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PROJECT MANUAL CITY OF MELLON 2017 Sanitary Sewer Rehabilitation Project August 2017 PROJECT NO. 380417SECTION 00010 Tables OF CONTENTSCONTRACT NO. 380417 2017 Sanitary Sewer Rehabilitation DIVISION
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What is bonding and certification?
Bonding is a process where a company or individual purchases a surety bond to protect against financial loss in case they fail to fulfill their obligations. Certification is a confirmation or verification that a person or entity has met certain standards or qualifications.
Who is required to file bonding and certification?
Certain businesses or professionals may be required by law or regulation to file bonding and certification. These requirements vary depending on the industry and location.
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To fill out bonding and certification, one must typically obtain the necessary forms from the appropriate authority, provide required information, and submit the forms along with any required documentation and fees.
What is the purpose of bonding and certification?
The purpose of bonding and certification is to protect consumers, clients, or other parties from financial harm or fraud by ensuring that the bonded or certified entity meets certain standards or has financial security in place.
What information must be reported on bonding and certification?
The information required on bonding and certification forms may include personal or company information, details of the surety bond or certification, and any relevant financial information.
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