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CA Faithful Performance Bond - City of Camarillo 2007-2025 free printable template

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BOND NO. PREMIUM NO.FAITHFUL PERFORMANCE BOND (City of Camarillo) PROJECT NO. WHEREAS, theCityofCamarillo(hereafterCity)and(hereafter Principal), have entered into an agreement (Agreement) dated,
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How to fill out CA Faithful Performance Bond - City

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How to fill out CA Faithful Performance Bond - City of Camarillo

01
Obtain the CA Faithful Performance Bond form from the City of Camarillo's official website or the appropriate office.
02
Read the instructions provided with the bond form carefully.
03
Fill in the project name and description in the designated sections.
04
Provide the contractor's details, including their name, address, and license number.
05
Specify the amount of the bond, which is usually a percentage of the total contract value.
06
Enter the duration of the bond, which typically covers the term of the project.
07
Include necessary details about the bond's surety company including their name, address, and license information.
08
Sign the bond agreement where indicated and ensure it is dated appropriately.
09
Submit the completed bond form along with any required supporting documents to the City of Camarillo's office.
10
Keep a copy of the submitted bond for your records.

Who needs CA Faithful Performance Bond - City of Camarillo?

01
Contractors who are awarded projects by the City of Camarillo that require a performance bond.
02
Construction companies looking to bid on public works contracts for projects within the city.
03
Any entity needing assurance to the city that projects will be completed satisfactorily in compliance with the contract.
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The CA Faithful Performance Bond - City of Camarillo is a legal instrument that guarantees the completion of a construction project according to the terms of the contract. It ensures that the contractor will fulfill their obligations and adhere to the specifications laid out in the agreement.
Contractors engaged in public works projects within the City of Camarillo are typically required to file the CA Faithful Performance Bond as a security measure for their performance and adherence to contractual obligations.
To fill out the CA Faithful Performance Bond, the contractor must complete the bond form, providing necessary information such as the project details, bond amount, and signatures from appropriate parties, including the surety company.
The purpose of the CA Faithful Performance Bond is to protect the interests of the City of Camarillo and ensure that the project is completed according to the contractual terms. It serves as a financial guarantee that the contractor will meet their obligations.
The CA Faithful Performance Bond must include information such as the bond amount, project description, names and addresses of the contractor and surety, as well as signatures of authorized representatives from both the contractor and the surety.
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