A bond that ensures the activities on a construction project match the intended activities for the permit is called what?

The correct answer is a Permit Bond. A Permit Bond is specifically designed to ensure that a contractor will comply with the regulations and guidelines set forth in the permit issued for a construction project. This bond provides a financial guarantee that the project will be completed according to the specifications mandated by local authorities and adheres to the specific activities outlined in the permit. If those obligations are not met, the bond can be invoked to cover any associated costs or penalties.

In contrast, a Contract Surety Bond is a broader term that encompasses several types of bonds related to contractual obligations. While it may include compliance aspects, it does not focus exclusively on the permit itself. Similarly, a Surety Bond is a general classification of bonds that guarantee performance, payment, or other contractual obligations, but again, it doesn't pinpoint the adherence to permit activities.

A Performance Bond guarantees that the contractor will complete the project according to the contract terms, but it does not specifically focus on compliance with permit guidelines. Thus, the Permit Bond is the most accurate answer, as it directly addresses the necessity for construction activities to align with the legal requirements established in the permit.