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TABLE OF CONTENTSPAGES NOTICE TO BIDDERS1INSTRUCTIONS TO BIDDERS6PROPOSAL12CONTRACT CONTRACT FOR CONSTRUCTION9GENERAL TERMS AND CONDITIONS52PERFORMANCE BOND WITH SURETY6PAYMENT BOND WITH SURETY6CONTRACTORS
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How to fill out performance bond with surety

01
Obtain the necessary forms and documents from the surety company.
02
Fill out the performance bond application form. Provide accurate and detailed information about the project, including the contract amount, start and end dates, and any specific requirements.
03
Attach any supporting documentation required by the surety company, such as financial statements, project plans, and references.
04
Provide information about your company's experience and capabilities in completing similar projects.
05
Submit the completed application form and supporting documents to the surety company.
06
Pay the required premium or fee as determined by the surety company.
07
Wait for the surety company to review your application and make a decision on whether to issue the performance bond with surety.
08
If approved, sign the performance bond agreement and provide any additional requested information.
09
Keep a copy of the performance bond with surety for your records and provide a copy to the obligee or the party requiring the bond.
10
Comply with the terms and conditions of the performance bond throughout the duration of the project.

Who needs performance bond with surety?

01
Construction companies or contractors who are bidding on a construction project that requires a performance bond with surety.
02
Government agencies or entities that require performance bonds to ensure the completion and proper execution of public projects.
03
Private clients or project owners who want to protect themselves from financial loss or improper performance by contractors or suppliers.
04
Subcontractors or suppliers who are required by the main contractor to provide a performance bond as a condition for entering into a contract.
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A performance bond with surety is a guarantee provided by a third party (surety) to ensure that a contractor will fulfill their obligations according to the terms of a contract.
Contractors or construction companies are typically required to file a performance bond with surety when entering into a contract with a client.
To fill out a performance bond with surety, the contractor must provide information about the project, the terms of the contract, and financial information to the surety company.
The purpose of a performance bond with surety is to protect the client from financial loss in case the contractor fails to complete the project as agreed.
The performance bond with surety must include the project details, contract terms, financial statements of the contractor, and the surety company's guarantee.
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