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This document certifies that Developers Surety and Indemnity Company meets the capital and surplus requirements for sureties as per New Jersey law and provides details related to the bond.
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How to fill out new jersey surety disclosure

How to fill out New Jersey Surety Disclosure Statement and Certificate
01
Obtain the New Jersey Surety Disclosure Statement and Certificate form from the New Jersey State website or relevant authority.
02
Fill in the name and address of the principal (the party required to perform the obligation).
03
Provide the name and address of the surety (the party guaranteeing the obligation).
04
List the contract number and details for which the surety is being provided.
05
Include the amount of the bond that corresponds to the obligation.
06
Check the appropriate box indicating whether the surety is a company authorized to do business in New Jersey.
07
Sign and date the form, ensuring it is completed by a duly authorized representative of the surety.
08
Submit the completed form to the appropriate authority or agency as required.
Who needs New Jersey Surety Disclosure Statement and Certificate?
01
Any contractor or entity bidding on or involved in public contracts in New Jersey that requires a surety bond.
02
Surety companies that provide guarantees for construction contracts.
03
Government agencies or departments that require proof of surety for compliance with contractual obligations.
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What is New Jersey Surety Disclosure Statement and Certificate?
The New Jersey Surety Disclosure Statement and Certificate is a legal document required in the state of New Jersey that provides information about the surety bonds required for public contracts. It ensures transparency in the financial responsibility of the parties involved.
Who is required to file New Jersey Surety Disclosure Statement and Certificate?
Contractors who are bidding on public contracts and are required to provide a surety bond must file the New Jersey Surety Disclosure Statement and Certificate.
How to fill out New Jersey Surety Disclosure Statement and Certificate?
To fill out the New Jersey Surety Disclosure Statement and Certificate, one must provide detailed information about the surety company, the bond amount, and the contractor's financial history, as well as sign and date the document.
What is the purpose of New Jersey Surety Disclosure Statement and Certificate?
The purpose of the New Jersey Surety Disclosure Statement and Certificate is to ensure that contractors demonstrate their capability to fulfill contractual obligations by providing surety bonds, thereby protecting public funds and interests.
What information must be reported on New Jersey Surety Disclosure Statement and Certificate?
The information that must be reported on the New Jersey Surety Disclosure Statement and Certificate includes the contractor's name, the surety company's name, bond amount, the nature of the work to be done, and any previous claims on bonds, along with relevant financial details.
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