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PERFORMANCE BONDS: THE NEW FORM 32 UNDER SECTION 85.1 OF THE ONTARIO CONSTRUCTION ACT Posted on May 1, 2019Categories: Insights, Publications Following up on our previous bulletin, Performance Bonds:

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What is performance bonds the new?

Performance bonds are a type of surety bond that guarantees the satisfactory completion of a project.

Who is required to file performance bonds the new?

Contractors and subcontractors may be required to file performance bonds for certain projects.

How to fill out performance bonds the new?

Performance bonds can typically be filled out through a surety bond provider.

What is the purpose of performance bonds the new?

The purpose of performance bonds is to ensure that a project is completed according to the terms of the contract.

What information must be reported on performance bonds the new?

Performance bonds typically require information such as the project details, bond amount, and the parties involved.

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