Surety Fee Process

Surety Fee Assessment

All surety fees will be assessed after the surety review is complete.

The fee amount will depend on the type of surety application:

Performance Surety

Warranty Surety

Development Surety Agreement (involving both Performance and Warranty)

Administration fees

Administration fees will be assessed to the surety record as a separate charge from the surety amount.

Performance Surety: $210.20

Warranty Surety: $210.20

Development Surety Agreement (Performance and Warranty): $374.84

Surety reduction: $69

Reduction of an existing surety is only an option at the time an original surety has expired or is up for renewal.

Performance and Warranty Surety calculations

Performance Surety:

Main Sewer and Main Water Infrastructure: 125% of the verified line-item cost estimates.

Non-Life Safety Improvements, Landscaping, Fencing, Streetlights, Pressurized Irrigation, Pathways and Other Amenities: 110% of the line-item bids.

Warranty Surety:

Main Sewer and Main Water Infrastructure: 20% of the verified line-item cost estimates.

Payment Options

Surety administration fees can be paid online via the Citizen Access Portal by Credit Card, Debit Card or Electronic Check. Letters of Credits and/or Bonds can be mailed or delivered in person to Meridian City Hall at the following address:

Community Development Department

Attn: Kelly Ready, Land Development Surety Coordinator

33 E. Broadway Ave., Suite 102

Meridian, Idaho 83642