating under franchise or under congressional grant in the City; provided however, that if the work is sublet to a contractor, either the contractor will be required to furnish the bond or the utility company shall provide the bond.
(Code 1970, §§ 32-26, 32-27; Ord. No. 17410, § 1, 11-1-83; Code 1980, § 50-80; Ord. No. 18716, § 1, 3-24-87)
Source: City of Oklahoma City, Municipal Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/ok/oklahoma_city/codes/code_of_ordinances?nodeId=OKMUCO2020_CH50STSI_ARTIIEXCUCUET_DIV3PACU_PTBPE_S50-80BOFetched: 10/28/2026