Cash Performance Bond (PDF): A check is received from the developer and deposited into a treasury department account and held until the project is complete. When authorization is received from Construction Inspections, the surety is returned to the developer.
Performance Bond (PDF): Must be submitted on a standard Harford County Performance Bond form and is accepted from any insurance company that is listed on the federal register. The surety is returned to the bonding company when a release authorization is received from Construction Inspections.
Irrevocable Letter of Credit (PDF): Must be submitted using standard language required by Harford County Government. The surety is released or reduced through the banking institution when authorization is received from Construction Inspections.