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CITY OF MESQUITE SIDEWALK, CURB, GUTTER AND DRIVEWAY APPROACH BOND STATE OF TEXAS KNOW ALL MEN BY THESE PRESENTS: COUNTY OF DALLAS That, we, as Principal, and, as Surety, hereby acknowledge ourselves
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Cement bond is a financial guarantee or surety bond required by authorities for certain construction projects to ensure that the contractor will perform the work according to the terms of the contract.
Contractors or construction companies participating in specific construction projects may be required to file cement bond.
To fill out cement bond, the contractor must provide necessary information such as project details, financial statements, and other relevant documents to the bonding company or surety.
The purpose of cement bond is to protect the project owner or obligee from financial loss in case the contractor fails to complete the project or meet the obligations specified in the contract.
The information required on cement bond may include project details, contractor's financial information, contract terms, and the amount of the bond.
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