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BOND CALCULATION WORKSHEETGeneral Laws chapter 169, section 2 requires that Licensees file a surety bond or other form of security. The Bond amount required is equal to twice the average weekly amount
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The bond calculation worksheet is a document used to calculate the bond amount that must be paid or posted in certain situations, such as when obtaining a license or permit.
Any individual or business entity that is required to post a bond as a condition of obtaining a license or permit may be required to file a bond calculation worksheet.
To fill out a bond calculation worksheet, you must provide all required information accurately, including details about the bond amount, the reason for posting the bond, and any other relevant information requested on the form.
The purpose of the bond calculation worksheet is to ensure that the correct bond amount is determined and paid or posted in accordance with regulations and requirements.
The bond calculation worksheet typically requires information such as the type of bond, the bond amount, the reason for posting the bond, the period of coverage, and any other relevant details related to the bond posting.
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