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What is the purpose of a refundable bond?

Bond purpose refundable
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What is the purpose of a refundable bond?

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A. A refundable bond is added to the permit fee to insure the work is inspected as required or to cover the cost of excessive re-inspections. Once the project has passed the final inspection the bond refund will be processed and returned to you. Generally, it takes three to six weeks for the bond to reach you.

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