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Page 1 of 2 Division of Engineering RightofWay (ROW) Management 801 Plum Street, Suite 450 Cincinnati, OH 45202 5133523463LICENSED STREET CONTRACTOR BOND FORM For Office Use Only: Contractors License
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How to fill out licensed street contractor bond
How to fill out licensed street contractor bond
01
To fill out a licensed street contractor bond, follow these steps:
02
Obtain the necessary bond form from the relevant authority or bonding company.
03
Fill in the required information, such as your name, business name, and contact information.
04
Provide details about your business, including its legal structure, address, and license number.
05
Input the bond amount required by the authority, typically based on the scope of work or contract value.
06
Sign and date the bond form, ensuring you comply with any specific instructions or notarization requirements.
07
Submit the completed bond form along with any supporting documents or fees as specified.
08
Keep a copy of the filled-out bond form and any receipts or proof of submission for your records.
Who needs licensed street contractor bond?
01
Licensed street contractor bonds are required for individuals or businesses involved in street construction or related activities, including but not limited to:
02
- General contractors
03
- Road construction companies
04
- Paving contractors
05
- Excavation contractors
06
These bonds provide a guarantee that the contractor will comply with applicable laws, regulations, and contractual agreements while performing street-related work. They safeguard the interests of public authorities, project owners, and the general public by offering financial protection and ensuring the completion of projects in a satisfactory manner.
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What is licensed street contractor bond?
A licensed street contractor bond is a type of surety bond that ensures contractors comply with local laws and regulations when performing street work.
Who is required to file licensed street contractor bond?
Licensed street contractors or businesses engaging in street construction and maintenance activities are typically required to file this bond.
How to fill out licensed street contractor bond?
To fill out a licensed street contractor bond, contractors usually need to provide their business information, details about the work to be performed, and the bond amount, along with signatures from the contractor and a surety company.
What is the purpose of licensed street contractor bond?
The purpose of a licensed street contractor bond is to protect the public and government entities from financial loss due to the contractor's failure to comply with regulations or fulfill contractual obligations.
What information must be reported on licensed street contractor bond?
The bond should include the contractor's name, business address, bond amount, project details, and the signatures of the contractor and the surety.
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