a) The amount of Surety Bond required for utility work and occupancy will be based on:

1. 1) the potential for damage to the highway;
2. 2) the number of work crews that could potentially be active at a given time;
3. 3) local conditions; and
4. 4) the work record of the utility company or contractor.

b) Each bond shall be for an amount which will guarantee full compliance with the permit, including the following:

1. 1) proper installation;
2. 2) proper maintenance; and
3. 3) relocation, modification, and removal upon demand of the Department.