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PAYMENT BOND to CITY OF REDMOND, WA Bond No. The City of Redmond, Washington, (City) has awarded to (Principal), a contract for the construction of the project designated as, in Redmond, Washington
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01
Obtain the required payment bond form from the city's procurement office.
02
Read the instructions and requirements carefully to ensure all necessary information is included.
03
Fill out the bond form with the required details, such as the project name, contractor's information, and bond amount.
04
Attach any supporting documentation, such as financial statements or proof of insurance, as specified.
05
Sign the bond form and have it notarized, if necessary.
06
Submit the completed payment bond form along with any required fees to the city's procurement office.
07
Keep a copy of the filled-out payment bond form for your records.

Who needs payment bond - city?

01
Contractors or construction companies who are bidding on or undertaking a public works project in the city may be required to obtain a payment bond.
02
Subcontractors or suppliers who are providing labor or materials for a public works project may also be required to have a payment bond.
03
The city may specify the need for a payment bond in the project's contract documents or bidding requirements.
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A payment bond - city is a guarantee provided by a contractor to ensure that all subcontractors and suppliers involved in a city construction project are paid.
Contractors working on city construction projects are required to file a payment bond.
To fill out a payment bond - city, contractors must provide information about the project, the subcontractors and suppliers, and the amount of the bond.
The purpose of a payment bond - city is to protect subcontractors and suppliers from non-payment by the contractor.
Information such as the project details, subcontractors and suppliers involved, and the bond amount must be reported on a payment bond - city.
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