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Chapter 8: Performance Guarantee - Fauquier County

Chapter 8: Performance Guarantee - Fauquier County

Design Standards Manual

Design Standards Manual 1 st Edition 800 Purpose and Intent PG-3 801 Performance Guarantee Requirements PG-3 802 Types of Surety PG-4 803 Performance Guarantee Process and Procedures PG-4 804 Street Acceptance Procedure PG-8 805 Unit Price List PG-10 July 19, 2005 Design Standards Manual Chapter 8: Performance Guarantee PG-2

Design Standards Manual 1 st Edition SECTION 800 PURPOSE AND INTENT The Board of Supervisors has delegated the authority for performance guarantee, releases, reduction, extension and drafts to the Department of Community Development. Therefore, the purpose for this section is to provide the policies, procedural guidelines, and forms for providing an acceptable guarantee of performance to ensure compliance with county and state codes, and timely construction, completion and acceptance of improvements in accordance with approved plans and specifications. SECTION 801 PERFORMANCE GUARANTEE REQUIREMENTS Subdivision/Site Plan Performance Guarantee Bonding or acceptable performance guarantees for all public infrastructure is a pre-requisite to the release of approved site plans, subdivision plans, and prior to the approval of subdivision plats unless otherwise exempt from Fauquier County ordinances. Such guarantees include, but are not limited to bicycle trails; streets, and their associated curb and gutter, sidewalks; sewerage systems, waterlines and facilities as part of a public or approved private system; drainage/stormwater management facilities; or other improvements dedicated for public use and maintained by Fauquier County, the Commonwealth or other public agencies. These improvements also can be for the provision of other site related improvements required by local or state land development regulations and codes for vehicular ingress and egress, public access streets, for structures necessary to ensure the stability of soils and critical slopes, and for stormwater facilities to be financed in part or whole by private funds. Prior to issuance of any building permit there shall be an agreement executed by the owner with the County to construct required physical improvements, together with a performance guarantee. The agreement and performance guarantee or condition shall provide for completion of all work in within a specified time period. All required improvements shall be installed at the cost of the subdivider. Where cost sharing or reimbursed agreements between the County of Fauquier and the subdivider are appropriate, the same shall be entered into by formal agreement prior to final plat approval and shall be subject to Virginia Department of Transportation inspection and acceptance. In cases where specifications have been established either by the Virginia Department of Transportation for streets, etc., by this Manual or other county ordinances such specifications shall be followed. The subdividers performance guarantee shall not be released until construction has been inspected and accepted by appropriate agent and the Virginia Department of Transportation, if applicable. All improvements shall be in accordance with the requirements as established by the approved plan. Upon written request by the subdivider or developer, Fauquier County shall make periodic partial releases of the performance guarantee in a cumulative amount equal to no more than eighty (80) percent of the original performance guarantee amount. Upon final completion and acceptance of said facilities, the Board of Supervisors shall release any remaining escrow, letter of credit or other performance guarantee to the subdivider or developer. Fauquier County shall respond within thirty days after acceptance of the developer’s request to reduce or release the performance guarantee. Fauquier County shall notify said owner and any additional applicants in writing of denial of any portion of the request by applicable agencies, including specified defects or deficiencies in construction and the requisite corrective measures. July 19, 2005 Design Standards Manual Chapter 8: Performance Guarantee PG-3

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