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STATE OF NORTH CAROLINADEPARTMENT OF TRANSPORTATIONDivision 14Bridge MaintenanceContract & Bonds CONTRACT: TIP Number: FEDERAL: WBS Element: LOCATION: COUNTY:DESCRIPTION: Contractor: Address:DN11569482
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What is contract amp bonds?
Contract bonds are a type of surety bond that guarantees a contractor will fulfill their obligations under a contract.
Who is required to file contract amp bonds?
Contractors who are awarded construction projects or government contracts are usually required to file contract bonds.
How to fill out contract amp bonds?
Contract bonds can be obtained through a surety bond provider. The contractor will need to submit necessary information and documentation to the provider.
What is the purpose of contract amp bonds?
The purpose of contract bonds is to protect the project owner from financial loss in case the contractor fails to complete the project.
What information must be reported on contract amp bonds?
Contract bonds typically require information such as the contractor's financial statements, project details, and the bond amount.
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