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REQUEST FOR PROPOSALS MC0317893 / WP# 104652 ALTERNATE UTILITY FACILITY PROJECT AT SEATTLETACOMA INTERNATIONAL AIRPORT ADDENDUM NO. 11DATE PUBLISHED: September 23, 2016, TO ALL FINALISTS, the following
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01
To fill out performance bond division 0, follow these steps:
02
Begin by entering the project name and project number at the top of the form.
03
Fill in the name and contact information of the obligee or the party requesting the performance bond.
04
Provide the name and contact information of the principal or the party who will be performing the work.
05
Enter the name and contact information of the surety company that will issue the performance bond.
06
Specify the bond amount and the effective date of the bond.
07
Include any additional information or conditions related to the performance bond that may be required.
08
Review the completed form for accuracy and make any necessary corrections.
09
Sign the form, along with the obligee, principal, and surety company representatives.
10
Make copies of the filled-out form for all parties involved in the performance bond agreement.
11
Submit the completed form to the relevant parties and keep a copy for your records.

Who needs performance bond division 0?

01
Performance bond division 0 is typically needed by construction projects or contracts where a surety bond is required.
02
The obligee, which is the party requesting the bond, needs performance bond division 0 to ensure that the principal fulfills their obligations as agreed upon in the contract.
03
The principal, who is the party executing the work, may also need to fill out performance bond division 0 as part of their contractual obligations.
04
Finally, the surety company issuing the bond needs this form to properly document the terms and conditions of the performance bond.
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Performance bond division 0 is a type of bond that guarantees the completion of a construction project according to the specifications outlined in Division 0 of the project manual.
Contractors and subcontractors involved in the construction project are required to file performance bond division 0.
To fill out performance bond division 0, contractors and subcontractors must provide information such as project details, bond amount, and signatures of all parties involved.
The purpose of performance bond division 0 is to ensure that the construction project is completed as per the agreed upon terms and conditions.
Information such as project details, bond amount, names of all parties involved, and signatures are required to be reported on performance bond division 0.
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