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CONTRACTOR SURETY APPLICATION PLEASE PRINT OR TYPE 30 SOUTH ROAD FARMINGTON, CT 06032 TELEPHONE: (860) 415-8400 FAX: (860) 404-5394 EMAIL: short form acstarins.com CONTRACTORS NAME TELEPHONE NO. ADDRESS

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How to fill out contractor surety application

How to fill out a contractor surety application?

01

Start by gathering all the necessary information and documents. This may include personal identification, proof of insurance, financial statements, and project details.

02

Carefully read through the application form to understand the requirements and sections. Make sure you have a clear understanding of what is being asked before proceeding.

03

Begin filling out the application form step by step, providing accurate and complete information. Pay attention to details such as legal names, addresses, and contact information to avoid any errors or discrepancies.

04

Provide any requested financial information, such as your company's financial statements, bank references, or credit history. Ensure that you include all relevant supporting documents or attachments as requested.

05

If there are any specific project details required, such as project timelines, budgets, or subcontractor information, provide accurate and up-to-date information.

06

Review the completed application form thoroughly before submitting it. Double-check for any mistakes, missing information, or unclear responses. It's always a good idea to have someone else review it as well to ensure accuracy.

07

Once you are satisfied with the completed application form, sign and date it as required. Make sure to follow any additional instructions provided, such as obtaining a witness signature if necessary.

Who needs a contractor surety application?

01

Contractors undertaking public construction projects often need to complete a contractor surety application. This includes general contractors, subcontractors, and specialty trade contractors.

02

Government agencies, municipalities, or private project owners may require contractors to provide a surety bond as a form of financial guarantee for the completion of the project.

03

Construction companies bidding on large-scale projects or projects that involve substantial financial risks generally need to fill out a contractor surety application to demonstrate their financial stability and ability to fulfill contractual obligations.

04

Contractors working in industries requiring licensing or specific bonding, such as electrical contractors, plumbing contractors, or HVAC contractors, often need to complete a contractor surety application as part of the licensing or bonding process.

Note: The specific requirements for a contractor surety application may vary based on geographical location, project type, and the entity requesting the application. It is important to carefully review and adhere to the instructions provided by the requesting party.

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What is contractor surety application?

Contractor surety application is a form that contractors must fill out to obtain surety bonds for construction projects.

Who is required to file contractor surety application?

Contractors who are required to obtain surety bonds for construction projects are required to file contractor surety applications.

How to fill out contractor surety application?

Contractors can fill out contractor surety applications by providing information about their business, financial status, and the specific project for which they are applying for a surety bond.

What is the purpose of contractor surety application?

The purpose of contractor surety application is to assess the financial stability and reliability of contractors before issuing them surety bonds for construction projects.

What information must be reported on contractor surety application?

Contractors must report information about their business, financial history, credit score, and details about the specific project for which they are applying for a surety bond on the contractor surety application.

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