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Principal and Surety jointly and severally bind themselves their heirs executors administrators successors and assigns unto the City in the sum of 10 000. Obligee. The Obligee is the City of East Wenatchee City a non-charter code city incorporated and operating under the laws of the State of Washington. Recitals. Surety. Surety is a corporation organized and existing according to the law of the State of. Surety represents that it is authorized to do business in the State of Washington as a...
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01
Gather all necessary information and documents required to fill out the excavation bond form.
02
Read and understand the instructions provided with the form.
03
Provide your personal information such as name, address, and contact details in the appropriate sections of the form.
04
Provide details about the excavation project, including the location, purpose, and duration of the project.
05
Specify the type of bond required and the desired coverage amount.
06
Attach any supporting documents or evidence required by the bond issuer.
07
Review the filled-out form to ensure accuracy and completeness.
08
Submit the completed form along with the required fees to the relevant authority or bond issuer.
09
Wait for the approval and issuance of the excavation bond.
10
Keep a copy of the filled-out form and the bond certificate for future reference.
Who needs excavation bond?
01
Construction companies and contractors involved in excavation projects.
02
Individuals or businesses planning to excavate land for various purposes such as building construction, utility installations, or landscaping.
03
Government agencies or public entities that oversee or regulate excavation activities.
04
Insurance companies or surety bond providers who require excavation bonds as a condition for coverage or contract fulfillment.
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What is excavation bond?
Excavation bond is a type of surety bond that guarantees the completion of excavation work according to regulations.
Who is required to file excavation bond?
Contractors or companies involved in excavation projects are required to file excavation bond.
How to fill out excavation bond?
To fill out an excavation bond, the contractor must provide their personal and business information, project details, and financial statements.
What is the purpose of excavation bond?
The purpose of excavation bond is to protect the project owner or government agency from financial loss in case the contractor fails to complete the excavation work.
What information must be reported on excavation bond?
Information such as project details, contractor's financial statements, and indemnity agreement must be reported on excavation bond.
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