Road bonds
A road bond is a guarantee which we can use if a developer's work is not done to our required standard and timescale. We can use the bond money to complete the road properly. Road bonds are only needed for residential developments and can be a financial guarantee or a cash bond. Some affordable housing schemes do not require road bonds as set out in the regulations and guidance listed.
Regulations and guidance
- The Security for Private Road Works (Scotland) Regulations 1985
- Amendment of the Security for Private Road Works (Scotland) Regulations 1998
- Roads and Transport Guidelines for New Developments
- Road bonds guidance
Submitting a road bond
Financial guarantee
This document should be in the correct format.
The original paper document should be submitted to our eProcessing Centre. This must include a note of your RCC application reference number.
We prefer that a draft unsigned financial guarantee bond be submitted initially for the chance to comment on issues. The original signed copy will need to be submitted following this review period.
Cash bonds
Use the details in our CC10 Lodging a cash bond notification form. Once you have transferred the funds to us, you should complete and submit the form through the ePlanning portal or post to our eProcessing Centre.
We will confirm the funds have been received.
Bond reduction
You can apply to have the value of the bond reduced at these stages:
- partial completion
- substantial completion
- final completion
To apply for bond reduction at any of the stages listed, you will need to request an inspection using the CC14 notice of work stage completed form part A form.
You must give at least 2 working days notice ahead of the works stage being completed so we can arrange for an inspector to visit the site.
Following inspection, we will confirm what stage your development is at and confirm whether or not the bond can be reduced.