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STATE OF CALIFORNIA DEPARTMENT OF TRANSPORTATION Contract No. BIDDER IS BOND No. DESOE0102.3 (REV 3/2008) We as Principal, and as Surety are bound unto the State of California, Department of Transportation,
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What is bidders bond form?
The bidders bond form is a document that serves as a guarantee from a bidder that they will fulfill their obligations if awarded a contract.
Who is required to file bidders bond form?
Bidders who are participating in a bidding process for a contract are required to file a bidders bond form.
How to fill out bidders bond form?
To fill out a bidders bond form, the bidder must provide information about their financial standing, previous work experience, and contact details.
What is the purpose of bidders bond form?
The purpose of the bidders bond form is to ensure that the winning bidder will meet the obligations of the contract and provide financial security to the project owner.
What information must be reported on bidders bond form?
The bidders bond form typically requires information such as the bidder's financial statements, references, and a commitment to abide by the terms of the contract.
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