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OREGON STATE UNIVERSITYPERFORMANCE BOND No. Solicitation Project Name (Surety #1)Bond Amount No. 1:$ (Surety #2)*Bond Amount No. 2:*$ * If using multiple suretiesTotal Penal Sum of Bond: $ We, as
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How to fill out osu performance bond form

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How to fill out osu performance bond form

01
To fill out the OSU performance bond form, follow these steps:
02
Begin by accessing the OSU performance bond form online or obtaining a physical copy from the relevant authority.
03
Start by providing the required information of the bond applicant, which may include their name, address, contact details, and business information.
04
Next, input the project details for which the performance bond is being issued. This may include the project name, location, and contract number.
05
Specify the performance bond amount, which is typically a percentage of the contract value.
06
Include the effective date of the bond and any expiration or renewal dates if applicable.
07
Provide any additional required information, such as project-specific terms or conditions.
08
Review the completed form thoroughly to ensure all information is accurate and complete.
09
Sign the form using the appropriate legal signature and date it.
10
Submit the filled-out form to the designated authority or entity responsible for processing performance bonds.
11
Keep a copy of the completed form for your records.

Who needs osu performance bond form?

01
Various parties may need an OSU performance bond form, including:
02
- Contractors bidding on a construction project at OSU
03
- Subcontractors working on OSU construction projects
04
- Suppliers providing materials or equipment for OSU construction projects
05
- Any entity or individual who needs to ensure the performance and completion of a project at OSU
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The OSU performance bond form is a legal document that provides a financial guarantee that specific obligations will be fulfilled, particularly in relation to public contracts approved by the Ohio State University.
Contractors and subcontractors who are awarded contracts by Ohio State University are required to file the OSU performance bond form as a condition of their agreement.
To fill out the OSU performance bond form, individuals must provide detailed information such as their name, the contract amount, the project details, and must sign the form along with a surety company.
The purpose of the OSU performance bond form is to protect the university from financial loss in case the contractor fails to complete the project as per the terms of the contract.
The form requires information such as the contractor's name, the surety company's details, the contract amount, the project description, and signatures from involved parties.
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